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Corporate Executor – When to Use One — Gilmore and Gilmore ...

Jan 07, 2019 · A corporate executor consists of executor services provided through a trust company. Many Canadian financial institutions offer corporate executor / estate trustee services. If the administration of your estate will be particularly complicated, or if the gifts in your Will may be spread out over many years, a corporate estate trustee may be a good choice for you.…

Consider Using Trust Company as Will Executor Edward ...

It can be particularly burdensome for large and complex estates. As a result, you might find that using a lawyer or a trust company as executor is preferable to the option of choosing a spouse, family member or close friend. There are some key advantages to consider when weighing the option of using a trust company instead of an individual:…

Should your client use a corporate executor? Investment ...

Mar 01, 2018 · Or, the trust company may set a minimum fee for estate administration, which could be in the $15,000-$20,000 range. In addition to the estate administration fee, there may be extra fees associated with items such as legal work on behalf of the estate.…

Executor and Trustee Compensation - Hull & Hull LLP

Apr 06, 2015 · Central Ontario Railway Co. (1905), 6 O.W.R. 350 which provides a factual analysis of the actual work completed by the executor or trustee. These factors include: the size of the trust, the care and responsibility involved, the time occupied in performing the duties, the skill and ability shown by the executor or trustee, and…

EXECUTOR’S FEES – THE TAXMAN ALWAYS WINS Dale & …

Dec 09, 2016 · Consider for example a situation where the estate was worth $100,000 and there are 2 beneficiaries, one of which is the executor. The executor would be entitled to compensation in the amount of $5,000 and each beneficiary would be entitled to receive $47,500.…