Don't let the wrong executor derail your estate plan. Here are the seven worst mistakes people make when choosing an executor ...

You can be a "good" executor, even though carrying out someone's final wishes from their estate can be challenging.

An executor of a will is a person or organisation appointed to carry out the wishes of someone who has passed away, as laid out in their will. This role involves managing the deceased person’s estate, ...

Learn the differences between the executor of a will and power of attorney. Discover the pros and cons of having one person ...

Imagine this scenario: Christine is in her 70s and needs to revise her will. The last time she looked at the document, her husband was still alive and their three children were toddlers. A lot has ...

Often, being named as an executor happens while you’re still answering condolence messages and planning a funeral. Someone ...

If a loved one asks you to be the executor of their estate, think carefully before you accept this responsibility. While you have the option of declining the request, the person reaching out likely ...

A lot of clients who I meet with want to ask their children if they are willing to be the executor for their estate (should they need an executor). Rarely does a client who asks their child if they ...

When someone dies, others may be called on to manage their estate. An executor is charged with overseeing the distribution of someone’s assets according to the will or state inheritance laws if they ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...