1 / 8

Your Executor's Spouse Abouts

A concern about the executor’s spouse is often based on a conceptual misunderstanding about what you’re doing when you appoint someone to be your executor. If things gets hard on your part try consulting to the expert; Calgary Legal Wills Lawyer| Russ Weninger. You can also reach him through his website: calgarylegalwills.com.

calgarylegalwills1
Download Presentation

Your Executor's Spouse Abouts

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. YOUR EXECUTOR’S SPOUSEBy Russ WeningerCalgary Legal Wills Lawyer

  2. The executor’s job is to deal with property. The legal powers of the executor are not meant to be shared with the executor’s significant other. 

  3. You are not giving your assets to your executor; you are simply entrusting that person to distribute your assets as you have indicated.As such, the executor’s spouse has no ownership interest in, and no legal right to, your property.

  4. However, if your would-be executor’s spouse has a history of theft or fraud, a debilitating gambling problem, a tendency towards domestic violence, or a severe drug addiction that has led to money problems, then that may in fact be a reason to pick a different executor.

  5. It wouldn’t be a case of not trusting your executor, but a reasonable fear that your executor’s spouse would steal funds the estate, for example, by having access to your executor’s bank records, cheque book, etc.

  6. If your executor is trustworthy, and is willing to assume the responsibility of administering your estate, then that’s probably all that really matters.

  7. Would this person provide a safe and loving home for your children? If the answer is yes, then a minor personality quirk or two may not be deal-breaker.

  8. WANT TO KNOW MORE?CALL 403-265-4496OR VISIT:http://www.calgarylegalwills.com

More Related