You Can Get Paid For That: What Executors Need to Know About Compensation

Executor compensation is one of the most misunderstood topics in Canadian estate administration. Most family executors don't know they're entitled to it. Most beneficiaries don't know it comes out of the estate. And almost nobody has the conversation before it's too late to have it without conflict. This episode covers how compensation is calculated across provinces, the tax implications that tend to catch people off guard, why this is such a common source of estate disputes, and what those planning their estates and executors alike should be doing differently. If you've been named executor, or if you're the one naming them, this one's worth your time.Read the article.This podcast is for general information only and is not legal, financial, medical, or tax advice.#executor #estateplanning #canadianestateplanning#executorcompensation #nexsteps