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What happens if you are Trustee of trust but mom is diagnose incapacitated

Financial institutions will delay and delay asset disbursement without probate so that they can charge more fees on any registered investments for that much longer owned by the deceased.

Excellent webinar by Ellie and Sara on estate settlements. Valuable giving case studies, since they make the presentation more realistic, and the viewing can more easily relate to real people cases, in topics like estates, which are so foreign and new to most viewers. (2) Do hope you will do a couple webinars on (a) inter vivos trusts (b) testamentary trusts (c) tax consequences of trusts (d) 21 - year rule and expense in all trusts (e) Funding the trust (f) who should be the trustee, and successor trustee (g) how trusts avoid probate $$$$$$$ (h) how trusts are private, not available to the public or family, and thus Greatly reduce or eliminate totally vexatious litigation and lawyer $$$$$ by " greedy aunt Martha " Do keep us the good work with these Webinars, for attracting more and more customers, and educating customers, and the public. .... Good job done..

thats a big logic jump how do i get a leter of testementry ... hummm

Are probate fees tax deductible on either the T1 or T3 tax return?

If a home requires a foundation repair, can that estimate be used to lower the appraised value of the property? Normally residential property appraisers do not have structural expertise and do not consider underlying repairs in the appraised value ie leaky roof or mold issues etc. The end goal would be to lower capital gains.

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Alex, very funny. But also really informative, that we all need to have our will ... and maybe get the assistance of Clear Estate. Good work Alex, and staff. Toronto, Canada P.S. Alex, hope you will make some videos on how Clear Estate can assist with forming trusts, the components ( like Trustee, alternate Trustee, duration of 21 - years, ensure Funding the Trust, longterm beneficiaries so your children do NOT get large $$$ at one time.. and many more features of Trusts which Clear Estate can draft ) Thanks again, Alex, and all your staff.

Alex Gautier, this video is so helpful, for those of us who have not completed a Will, and Powers of Attorney. The facts in your video make this problem quite real. Thanks for the excellent videos which ClearEstate provides. Toronto, Canada

What I don't understand is whether you can get a letter of testamentary, but still go the route of non-probate in california. It's a bit confusing to gather all the information from financial institutions who are demanding something before they allow you to even see the decedent's finances. Does an affidavit for distribution in the non-probate way give the executor the power to represent the decedent at the tax board, bank, etc?

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Excellent presentation. Very clearly explained. Thank you.

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Excellent information thanks for the memories.

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What happens when my dad puts me on his bank debit card and passed

SHORT & SWEET!!! THANK 😊 YOU...

My house is still titled in my deceased grandparents name. And the mortgage company just found out they were deceased Because I told them last year. So, Can I assume nothing at all has been done? No probate has been started?

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What are you? Are you a lawyer or are you practicing law without a license? Which is it?

Nice that the Affordable Care Act in USA now taxes estates.

Alex, another one of your excellent TH-cams in the series of informative help for your customers, and for reaching those who are moving toward becoming Clear Estate clients. This type of detail helps the public to learn that Clear Estate is the best planning service for them to use........ I look forward to your possibly 3 separate videos on (a) Inter Vivos Trusts (b) Testamentary Trusts and (c) the finances, debts, taxes and the CRA with Trusts. I assume Norm Eady might do that last video (c) since he seems to specialize in the finances of estates and trusts.

Alex, excellent videos you are providing... I hope you will do a series of 3 videos about Trusts: 1) Basics of forming Trusts, inter vivos and testamentary; titling them with a name to protect privacy; 21-year limitation rule and where they then go; cost to set up Trusts, and annual cost to maintain... then (2) More advanced: funding the Trusts; successor trustee; method to bring in next trustee; banks changing account names over to Trust name; cost of changing real estate into inter vivos Trust; benefits of Inter Vivos vs Testamentary Trusts; Family Trusts; conflicts if using 2 co-trustees; cost and risks of professional trustee; monthly or annual trust reports to all beneficiaries ... (3) Taxation of Trusts by Norm Eady; taxes on Trust income, or flow taxes to beneficiaries; Canada Revenue Agency scrutiny of Trusts ..... and all other Trust subjects which Alex Gautier and Norm Eady can think of ... good work Alex, your videos are excellent to market your company to the public, to gain more customers, and enlarge ClearEstate

Probate=Ontario government, lawyers wants their shares of the death people money.

If the will has no executor (only beneficiaries) mentioned will the probate required fees be hire?

Is there a way to protect the executor and estate from liability?

Ok.....but probate doesn't take years?? 2 to be specific? Asking...anyone lol

why the 'sing song' commentary?

I love the songs omg

Speed it up.

Incredibly helpful. Thank you!

Very informative. Thank you.