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Email this1:06 pm
February 7, 2019
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I was presented with a number of ads for the "The Canadian Estate Kit". Has a one heard of it or used it? Is it worthwhile. Are there alternatives?
Thank you...
| CGO |
1:30 pm
January 12, 2019
Online
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There's Lots of good sources out there (too many to list) ... covering the subjects of Wills, to Estate Directories.
Because of the different approaches, most people end up using more than one source.
Cheers & Good Hunting!
- Dean
" Live Long, Healthy ... And Prosper ! "
1:48 pm
October 27, 2013
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Agree there are many sources for this information. Trust companies, legal websites, provincial government websites, etc. but I suppose if one wishes to simplify it into specific 'kits' then Google is your friend to start investigating options. The question is whether you can determine any such kit you buy is complete.
If such a kit does not also cover digital wills and navigating someone's digital footprint, then it is not complete.
For example, if you are Executor of someone's estate, do you know their Master Password to all their digital accounts (password manager or otherwise), boot up password to their computer, PIN for their phone to handle 2FA verification, etc. If a kit doesn't include sections/questions on these items, it is not complete.
4:54 pm
September 11, 2013
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If you're an executor are you allowed to use someone else's (the deceased's) passwords, phone, etc to essentially pretend you're the deceased to conduct estate-related activity?
I assumed you need to go to the fi, give them proof of death and then when they're happy they're dealing with the legal executor they'll set you up to do what you have to do as executor with the accounts at that fi.
5:25 pm
October 27, 2013
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Bill said
If you're an executor are you allowed to use someone else's (the deceased's) passwords, phone, etc to essentially pretend you're the deceased to conduct estate-related activity?I assumed you need to go to the fi, give them proof of death and then when they're happy they're dealing with the legal executor they'll set you up to do what you have to do as executor with the accounts at that fi.
No, one needs to get the proper credentials for the deceased's legal and financial affairs in the normal estate administration process, BUT using the deceased's credentials is often the only way to get rid of digital footprints like social media accounts, online shopping accounts, etc.
In this modern age, individuals can have a digital footprint of 100 or 200 online accounts (I likely have about 150 of them myself) that there is no easy way to eliminate them other than assuming that identity. Hence why some online information available isn't really all that complete without addressing it.
9:39 pm
April 6, 2013
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I'd be wary of paying $49, $79, or $129 for a how-to guide for settling an estate. That kit doesn't include the will.
There are lots of free guides and checklists around from reputable sources like Royal Trust:
Executor/liquidator kit for settling an estate.
Executor/liquidator checklist & kits
6:05 am
February 7, 2019
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Thank you all for your comments ...
| CGO |
8:56 am
September 11, 2013
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AltaRed, I was referring to login id and passwords to online banking only. No-one knows mine (well, my spouse does) so when I die there will be no access to my accounts using those.
I don't believe executor duties include erasing the deceased's digital footprint, or do they now? Lots of people die every day, and no-one's out there making sure their online presence is wiped out. And for good reason, who cares?
