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Queensway Carleton Hospital46:24
Being an Executor: Look Before You Leap
A comprehensive public education session on the legal duties, fiduciary obligations, and practical realities of serving as an estate trustee (executor) in Ontario. Covers the full lifecycle of estate administration — from the moment of appointment through to final distribution — with a live Q&A on real-life scenarios.
Chapters
0:00Introduction1:28What You'll Learn1:50What Is an Estate Trustee in Ontario?3:57Core Legal Duties & Fiduciary Obligations7:59The Practical Steps: What Does an Estate Trustee Actually Do?10:25How Much Work Is It, Really?14:24Record-Keeping Requirements16:30Compensation19:30Choosing an Estate Trustee22:48What If They (or You) Don't Want the Role?25:44Common Mistakes & Pitfalls: 4 Types of Executors30:38Estate Litigation Risks32:23When to Get Professional Help32:45Q&A: Real-Life Scenarios