What to know before agreeing to be an executor of a will

Globe & Mail
July 13, 2022.

Being named as the executor of a will is often seen as an honour, but advisors and legal experts say it’s very important for clients to understand the responsibilities and risks before saying “yes.”

While being named as an executor of a will can feel like an honour, it’s critical to understand the breadth of responsibility and risk involved before saying “yes”. Sylvia Azoulay, Vice President, Tax and Estate Planning and Alexandra Horwood, Portfolio Manager, Investment Advisor at Richardson Wealth spoke with Globe Advisor to offer clients items to be on the lookout for and questions to ask yourself before agreeing to be an executor of a will.

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