Your Executor's Spouse Abouts - PowerPoint PPT Presentation

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Your Executor's Spouse Abouts

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A concern about the executor’s spouse is often based on a conceptual misunderstanding about what you’re doing when you appoint someone to be your executor. If things gets hard on your part try consulting to the expert; Calgary Legal Wills Lawyer| Russ Weninger. You can also reach him through his website: calgarylegalwills.com. – PowerPoint PPT presentation

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Title: Your Executor's Spouse Abouts


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YOUR EXECUTORS SPOUSEBy Russ WeningerCalgary
Legal Wills Lawyer
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The executors job is to deal with property. The
legal powers of the executor are not meant to be
shared with the executors significant other. 
3
You are not giving your assets to your executor
you are simply entrusting that person to
distribute your assets as you have indicated.As
such, the executors spouse has no ownership
interest in, and no legal right to, your property.
4
However, if your would-be executors spouse has a
history of theft or fraud, a debilitating
gambling problem, a tendency towards domestic
violence, or a severe drug addiction that has led
to money problems, then that may in fact be a
reason to pick a different executor.
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It wouldnt be a case of not trusting your
executor, but a reasonable fear that your
executors spouse would steal funds the estate,
for example, by having access to your executors
bank records, cheque book, etc.
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If your executor is trustworthy, and is willing
to assume the responsibility of administering
your estate, then thats probably all that really
matters.
7
Would this person provide a safe and loving home
for your children? If the answer is yes, then a
minor personality quirk or two may not be
deal-breaker.
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WANT TO KNOW MORE?CALL 403-265-4496OR
VISIThttp//www.calgarylegalwills.com
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