Sentences with phrase «passing of accounts»

If objections do arise, our lawyers have extensive experience handling contested passing of accounts matters on behalf of both trustees and beneficiaries.

Before you begin a complicated passing of accounts, reach out to our experienced lawyers.

Diane's practice areas include will challenges, guardianship applications, power of attorney proceedings, passing of accounts applications, administrations of complex estates, and dependant support claims.

In the recently released endorsement, In the Estate of Norma Baer, the Court grappled with a contested passing of accounts in the face of an admitted breach of fiduciary duty by the estate trustees.

In a recent passing of accounts case, the court reduced the estate trustee's compensation for the following reasons: — No compensation should be charged on investment losses listed as capital disbursements; — The costs connected to the sale of real property (real estate commission, property taxes, and legal fees) are not to be included when... read more

Because there are a number of ways that a client could be paying for account management, the details of what happens following the unfortunate passing of an account owner are too numerous to include in this FAQ.

Given the modest value of the estate, the Honourable Justice Corthorn ordered Sheila and Kevin to provide an accounting to the Court, and the Court would then determine whether a full passing of accounts would be required and whether the proposed substitution of Sheila and Kevin as estate trustees was appropriate.

Call us at 416-591-9997 or contact us online if you have questions about an opposed passing of accounts.

At Eisen Law, our knowledgeable and experienced lawyers can help you understand the technical and complex process of passing of accounts and ensure that the estate in question is in order.

Diane continues her estate litigation practice which includes will challenges, power of attorney proceedings, and passing of accounts applications.

Our estates lawyers act regularly on behalf of estate trustees facing a contested passing of accounts, providing clear and timely advice to address any issues as soon as they arise, and prevent problems from escalating.

She also practices estate litigation (Will challenges, power of attorney disputes, passing of accounts, and guardianship applications).

Undertaking a passing of accounts is very technical, and must follow the correct procedure and format in order to be approved.

The original action was brought by the children of the deceased against their mother's estate trustees, seeking the removal of the estate trustees, an order requiring a passing of accounts and that the estate trustees repay amounts that the beneficiaries said were improperly taken out of the estate.

The passing of accounts is a formal process by which an estate trustee or other personal representative presents their accounts and records in a court - approved format for judicial approval.

At any time, an estate beneficiary can request the trustee to complete a passing of accounts.

We will be prepared to assist in cases where a passing of accounts is contested unexpectedly.

A trustee may be asked by an estate beneficiary at any time to have their accounting reviewed by the court for approval in a «passing of accounts.»

We have experience guiding trustees through objections and challenges to a passing of accounts, and in representing them at court proceedings.

Even if objections have not arisen, having the estate litigation team at Eisen Law handle your passing of accounts from the beginning can help avoid any objections before they arise.

However, if the trustee and beneficiaries are unable to reach an agreement on the issues raised in a passing of accounts application, the application will be argued before a judge.

A passing of accounts is like a court audit of the trustee's accounts.

Once the beneficiaries are served with the passing of accounts application, they have the opportunity to raise «objections» to the accounts.

We have assisted clients on a range of disputes, including contested wills, trust and will interpretation, passing of accounts, variations and terminations of trusts, dependent's support and family patrimony claims, solicitor's negligence claims and capacity disputes.

Math often comes into play in an estates litigation practice, particularly in the context of a contested passing of accounts.

On the passing of accounts, however, there was still some dispute about what expenses the estate trustees should bear personally as a consequence of their breach.

Erudite law LLP can guide you through this difficult time and assist you with your application to be appointed as Estate Trustee (with or without a Will), Administrating the Estate, and performing the passing of the accounts.

His experience extends to litigating estate disputes, including will challenges and interpretation applications, guardianship applications, passing of accounts, dependents» relief claims, and other proceedings that involve estates.

Our Wills and Estates group provides comprehensive advice with Wills, Powers of Attorney, guardianship matters, trusts and asset protection planning, charitable giving, recreational properties, estate administration, disputes, bequests, estate tax, passing of accounts and many more.

His expertise involves challenges and interpretation of wills, contested passing of accounts, claims for support by dependants, and disputes relating to breaches of fiduciary duties.

We assist estate trustees (executors) with estate and trust administration, including the preparation and passing of accounts.