Wow, that's quite a responsibility you've taken on sis! It’s no small feat to be entrusted with managing someone's estate, and it's understandable that others see you as a go-to expert. Your knowledge of budgeting and Canadian Tax laws certainly puts you in a great position to offer valuable advice.
Charging a stipend for your services isn’t necessarily in bad taste. Executors often receive compensation for their time and effort, as the role can be quite demanding. In Canada, executors are legally entitled to a reasonable fee, usually set as a percentage of the estate’s value.
If you feel comfortable discussing it with your relatives and friends, you might explain that while you're happy to help, the role is time-consuming and complex, and a small fee could help cover the costs of your time and effort.
In the meantime, you could also consider formalizing your knowledge. There are courses and certifications in estate planning that might bolster your reputation even further, and help you manage these responsibilities more smoothly.
Much !LUV always, sis!
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Thanks for you words support Sis.
It is a nice option to pursue going into my post working days on a case by case basis and supplement an early retirement. Until then I still have some trade training on my Bank's Trading platform and reconfigure my portfolios into where I will want it to be.
I still have some finishing touches to Deb's estate, My Mom's estate still has some issues to deal with.
Always, with !LUV 🤗🌺❤️
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You have a lot going on, but you're handling it like a champ. Preparing for early retirement while wrapping up estate matters and training on your bank’s trading platform is a lot to juggle, but you've got this.
If you need any tips, ideas, or just a bit of motivation, I'm here for you. Keep pushing forward—you're doing great, sis!
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