Peace of Mind is Finally Affordable for All Canadians
The biggest decision of any estate plan is choosing who will act as executor. Most people choose to name a family member, like a spouse, sibling, or an adult child, to take on this important role when the time comes. Being named as an executor is a great honour, but it is a heavy burden for anyone who is grieving.
The responsibilities of an executor can be very bureaucratic, difficult, and time-consuming, which is not a great combination in the best of times, let alone during a period of grief. An executor must navigate probate, take inventory of the estate, settle debts, distribute assets, and deal with lawyers and accountants, often without any prior experience or guidance. The process becomes exponentially more complicated when there are tense family dynamics.
If your named executor is a busy professional, a parent of young children, travels frequently, or is experiencing health issues (just to name a few scenarios), adding the burden of settling an estate to their plate can be extremely disruptive to their lives. But for many families, the alternative—hiring a professional, such as a lawyer or a professional executor—has always been frustratingly out of reach. Until now.
Hiring a professional executor alleviates many of the burdens placed on loved ones. They act as a neutral, third party expert, which is ideal if there are any potential contentious issues between beneficiaries. They also have the legal and financial know-how to navigate probate quickly and to efficiently settle your loved one’s estate. All told, hiring a professional will spare the family a good deal of stress while saving your estate thousands of dollars in fees.
But hiring a traditional trust office to act as executor of an estate is often prohibitively expensive for the average person. Furthermore, these exclusive services are normally reserved for very high net worth individuals, with many firms refusing to accept clients whose wealth doesn’t match their minimum requirements. ClearEstate has changed this.
In addition to our full suite of estate planning and estate settlement services, ClearEstate is now making trust services accessible and affordable for all Canadians by offering trust services at a fraction of the cost of traditional trust offices or banks.
What does this mean for you?
It means you can take the burden of estate settlement off the shoulders of your loved ones. It means that family members can be spared the hours of work and the intense stress of settling your estate, and instead trust a seasoned professional to take on the task. And because ClearEstate has a fiduciary duty towards its clients, it means that you and your family can rest assured that ClearEstate will only ever be acting in your best interest, no matter the size of your estate.
Our estate professionals are backed by state-of-the-art technology that automates repetitive tasks, saving hours of time and effort. This means we’re able to keep our fees low – we’re talking one-third the cost of traditional banks and trust offices.
Think of ClearEstate as a 21st-century trust office, making trust services accessible to everyone and setting the standard for modern, accessible estate planning.
If you want to learn more about our professional executor services, we invite you to book a free, no-obligation consultation with an estate professional from our team.
Click here or call 1-866-994-3695 to learn how we can help.