Trustee Duties

Trustee duties are carried out by a Trustee that has been appointed as an administer of a trust. They are personally liable should anything go astray with the execution of a trust.

Executor Duties on Demand helps you simplify your Trustee Duties.  We assist you in administering your trust duties fairly and accurately. You can use your current professionals and combine them with our team of trust professionals including: Trust and Estate practitioners, trust tax specialists and trust and estate lawyers.

You can also use our trust accounting services for passing of accounts format paperwork preparation for the courts if required.

How Are Trustee’s Appointed?

Trustee Duties are carried out by a Trustee legally appointed in the deceased person’s Last Will or under a Trust Deed, depending on whether it is a Testamentary or an Inter-Vivos Trust.

It is important that you choose wisely, as an Trustee can be subject to personal liability risk and the possibility of legal action for inappropriate handling of a trust, therefore it is imperative that Trustee’s are fully informed of their required Trustee Duties.

How Many Forms of Trusts Are There?

There are many forms of trusts, however, they fall into one of two categories: Testamentary Trusts or Inter-vivos Trusts.

A testamentary trust is a trust created out of a person’s will. The terms of the trust are outlined in the Will and governed by provincial or territorial laws.

An Inter-vivos trust is a trust created during a person’s lifetime, expressly through a legal deed of trust.

How Can You Benefit From Executor Duties On Demand Services?

It is important that a Trustee use whatever resources they need to ensure the affairs of the Trust are handled properly.

Executor Duties On Demand can assist Trustee’s in all areas of administering a trust including the following:

  • Professional Accountants to help prepare taxes
  • Estate Lawyers for legal needs
  • Investment Advisors
  • Professional Trustee Services

We can help you make the right decisions and simplify your Trustee Duties. You can keep your current advisors as we simply complement your existing professional team, or you can add the assistance of our professional team.

Our team is comprised of chartered accountants, tax specialists, trust and estate lawyers, and estate trustees who will ensure you have the right information and that you are correctly fulfilling your responsibilities.

We can do as much or as little as you wish, an hour, a day, or a month at a time. We charge by the hour, so we are able to assist you, regardless of the trust size. You also only pay for the actual work that is performed.

What Sets Us Apart From Our Competition?

Executor Duties On Demand sets itself apart from other companies in that we are a full service solution provider for all your Trustee Duties on an hourly basis.

You benefit from all of the following:

  • You choose the level of service you want  at low affordable hourly rates
  • All size trusts are eligible for assistance
  • You can use our Trust and Estate Professionals to compliment your current advisors
  • You make all final decisions while we do all of the leg-work
  • Your financial records can be put into court approved Passing Form
  • You benefit from our up-to-date estate law and tax knowledge minimizing your personal liability

What Past Clients Think About Our Services

“Michele Follows is a delight to work with!

Her professionalism and extensive knowledge is only enhanced by her warm, people centric personality.

She is always quick to respond and go the extra mile for her clients!

I happily recommend her to anyone!”

Claire Lennon, Room Utopia Interiors
“I have known Michele for 20 years. Her enthusiasm, communication skills and professional demeanor were apparent prior to hiring her three years ago to assist my sister and I with our estate trustee responsibilities as named executors in my mother’s will.

We anticipated working without executor assistance, however, executing the will was more complicated than we originally expected.

Michele consistently affirmed our trust in her management of our estate trustee issues.

Michele is reliable, dedicated, and eternally upbeat with an ability to calm us with efficient and effective issue resolution suggestions.

Michele shared a wealth of relevant experience on estate trustee planning with timely meetings and written reports with accurate and thorough document preparation and filings.

Of particular value to us was the quality of professionals that were important components of Michele’s estate trustee management network.

Michele’s coordinated the involvement of these selected professionals that play an important role in estate planning such as lawyers, accountants, and investment advisors with relevant experience.

Michele provided a vital service to us with unmeasurable value to my mother’s estate at minimal cost.

Michele is a hardworking and top-performing estate trustee professional. She has my highest recommendation, and I am happy to furnish more details if you would like additional information.”

Stephen Groom, DVM, PhD, DACVP