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BMO: Boomers Underestimate Role of Estate Executor

November 09, 2011

- Family trumps friends as executors (85 per cent and 7 per cent): spouses are most often appointed (40 per cent) and only one per cent have appointed a trust company as the executor of their own will- Only 35 per cent of Canadian Boomers would seek the assistance of a professional if appointed as an executor- Almost half of Canadian Boomers appointed as executor have experienced administrative complications

Source URL: http://www.marketwire.com/mw/release.do?id=1584245&sourceType=3
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