Is there a time when probate can be beneficial? Richard Niedermayer, TEP, discusses
Partner Richard Niedermayer, TEP, is featured in the Society of Trust and Estate Practitioners Canada newsletter, STEP Inside, where he discusses whether probate can be the right choice in certain situations.
Richard outlines some reasons why probate might be avoided generally, as it can cause delays in asset transfers to beneficiaries, complicate the succession process and comes with additional fees and taxes. Through all discussions, Richard notes that the main question that should be asked is if measures can be put in place to protect privacy without probate: “the challenge for estate and trust planners is to ensure that client and beneficiary interests are safeguarded sufficiently when probate is not being sought.”
During a Society of Trust and Estate Practitioners Ottawa branch meeting Wednesday, January 16, Halifax partner Richard Niedermayer, TEP, will help to answer some questions surrounding various trusts and estates matters. He will join an…Read More
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Halifax partner Richard Niedermayer, TEP, has written an article in the October 2018 Society of Trust and Estate Practitioners (“STEP”) Canada newsletter, reviewing some unique estate planning and administration issues addressed at this year’s STEP conference. In…Read More