Our society’s understanding of marriage, relationships, and children has changed over the years. This is reflected by the law in many ways, such as through child and spousal support laws, or gay marriage for example. However, just because the times have changed does not mean that past actions have necessarily changed with them. Take for … Continued
Toronto lawyers handling objections to accounts and advising on contested passing of accounts
A beneficiary has a right to know how an estate’s assets are being managed, and to review any payments made and received on behalf of the estate. Trustees must therefore keep careful records of all estate income and expenditures on behalf of the beneficiaries. A trustee may be asked by an estate beneficiary at any time to have their accounting reviewed by the court for approval in a “passing of accounts.”
In some cases, beneficiaries may take issue with the way an estate has been managed by a trustee. If a beneficiary reviewing the accounts disagrees with the way an estate has been managed, or objects to the fees claimed by the trustee, they can file a formal objection with the court in order to obtain a review of the estate accounts. This triggers a process of formal hearings before a judge.
Legal advice for estate trustees and executors facing a contentious passing of accounts
At Eisen Law, we are a boutique firm focused solely on estate and trust litigation matters. We have experience guiding trustees through objections and challenges to a passing of accounts, and in representing them at court proceedings. Our lawyers also provide representation at mandatory mediation in Toronto.
If you are an executor or trustee, and are facing an objection to proposed accounts or executor’s compensation, we can offer the expert guidance you need. Our estates lawyers act regularly on behalf of estate trustees facing a contested passing of accounts, providing clear and timely advice to address any issues as soon as they arise, and prevent problems from escalating.
Knowledgeable Toronto estates lawyers for every stage of the passing of accounts process
Even if objections have not arisen, having the estate litigation team at Eisen Law handle your passing of accounts from the beginning can help avoid any objections before they arise. We can assist at any stage of the process to prepare, review and file documents, regardless of how simple or complex your accounts may be.
We offer free initial consultations to review your matter and determine the best course of action for your needs. Call us at 416-591-9997 or contact us online if you have questions about an opposed passing of accounts.
Estates & Trusts
Advocating for Both Estate Trustees and Beneficiaries in Estates
Providing the Management of Care for Those Who Can’t Care for Themselves
Powers of Attorney
Ensuring Proper Care and Governance for Your Loved Ones
Navigating you through all your options, legal rights and obligations
Probate & Estate Administration
Assisting with carrying out duties for executors
Mediation Can Dramatically Reduce Time, Cost, and Stress
Eisen Law provides the experience, expertise and compassion needed to navigate through a difficult journey.
Questions? Send us an email
Latest news and posts from the Eisen Law blog
When disputes over trusts arise, they can leave those involved with a mix of stressful emotions and decisions to make. Family dynamics can also be difficult to manage, and with the combination of emotions, as well as money and estate protection, it’s important to have solid legal advice when navigating such disputes. It’s often easy … Continued
Please be advised that in an effort to protect our staff, clients and the general public, our lawyers and staff have begun to work remotely from home, to limit the spread of this virus. We remain operational and we will do our best to ensure that your matter is managed in the best possible manner. … Continued