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Can Someone Who is Tied up in Bankruptcy be Appointed as an Executor or Power of Attorney?
February 2nd, 2022 by Grant M. Driedger
When writing up a Will or Power of Attorney one needs to be careful that the person(s) being appointed are trustworthy and capable. There are also potential legal limitations if a person appointed has declared bankruptcy. Appointment of an Undischarged Bankrupt as Executor: The Trustee Act states, at section 9(1) that: The court may make an order appointing a new trustee either in substitution for, or… Read More »
