How executors get paid in Canada + MORE May 11th

Two new Amex Offers from Allen Edmonds and Kitchen Stuff Plus and a reminder to join us at the Mega Event loyalty industry conference in Calgary next month! Check out today’s points & miles updates here:
The post RWRDS Daily Update – May 10, 2024: Two new Amex Offers and join us at the Mega Event in Calgary appeared first on Rewards Canada.

In Canada, the role of an executor in administering a deceased person’s estate is both significant and complex. Executors play a crucial role in settling an estate, which involves tasks such as distributing assets, paying off debts and ensuring the deceased’s final wishes are carried out. In return for their efforts, executors are entitled to claim for compensation. However, the rules regarding executor compensation vary across provinces, and there are distinct benefits and pitfalls associated with this compensation.  

What is an executor?
An executor is a person named in your will who will be responsible, after you die, for making sure that your assets are distributed according to your wishes and that your estate is settled properly. This includes a wide range of activities, from filing a final tax return and cancelling your credit cards to giving away your jewellery or collectibles, and selling your home and investments.

Read the full definition of executor in the MoneySense Glossary…

This week we look at the much awaited transfer bonus from RBC Avion Rewards to British Airways Executive Club, a new welcome bonus for the Triangle Mastercards and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of discussion: 30% […]
The post This Week in RWRDS: May 4 – 10, 2024 appeared first on Rewards Canada.

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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As I mentioned in This Week in RWRDS on May 3, the current increased welcome bonuses on the TD Aeroplan Visa Infinite Card, TD Aeroplan Visa Infinite Privilege Card and TD First Class Travel Visa Infinite Card will be ending soon. If you have been considering one of these three cards we recommend applying for […]
The post Ending soon: Increased welcome bonus offers on TD Aeroplan and First Class Travel Visa cards appeared first on Rewards Canada.