Death

Grieving

If you've recently lost a loved one, finances are probably the last thing you want to think about. Take the time to grieve, and be aware that you don't have to grieve alone. If you need more help and support than you're able to get from your immediate family and friends, there are counseling services available in most communities to help you through the grieving process. Simply consult the Yellow Pages or search your regional portal website for a counseling centre near you. If all else fails, contact your family doctor or any hospital for help.

Financial Planning for Survivors

After a loved one passes on, there are a number of issues to be resolved. If the deceased was a key provider, you may be worried about how the loss of income will affect you and your family. Is there life insurance? Who are the listed beneficiaries of RRSPs and RRIFs? What about jointly held property and other assets? If no beneficiaries are named, these assets may simply become part of the estate.

Estate Resolution

Hopefully the deceased has left a valid and up-to-date will and named an executor. If so, the most important first step is to contact the executor and notify them. If there is no will - or in the event that you've been named executor - contact a lawyer as soon as possible.

ExecutorEASE

Acting as an Executor can be a very tough job; many people who accept this role don’t fully understand all the duties, responsibilities and personal liabilities that come with it.  As a member of Radius Credit Union we are here to help you. To make this process easy for you, credit unions like Radius Credit Union have relied on Concentra Trust for nearly 60 years to deliver professional estate administration services throughout Canada.

What is Executor EASE?

Executor EASE is a flexible menu-based program designed to assist you in administering an estate. Through the program, Concentra Trust can provide you with cost-effective support, based on your unique needs, levels of experience and comfort.  Executors are free to choose the service(s) they need assistance with and maintain full control throughout the process.

How will Executor EASE benefit you?

If you don’t have the time, experience or desire to perform any one or several of the tasks associated with settling an estate, Executor EASE will benefit you. Services in our Executor EASE program are charged on an hourly basis versus a percentage of the probatable assets.  The competitively-priced hourly rate has been set so executors can compare our costs to other service providers. Concentra can help as little or as much as is needed. 

How can I access Executor EASE?

Drop into your local branch of Radius Credit Union to discuss Executor EASE with our staff or contact Concentra Trust directly:

1. Call 1-800-788-6311 ext 1888
2. Email executorease@concentrafinancial.ca

The following documents may provide you assistance with Estate Resolution:

Ask Us for Help

With the loss of a loved one, you may feel that you're alone. The fact is your community is full of people and organizations that offer help and support. All you need to do is ask. From executing a will to supporting non-profit organizations that counsel the bereaved, Radius Credit Union is here to help you find the resources that will help you through this difficult time.