The responsibility for filing for probate of a deceased person's estate can sometimes be burdensome, especially when the estate is large or complex.
Despite the best intentions, not all probates proceed smoothly. If you are responsible for probating and administering an estate, you might run into some of these typical problems.
At some point during the probate of an estate, the estate's personal representative ceases to act as the executor and becomes the estate's trustee. This usually happens once all of the personal representative's duties have been met.
If you are in charge of probating an estate, it can be confusing trying to remember to cross every "t" and dot every "i." But yet it must be done correctly or you could face financial and legal liabilities for being remiss in your duties. Below are some important tasks to check off of your list.
If you are involved in the probate of a will, below are some definitions and interpretations as set forth in the Wills, Estates and Succession Act that took effect in British Columbia in 2014.
During the recent overhaul of British Columbia's estate planning laws, the legislature implemented some major changes with the Wills, Estates and Succession Act.