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The executor of an estate has numerous duties, though many people may assume it is just a matter of probating the will and distributing the assets. While those are the two main tasks of estate
At no time during the life of a man or woman in British Columbia is that person happy to pay their taxes. Imagine the surprise of discovering one is responsible for the taxes of another
The intent of the 2014 Wills, Estates and Succession Act was to modernize estate law in the province while also making the probate process easier for the public. Probate is needed as per the policies
Congratulations, you’ve been named as executor of your late friend’s or family member’s estate. It may seem a dubious honour, but it means that the person trusted you a great deal. As such, it’s important
When a death occurs without warning, the family members are in a state of shock. But decisions still must be made, and often it falls to the executor of the person’s estate to make them
If you are the executor of someone’s estate, it’s incumbent upon you to preserve and protect the assets that now belong to the estate. Sometimes this is relatively simple, such as locking up the decedent’s
Being named as executor of an estate is a solemn responsibility. While it may be a source of some pride to be named to such an important position, many would-be executors are understandably daunted by
There are many responsibilities suddenly heaped upon the executor after a person dies. The order in which these responsibilities need to be handled is not always readily apparent. However, one of the very first tasks
When acting as executor of a decedent’s estate, you have a duty to be an earnest steward of their assets until all are disbursed to the beneficiaries and heirs. Sometimes, through no fault of the
Very few executors are surprised to find out they were named to the position, having typically been informed during the estate planning stages. Given the prior knowledge of the eventual responsibility, it might not be
