If you have been appointed as an estate trustee (executor), you are responsible for the efficient administration of a person’s estate, likely someone you loved. We are here to assist you with every step.
“Estate administration” includes taking care of the affairs of a deceased person from the date of their death until the assets of their estate have been distributed to the beneficiaries in accordance with the deceased’s Will or Succession Law Reform Act.
The estate trustee (executor) is the person responsible for administering an estate. There can be more than one. For instance, a parent might appoint their adult children to act together as joint estate trustees, in which case the kids will share the duties.
Often, estates need to be probated. Probate is a court procedure which ultimately certifes the validity of a Will and appointment of the estate trustee. Once an estate has been probated, the estate trustee is formally authorized to deal with the deceased’s affairs but with this authority comes many legal obligations. Depending on the size and complexity of the estate, being an estate trustee can be a difficult and time-consuming job.
Completing your estate trustee duties in accordance with the law is important. If you are careless about your duties, you may be personally liable for errors, omissions, and negligence. In other words, you may have to pay out of pocket for errors which result in damage to the beneficiaries.
All to say, estate trustees often need legal advice.
We assist estate trustees with whatever legal advice and services they require from answering questions, to probate applications, to complete estate administration. Whatever you need help with.
Estate Administration at Scharf Estate Law
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