![]() Home and property information, such as the vehicle registration, any lease or rental agreements, deeds and titles, etc.Legal information, such as the legal last will and testament, a list of assets, the marriage license, etc.You want to locate documents that relate the following information: The process of settling an estate usually starts with locating important documents, assets, property, and information about the deceased. This entails selling property and/or businesses (if necessary), filing final tax returns and communicating with heirs and beneficiaries. ![]() In addition, the role includes distributing assets to beneficiaries. An executor of a will carries many responsibilities, including organizing funeral and burial wishes, panging off estate debts or advertising for creditors (to collect any debt that’s owed). This person is typically a relative or friend - for example, a spouse or sibling. This checklist will ensure you are completing the necessary tasks and your responsibilities.ĭownload our Checklist For Settling An Estate here → What Are The Responsibilities Of An Executor Of A Will In Canada?Īn executor of an estate is the person chosen by the testator to help execute the wishes outlined in their will. We’ve partnered with the estate settlement experts at Cadence to put together a checklist for executors. In this post, you will find out about the different responsibilities of the executor in Canada. Don’t sweat it! Looking after a will is actually unfamiliar to most people. ![]() When beginning your role as an executor, it is easy to feel overwhelmed. ![]() You’ve been named executor of your loved one’s will, but now what? What happens when your loved one passes? You may be honoured to have received this role, but do you know about the responsibilities it entails? ![]()
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