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Difference between revisions of "Introduction to Being an Executor"
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Introduction to Being an Executor (view source)
Revision as of 18:58, 29 May 2014
, 18:58, 29 May 2014no edit summary
(Created page with "{{DEMOWARNING}} {{Being an Executor TOC}} ==What is an Executor== An executor is the person named in a Will to carry out the directions contained in the Will. The executor i...") |
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===Should I get help from professionals?=== | ===Should I get help from professionals?=== | ||
Many executors do the work themselves. Others may hire a lawyer to do some or all of the lawyers can do it on behalf of an executor. Some executors may hire a lawyer to handle complex business matters and an accountant to prepare the final tax return. | Many executors do the work themselves. Others may hire a lawyer to do some or all of the work. Probate is considered legal work and only lawyers can do it on behalf of an executor. Some executors may hire a lawyer to handle complex business matters and an accountant to prepare the final tax return. | ||
to provide affidavits, a written oath that swears | A lawyer or notary public can help you if you need to provide affidavits, a written oath that swears the information you give is true. Professional fees are paid out of the estate. Ask beforehand about costs. | ||
the information you give is true. Professional | |||
fees are paid out of the estate. Ask beforehand | ===If the Will was made in another province, is it still valid?=== | ||
about costs. | |||
If someone dies in BC, but had a valid Will in another province, an executor may be able to act on the Will. The process may be more complicated. It is always a good idea to make a new Will when you move to another province. | |||
{{REVIEWED | reviewer = [[People's Law School]], 2014}} | |||
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