Difference between revisions of "Your Duties As Executor"
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Drew Jackson (talk | contribs) m (Drew Jackson moved page Your Duties As Executor (Script 178) to Your Duties As Executor (No. 178): align with new Dial-A-Law website) |
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{{ | {{REVIEWEDPLS | reviewer = [https://www.mclellanherbert.com/Our-Team.shtml Hugh McLellan], McLellan Herbert|date= October 2018}} {{Dial-A-Law TOC|expanded = wills}} | ||
{{Dial-A-Law TOC|expanded = wills}} | |||
As an executor, you’re in charge of looking after the will-maker’s affairs after they pass away. Before you accept to act as an executor, you should understand an executor’s duties. | As an executor, you’re in charge of looking after the will-maker’s affairs after they pass away. Before you accept to act as an executor, you should understand an executor’s duties. | ||
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[http://canlii.ca/t/52x69#sec60 The law] allows any child or spouse of the deceased to apply to the court to vary or change the will. There is a 180-day deadline, starting from the granting of probate, for applications to vary the will, plus 30 days to serve the executor with the claim (that is, give the claim to them). So you should wait at least 210 days from the grant of probate before distributing the assets of the estate. Or get consents and releases from each potential claimant. You are responsible if the assets go to the wrong people — you could be sued. | [http://canlii.ca/t/52x69#sec60 The law] allows any child or spouse of the deceased to apply to the court to vary or change the will. There is a 180-day deadline, starting from the granting of probate, for applications to vary the will, plus 30 days to serve the executor with the claim (that is, give the claim to them). So you should wait at least 210 days from the grant of probate before distributing the assets of the estate. Or get consents and releases from each potential claimant. You are responsible if the assets go to the wrong people — you could be sued. | ||
Our information on [[ | Our information on [[Challenging a Will (No. 179)|challenging a will (no. 179)]] explains wills variations claims in more detail. | ||
===Pay your expenses and fees and distribute the estate to the beneficiaries=== | ===Pay your expenses and fees and distribute the estate to the beneficiaries=== | ||
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:Web: [https://www2.gov.bc.ca/gov/content/family-social-supports/seniors/financial-legal-matters/wills-and-estate-planning gov.bc.ca] | :Web: [https://www2.gov.bc.ca/gov/content/family-social-supports/seniors/financial-legal-matters/wills-and-estate-planning gov.bc.ca] | ||
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