Choosing an Executor: Difference between revisions
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{{REVIEWEDPLS | reviewer = [[People's Law School]] |date= 2014}} | {{REVIEWEDPLS | reviewer = [[People's Law School]] |date= 2014}} | ||
{{Writing Your Will TOC}} | {{Writing Your Will TOC}} | ||
Your '''executor''' is the person you name to carry out the instructions in your will. They are responsible for settling your affairs. This usually involves paying any outstanding debts, applying for the Canada Pension Plan death benefit, selling some assets, preparing the final tax return, and distributing the estate. How much time this takes depends on how complicated your affairs are. | |||
Your executor is the person you name to carry out the instructions in your will. They are responsible for settling your affairs. This usually involves paying any outstanding debts, applying for the Canada Pension Plan death benefit, selling some assets, preparing the final tax return, and distributing the estate. How much time this takes depends on how complicated your affairs are. | |||
Your executor may need to get a document from the British Columbia Supreme Court called a grant of probate. | Your executor may need to get a document from the British Columbia Supreme Court called a grant of probate. | ||
