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Difference between revisions of "Duties of a Personal Representative (16:XII)"
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Duties of a Personal Representative (16:XII) (view source)
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Section 99 of the ''Trustee Act'', RSBC 1996, c 464 sets out the procedure for the passing of the trustee’s accounts. Absent written and approved consent by all beneficiaries or a court order, an executor, administrator, and trustee under a will and judicial trustee must, within two years of the grant of probate or grant of administration or within two years from the date of appointment, pass their accounts. This is often the process by which an executor, administrator and trustee will have their fees approved. | Section 99 of the ''Trustee Act'', RSBC 1996, c 464 sets out the procedure for the passing of the trustee’s accounts. Absent written and approved consent by all beneficiaries or a court order, an executor, administrator, and trustee under a will and judicial trustee must, within two years of the grant of probate or grant of administration or within two years from the date of appointment, pass their accounts. This is often the process by which an executor, administrator and trustee will have their fees approved. | ||
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