I Am the Executor or Administrator of an Estate: Difference between revisions
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I Am the Executor or Administrator of an Estate (view source)
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{{Template:Legal Help Guide TOC}}If a person dies with a will, they normally appoint an ''executor'' to pay their debts and protect and distribute their property. | {{Template:Legal Help Guide TOC}} | ||
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| text = '''Alert:''' Extensive changes to the law in BC relating to estates are coming into force on March 31, 2014. The Ministry of Justice provides answers to [http://www.ag.gov.bc.ca/legislation/wills-estates-succession-act/qa.htm common questions on the new law], called the ''Wills, Estates and Succession Act'' (WESA). | |||
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If a person dies with a will, they normally appoint an ''executor'' to pay their debts and protect and distribute their property. | |||
If a person dies ''intestate'' (without a will), someone — usually a family member — has to apply to be the ''administrator'' of the estate. This administrator then distributes the estate to the next-of-kin according to rules in the ''Estate Administration Act''. | If a person dies ''intestate'' (without a will), someone — usually a family member — has to apply to be the ''administrator'' of the estate. This administrator then distributes the estate to the next-of-kin according to rules in the ''Estate Administration Act''. |