Introduction to Being an Executor: Difference between revisions

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(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.
work. Probate is considered legal work and only A lawyer or notary public can help you if you need
 
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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