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Difference between revisions of "Next Steps to Take After the Death"
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Next Steps to Take After the Death (view source)
Revision as of 06:35, 25 January 2017
, 06:35, 25 January 2017no edit summary
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If the deceased left a will, the '''executor''' named in the will is responsible for settling the estate of the deceased. Settling the estate involves locating the property owned by the deceased, paying any debts, the funeral costs and taxes, and then distributing the estate according to the instructions in the will. If the loved one died without a will, a person must apply to court for permission to settle the estate. | If the deceased left a will, the '''executor''' named in the will is responsible for settling the estate of the deceased. Settling the estate involves locating the property owned by the deceased, paying any debts, the funeral costs and taxes, and then distributing the estate according to the instructions in the will. If the loved one died without a will, a person must apply to court for permission to settle the estate. | ||
The People’s Law School publication | The People’s Law School publication ''Being an Executor'' covers the steps involved in British Columbia in dealing with an estate after a person dies. | ||
===Locating the will=== | ===Locating the will=== | ||
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===Safeguarding the deceased’s property=== | ===Safeguarding the deceased’s property=== | ||
The executor named in the will is responsible for protecting the assets until the estate is ready to be distributed. If an executor is not involved, those close to the deceased can help protect the assets. | The executor named in the will is responsible for protecting the '''assets''' until the estate is ready to be distributed. If an executor is not involved, those close to the deceased can help protect the assets. | ||
For example: | For example: | ||