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Difference between revisions of "Ten Steps to Being an Executor"
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Ten Steps to Being an Executor (view source)
Revision as of 22:21, 21 March 2019
, 22:21, 21 March 2019→Prepare and file income tax returns
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If the deceased had assets or income in another country, you may need to file a foreign income tax return as well. | If the deceased had assets or income in another country, you may need to file a foreign income tax return as well. | ||
After the income tax is reported, assessed and paid, apply for a '''clearance certificate'''. For your own protection, you should have this certificate before you begin to distribute the estate. For more information, see the Canada Revenue Agency publication ''Preparing Returns for Deceased Persons'', available at [http://canada.ca/tax] or by calling 1-800-959-8281. | After the income tax is reported, assessed and paid, apply for a '''clearance certificate'''. For your own protection, you should have this certificate before you begin to distribute the estate. For more information, see the Canada Revenue Agency publication ''Preparing Returns for Deceased Persons'', available at [http://canada.ca/tax canada.ca/tax] or by calling 1-800-959-8281. | ||
== Step 9. Account to the beneficiaries == | == Step 9. Account to the beneficiaries == | ||