The Executor is the individual named in the will or appointed by court, whose role is to carry out the directions of the deceased person’s will.
If there is no will, then the court-appointed Executor is responsible for administering the deceased person’s estate. The Executor’s role can be a complex and difficult role. The Executor’s responsibilities will vary. Some examples of Executor’s responsibilities include:
- locating the deceased person’s assets and debts;
- making funeral arrangements;
- obtaining a Grant of Probate or Grant of Administration;
- managing the assets and paying the deceased’s bills;
- preparing and submitting the deceased person’s taxes;
- establishing and or maintaining trusts;
- distributing the remaining money and property, etc.
The responsibilities of the executor can take considerable time, effort and expertise to deal with the deceased person’s affairs. To help with navigating the complex role of Executor, Executor’s are permitted to hire professionals, such as a lawyer to assist.
If you need assistance with carrying out your role as Executor, we welcome you to contact our office at 780-469-0494 or email us directly at reception@edmontonlaw.ca.