The Executor's Handbook: A Personal Representative's Guide to Estate Administration in Canada

Acting as the executor or administrator of an estate is a challenging and complex task, not only in an administrative sense but often in an emotional sense as well. With this responsibility comes the added risk of personal liability. The Executor's Handbook: A Personal Representative's Guide to Estate Administration in Canada is a concise yet comprehensive guide that explains the process of administering an estate. In easily understood language, this handbook will help guide the personal representative through the task of administering an estate. It offers helpful, practical advice on every aspect of estate administration, including funeral arrangements, letters probate and letters of administration, compiling an inventory of assets, paying the debts of the estate, income tax considerations, distribution of the estate, passing accounts and the personal representative's compensation. It will help you to understand your responsibilities, as well as the responsibilities of the professionals that will be assisting you in the administration of the estate. The handbook includes helpful checklists, form letters, taxation guides, and a glossary of legal terms.