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Can an Executor distribute the estate without a Clearance Certificate from the CRA?

estates executors Mar 07, 2018

A Clearance Certificate is a document that you receive from the Canada Revenue Agency that states that all the taxes owing on the estate have been paid.

The Executor should request this certificate to ensure that the estates taxes have been paid. The concern is that the Executor may distribute the estates property to the beneficiaries and then later discover that there are taxes owing. If taxes...

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Should I appoint more than one of my children as my executor?

estates executors Feb 28, 2018

Your Executor/Executrix* is the person that carries out the provisions of your will and settles your estate. It’s not an easy job, and it requires a significant investment of time, emotions and resources. You may think that sharing this responsibility among your children will make things easier for them, but that is not the case.

An Executor has to make firm decisions, sign off on...

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