At Estate Connection, your legacy will always be protected.
Decisions pertaining to Executorship can be difficult. On one hand, the testator must appoint an individual to administer their estate, and on the other hand, the appointee must accept the role. If you are a testator looking for a neutral and unbiased Executor, you have no close relatives, or you simply prefer to have a dependable team of lawyers handle your estate, our office is here to help. Alternatively, if you have been appointed as the Executor of an estate and are looking for guidance on how to properly fulfill your duties and obligations, our office can act as your helping right hand.
Who is an Executor?
What are the responsibilities of an Executor?
We assist Executors with various duties and responsibilities, including but not limited to the following:
Appoint EC as your Executor
The Executor that you choose to appoint in your Will should be somebody that you trust to carry out your posthumous affairs – but that does not necessarily mean that you need to appoint a family member. In fact, you may prefer to hire a Professional Executor to handle your estate.
What is the benefit of appointing EC as Executor?
What is the cost?
How long does it take to deal with an estate?
In Alberta, there is a common-law rule of thumb that an executor has one year from the date of death to complete their administration of an estate. This means that they have 365 days to collect in estate assets, pay estate debts and liabilities, and distribute the residue in accordance with the terms of the Will. Sometimes, this rule of thumb is followed and an executor successfully completes all of their duties within one year. Other times, and generally when the estate is more complex, the administration can take far longer.