Being named an executor comes with important legal and financial responsibilities. Whether you’re helping administer the estate of a family member or preparing for the role in the future, understanding the estate administration process can make it easier to navigate each step with confidence. Handling an estate after death involves more than carrying out the […]

Estate planning can be complex, and we understand that every situation comes with its unique questions and challenges. At GBA, we recently published our Estate Planning and Handling an Estate After Death eBooks to help guide and support you through these important processes. To build on that guidance, we’ve put together this FAQ article to […]

When someone passes away, their estate takes on the responsibility of settling any outstanding debts before it can distribute assets to beneficiaries. In Canada, this process involves using the remaining assets of the estate to pay off liabilities. For those unfamiliar with the legal and financial steps involved, managing an estate can seem overwhelming. As […]

In addition to settling any outstanding debts and managing the distribution of assets, executors must carefully navigate the estate’s tax responsibilities, ensuring they complete all filings accurately and on time. Failure to meet tax obligations can result in penalties and complications in settling the estate. In the third article of our Handling an Estate After […]

Having the testator name you as executor is both an honour and a significant responsibility. That said, the role can be challenging, especially for those unfamiliar with its legal and financial requirements. As the second article in our Handling An Estate After Death series, we’ll guide you through an executor’s key responsibilities, explain their legal […]

When someone dies, the executor must take many legal and financial steps to manage their estate. The first tasks often include locating the deceased’s will and identifying the executor, the person responsible for managing the estate. This process can seem overwhelming at an already emotional time, especially if you are unfamiliar with probate and estate […]