For most Canadians, serving as an executor* of a loved one’s or friend’s estate is an honour. However, most people are unaware of the extent of an executor’s duties, which can encompass more than 70 individual tasks.
To help guide you in your role as an executor, liquidator or estate trustee with a Will, RBC Estate & Trust Services has developed a detailed Executor’s Kit, which includes the following invaluable resources:
- Guide to Settling an Estate: An easy-to-follow reference guide that will help you complete the various steps in the estate settlement process, including probating the Will, dealing with beneficiaries, safeguarding estate assets, valuing the estate, administering the estate and much more.
- Executor Duties Checklist: A summary checklist for tracking and completing the tasks involved in settling an estate.
- Estate Inventory Workbook: A comprehensive workbook for recording all information pertaining to the estate.
- Beneficiary Guide: Outlines what to expect if you have been named a beneficiary and your options.