Estate Administration In Canada

 By: Austin Mark
When an individual dies, the assets owned by him must be located and protected. These assets are called as the deceased’s estate. The debts of the deceased must be paid out of the estate assets. After the debts have been paid from the estate, whatever remains can then be distributed among the beneficiaries named in the deceased’s will or according to the provincial law of intestacy. When an individual dies without a will, he is said to have died intestate.

What is an Estate Trustee?

Generally, when a person dies, he or she has all types of property and possessions. The estate trustee is the individual responsible for dividing this property among the deceased heirs. There are two ways, in general, that people can inherit from a deceased. First, if the deceased had a will, that will sets out who is to inherit and what they are to inherit. Second, if the deceased died without a will, he or she is said to have died intestate.

Personal Representative

“Personal representative” is a general term for a person who administers an estate. It includes both executor and administrator. An executor draws his power from the bill while in order to become an administrator it is necessary to make an application to the court. In plain language, the term "personal representative" includes executors (where a will names an executor) and administrators (where a person dies intestate, or an executor declines, and the court must name someone to administer the estate). The office of personal representative is voluntary. Even if one is named in a will as executor, one can decline (by a process called "renunciation").

A personal representative is under a duty to take possession of the assets, pay the debts, look after insurance matters and keep proper accounts. The personal representative stands as way station between the deceased and the beneficiary. Legally, the title to property goes from the deceased to the personal representative (as trustee for the beneficiaries) and then to the beneficiaries. However, it is pertinent to note that there are certain exceptions to this such as joint property and RRSPs or insurance policies with named beneficiaries. Property in these cases are transferred automatically on death and do not depend on probate.

Administration of an Estate

Once an estate trustee obtains a certificate of appointment, it is his/her duty to administer the deceased’s estate. primarily, the estate trustee is supposed to determine what assets belongs to that estate which includes all assets owned by the deceased in the deceased’s name alone and any interest that the deceased might have had in the property owned jointly with someone else.

Having decided what is and what is not part of the estate, the estate trustee should take the following steps:

1. Gather the assets of the estate
2. Administer or manage the estate
3. Realize the estate
4. Making arrangements for the funeral.
5. Account to the beneficiary for the administration of the estate.
Artice Source:

Related Articles in Estate Planning

People interested in the above article are also interested in the related articles listed below:

Self directed IRA investment options go beyond the traditional stocks and bonds into real estate, limited liability companies and partnerships; tax liens, mortgage receivables, precious metals, notes and so on. To establish a real estate IRA investment account, the first step is to set up a self directed IRA. A self directed IRA account allows the account holder to control and make the final decisions in the type of IRA investments they consider to be the most profitable.
The real estate sector is a field that grown rapidly and also considers that it will be get mount in new future. If you are willing for properties in India, there are several real estate firm help you to finding best properties. Here you can get information about properties in India, home loans, home loans companies, etc.
Sickness and death are tragic realities that every family will need to deal with at some point. Too often, this planning goes neglected because the subject is difficult to deal with for many, or simply too confusing. Many consider "estate planning" to be only for the wealthy with sprawling country homes filled with valuable antiques and tapestries. However, this could not be farther from the truth. While most wealthy do have estate plans in place, they are also critical for those who are not wealthy, to ensure that their needs and desires are met in both sickness and health.

More in Estate Planning

Excellent, Larry. Thank you for taking the new article directory technology and making it work to the max. I encourage everyone to keep contributing and contributing regularly. I can attest to the fact that this site is already a strong directory in a field of many. Kudos to Larry!

Matthew C. Keegan
The Article Writer


I find it a delight to use both as an author and a publisher. It is full of nice little surprises that make the whole process of writing, reading and publishing articles a complete delight. This is one that comes out tops and beats the rest hands down.

Eric Garner
Managing Director


I did a Google search and came across your site. It was exactly what I was looking for and was elated to find such a broad range of articles. As I am launching a free magazine in a small town in Florida, I wanted to be as resourceful as possible while still being able to provide some content that is interesting and well written. Your site has all the variables in the mix. Excellent Site hitting all the notes in the scale sort of speak.

Mo Montana
Florida, USA

Article Topics

Copyright © 2005 - by Larry Lim, Singapore - Article Search Engine Directory at™
All Rights Reserved Worldwide. All Trademarks and Servicemarks are the property of the respective owners.
ArabicBulgarianCatalanChinese (Simplified)Chinese (Traditional)CzechDanishDutchEnglishEstonianFinnishFrenchGermanGreekHaitian CreoleHebrewHindiHungarianIndonesianItalianJapaneseKoreanLatvianLithuanianNorwegianPersianPolishPortugueseRomanianRussianSlovakSlovenianSpanishSwedishThaiTurkishUkranianVietnamese