Estate Administration
Explore our articles about estate administration
Complete Guide to Estate Settlement in Prince Edward Island
This comprehensive guide walks executors through the entire process, from immediate steps after death to final asset distribution, with PEI-specific laws, probate requirements, and tax considerations.
Complete Guide to Estate Settlement in Quebec
This comprehensive guide walks liquidators (executors) through every step, from immediate actions after death to final asset distribution, with Quebec-specific legal requirements and tax considerations.
Complete Guide to Estate Settlement in Nunavut
This comprehensive guide walks executors through the entire process, from immediate steps after death to final asset distribution, with territory-specific laws, probate requirements, and tax considerations.
Complete Guide to Estate Settlement in New Brunswick
This comprehensive guide walks executors through the entire process, from immediate steps after death to final asset distribution, with New Brunswick-specific laws, probate requirements, and tax considerations.
Complete Guide to Estate Settlement in Manitoba
This comprehensive guide walks executors through the entire process, from immediate steps after death to final asset distribution, with Manitoba-specific laws, probate requirements, and tax considerations.
Complete Guide to Estate Settlement in Alberta
This comprehensive guide walks executors through the entire process, from immediate steps after death to final asset distribution, with Alberta-specific laws, probate requirements, and tax considerations.
Complete Guide to Estate Settlement in Nova Scotia
This comprehensive guide walks executors through the entire process, from immediate steps after death to final asset distribution, with Nova Scotia-specific laws, probate requirements, and tax considerations.
Complete Guide to Estate Settlement in Ontario
This comprehensive guide walks executors through the entire process, from immediate steps after death to final asset distribution, with Ontario-specific laws, probate requirements, and tax considerations.
Complete Guide to Estate Settlement in Canada
Settling an estate in Canada involves multiple legal, financial, and practical responsibilities. This comprehensive guide walks executors and family members through every step of the process, from initial tasks after death to asset distribution, with specific Canadian legal and tax considerations.
What Assets Are Subject to Probate in British Columbia?
Certain assets in British Columbia, such as solely owned real estate and bank accounts without beneficiaries, require probate. Understanding probate rules can help estate executors plan effectively and minimize delays. Learn which assets are subject to probate and how to reduce costs.
The Probate Timeline in BC: How Long Does the Process Take?
The probate process in British Columbia ensures a will's validity and grants an executor authority to manage an estate. While it typically takes several months to a year, factors like disputes and court delays can extend the timeline. Learn how probate works and ways to expedite the process.
How Long Does an Executor Have to Settle an Estate in Alberta?
Settling an estate in Alberta involves multiple legal steps, from probate to final distribution. While most estates are settled within 12-18 months, factors like disputes and complex assets can extend the timeline. Learn the key steps and how to navigate them efficiently.
Why E-Signatures Are Secure, Legal, and Widely Accepted in North America
Electronic signatures have evolved to become more secure than traditional handwritten signatures, offering advanced encryption, tamper-proof audit trails, and biometric verification.
The Responsibilities of an Executor in Saskatchewan
Serving as an executor in Saskatchewan involves significant legal and financial responsibilities. This comprehensive guide explains the five key duties of executors, including probate application, notifying authorities, managing assets, paying debts, and resolving potential disputes.
Navigating Inherited Registered Pension Plans (RPP): What You Need to Know
Inheriting a Registered Pension Plan comes with different options depending on your relationship to the deceased. This guide explains how RPPs are handled after death, the tax implications for different beneficiaries, and strategies for effectively managing these valuable retirement assets.
Can an Executor Be Released from Their Duties? A Provincial and Territorial Guide
Whether you need to resign as an executor before or after probate, the process varies across Canada. This comprehensive guide outlines the specific procedures for each province and territory, with links to official court resources and best practices for a smooth transition.
What Happens to CPP at Death: Understanding Survivor and Death Benefits
When a CPP contributor dies, their survivors may be eligible for death benefits and survivor pensions. This comprehensive guide explains available benefits, who qualifies, how to apply, and important tax considerations for managing CPP benefits after death.
Navigating RRSP Inheritance: Avoiding Common Pitfalls and Taking Action When Issues Arise
When an RRSP holder dies, estate planning complications can significantly impact beneficiaries and tax obligations. This comprehensive guide explains potential pitfalls, strategies to avoid them, and steps to take if problems arise with inherited retirement savings.
Navigating Inherited RRIFs: What You Need to Know When You Inherit a Registered Retirement Income Fund
This guide explains the options available to spousal and non-spousal beneficiaries, plus strategies for managing inherited retirement funds effectively.
Navigating Inherited Non-Registered Investment Accounts: What You Need to Know
Unlike registered accounts, non-registered investments follow different rules when inherited. Understand how these accounts transfer to beneficiaries, the tax implications of deemed disposition, and strategies for managing inherited assets while minimizing tax impact.
Navigating RDSP Inheritance: What Happens to an RDSP After Death?
Unlike traditional inheritance, RDSPs follow special rules when a subscriber dies. This guide explains how these disability savings plans continue supporting beneficiaries, what happens to government contributions, and strategies to ensure smooth transitions in estate planning.
Navigating Inherited Corporate Investment Accounts: What You Need to Know
When you inherit a corporate investment account, you're actually inheriting shares in the corporation that owns the investments. This guide explains how these assets transition, the tax implications involved, and strategies for managing your inherited business stake effectively.
Navigating Inherited Locked-In Retirement Accounts (LIRA) and Life Income Funds (LIF): What You Need to Know
Inheriting a LIRA or LIF comes with unique challenges and restrictions. This comprehensive guide explains the inheritance rules, tax implications, and strategies for managing these specialized retirement accounts, whether you're a spouse or non-spouse beneficiary.
Navigating RESP Inheritance: Avoiding Common Pitfalls and Ensuring Your Education Savings Plan Serves Its Purpose
While RESPs are powerful tools for saving for a child's education, estate planning complications can arise when the subscriber dies. Discover how to protect your RESP's benefits, avoid common pitfalls, and ensure your education savings reach their intended beneficiary.
Navigating TFSA Inheritance: Avoiding Common Pitfalls and Taking Action When Things Go Wrong
Discover how to avoid common pitfalls with beneficiary designations, understand successor holder vs. beneficiary options, and protect your TFSA's tax advantages for your heirs.
What Does an Executor of a Will Do in British Columbia?
As an executor in British Columbia, you're responsible for administering the deceased's estate according to their will and the Wills, Estates and Succession Act (WESA). This guide outlines your five key duties, from probate application to final asset distribution.
Understanding the Executor Fee in BC
Executors in British Columbia can charge up to 5% of the estate's value plus additional fees for revenue generation and management. This guide explains how executor compensation is calculated, what affects the final amount, and how to handle fee-related disputes.
What is the Saskatchewan Probate Timeline?
The Saskatchewan probate process typically takes 6 months to over a year to complete. This guide breaks down the four main stages of probate, from filing the initial application to distributing assets, with estimated timelines for each step.
What’s the Difference Between an Executor and Power of Attorney?
While both Power of Attorney and executors manage someone's affairs, their roles serve different purposes and take effect at different times. Understand the key distinctions between these legal roles, their responsibilities, and how to select the right person for each position.
Estate Mediation in Canada: A Comprehensive Guide to Resolving Family Estate Disputes
This comprehensive guide explains how the mediation process works across different provinces, when it's necessary, its benefits over litigation, and how to prepare effectively.
The 7 Responsibilities of an Estate Executor in Canada
Being named an estate executor in Canada carries significant legal responsibilities. This comprehensive guide explains the seven essential duties executors must fulfill, including probate filing, asset management, debt settlement, beneficiary communication, and final accounting requirements.
What Happens to a Person's Bank Account When They Die Without a Will?
When someone passes away without a will in Canada, their bank accounts are typically frozen until an estate administrator is appointed through the provincial probate process. Learn how joint accounts, individual accounts, and accounts with named beneficiaries are handled under intestacy laws.
The Ultimate Estate Executor’s Checklist
Administering an estate requires organization, legal knowledge, and financial management. This definitive Canadian executor checklist walks you through eight crucial steps of the estate settlement process, ensuring you fulfill all legal obligations while honoring the deceased's wishes.
5 Things You Should Know as a First-Time Estate Executor
Being named an estate executor carries significant legal and financial responsibilities. If you're a first-time executor in Canada, understanding these five crucial aspects of estate administration will help you navigate the process successfully while protecting yourself from potential liability.
How to Deposit an Estate Cheque in Canada
Whether you're an executor or beneficiary, properly handling estate cheques is crucial during estate settlement. This guide explains the documentation required by Canadian financial institutions, common challenges when depositing estate funds, and practical solutions to ensure smooth transfers.
Ontario Probate Fees Explained for 2025
Ontario's Estate Administration Tax (probate fees) remains an important consideration for executors and estate planners in 2025. This comprehensive guide explains current probate tax rates, provides calculation examples, outlines exemptions, and offers strategies to minimize these costs.
What You Need to Know About Estate Settlement for Mobile Homes
This guide explains how mobile homes are treated in Canadian estates, probate requirements, transfer procedures, and tax considerations across different provinces.
How to Become an Executor of an Estate Without a Will in Canada
When someone dies without a will in Canada, a family member must apply to become the estate administrator. This guide explains intestacy laws, the application process for Letters of Administration, who has priority to apply, and the key responsibilities involved in managing an intestate estate.
What is a Residuary Estate?
A residuary estate includes all assets remaining after specific gifts, debts, taxes, and expenses have been paid. This comprehensive guide explains how residuary estates work in Canada, who inherits under provincial laws, and how to properly manage this often-overlooked aspect of estate planning.
What is the First Dealings Exemption in Ontario?
The First Dealings Exemption in Ontario allows certain real estate properties to bypass probate fees when passing to beneficiaries. This guide explains how properties converted from the old Land Registry System to the Land Titles System may qualify for significant estate savings.
Power of Attorney: What You Need to Know About POAs in Ontario
A Power of Attorney grants someone authority to act on your behalf in financial, personal, or healthcare matters. This comprehensive guide explains the different types of POAs in Ontario, their legal requirements, and the steps to create these essential documents for your estate plan.
Probate Planning: What to Consider Now to Reduce or Avoid Probate in Canada
Planning ahead can help reduce probate fees, speed up asset distribution, and minimize legal complications for your beneficiaries. Discover seven proven strategies to avoid or minimize probate in Canada, including province-specific considerations for protecting your estate.
Can an Executor Sell Estate Property Without the Consent of All Beneficiaries?
While settling an estate, executors often need to sell property. This guide explains when an executor can legally proceed with sales without beneficiary consent, when approval is required, and how to navigate potential conflicts during the estate administration process.
Who to Notify First After a Death in Canada
Following the death of a loved one in Canada, knowing who to notify can ease the burden during an overwhelming time. This comprehensive guide outlines the essential people and institutions to contact in the days and weeks after a loss, from immediate notifications to government agencies.
What Are the Saskatchewan Probate Fees in 2025?
Executors handling estates in Saskatchewan must pay probate fees based on the total value of the estate before assets can be distributed. Understand the 2025 fee structure, payment requirements, and legal strategies to potentially reduce or avoid these costs.
What Are the Duties of an Executor in Alberta?
As an executor in Alberta, you have important legal responsibilities to fulfill when administering a deceased person's estate. This guide explains the six key duties of an executor, including probate application, asset management, debt settlement, and estate distribution.
Should Real Estate Be Transferred to an Executor's Name Before a Sale?
When managing an estate, executors often wonder if real estate must be transferred to their name before selling. This guide explains probate requirements, property ownership considerations, and efficient approaches to real estate sales for Canadian executors.
The Lowdown on Estate Executors: What, Why, and When
If you've been named an executor, you may wonder what your duties involve, why executors are necessary, and when these responsibilities begin. This guide breaks down the key aspects of the role to help you navigate the process effectively.
Liquidating Assets When Settling An Estate: What You Need to Know
Whether an executor needs to pay off outstanding debts, distribute assets to beneficiaries, or simplify estate management, converting assets into cash can be beneficial. This guide outlines what liquidating assets means, why it’s necessary, and how to do it efficiently.
The 9 Steps to Take Immediately After Someone Dies
Whether you are a family member, close friend, or estate executor, knowing what steps to take can help ensure everything is handled smoothly. Here are the nine essential steps to take immediately after someone dies in Canada.
Probate 101 in Canada: The Ultimate Guide
This guide will walk you through the key aspects of probate in Canada, including what it is, how it works, costs involved, and how to avoid probate where possible.
Costly Affairs: How Settling an Estate Can Quickly Become Expensive
Settling an estate can be more expensive than many people anticipate. Executors and beneficiaries often face unexpected costs, legal fees, and administrative expenses that can significantly reduce the estate’s value.
What Nobody Tells You About Being an Estate Executor
Being named an estate executor can seem like an honor, but few people realize the full extent of the responsibilities involved. It’s not just about distributing assets—it’s a complex legal and financial role that can come with personal liability, disputes, and time-consuming tasks.
How to Apply for Probate in Canada
If you are an executor in Canada, understanding the probate process can help you navigate legal requirements efficiently. This guide outlines the steps to apply for probate, the necessary documents, and associated costs.
How to Avoid Probate in Canada
Probate can be a costly and time-consuming process, delaying the distribution of assets to beneficiaries. While probate is often necessary, there are legal strategies to minimize or entirely avoid it, reducing fees and administrative burdens.
A Note on Life Insurance Buy-Backs
Life insurance policies often come with various options that can impact long-term financial planning. One lesser-known feature offered by some insurers is the life insurance buy-back option.
What Assets Are Not Included in Probate?
Not all assets are subject to probate. Understanding which assets bypass probate can help minimize estate costs and speed up the transfer of wealth to beneficiaries.
How to Execute a Will in Canada
Executing a will is a critical responsibility that ensures a deceased person’s final wishes are carried out correctly. The estate executor is responsible for managing the estate, distributing assets, and settling debts.
Everything You Need to Know About Executor Fees in Ontario
In Ontario, an executor is generally entitled to compensation, typically set at 5% of the estate’s value, but this rate can vary depending on the complexity of the estate and specific arrangements outlined in the will.
Dying Without a Will in Ontario: Navigating Probate
Without a legally valid will, an estate is considered intestate, meaning Ontario’s Succession Law Reform Act determines how assets are distributed. Understanding the probate process and intestate succession laws can help families navigate the complexities of settling an estate without a will.
The 5 Best Ways to Avoid Probate in Ontario
Probate in Ontario can be a time-consuming and expensive process, often costing 1.5% of the estate’s value in estate administration tax. While some estates require probate, careful planning can help minimize or even avoid it altogether.
What Are a Beneficiary’s Rights?
As a beneficiary of an estate, you have legal rights that ensure transparency, fair asset distribution, and proper estate administration. While executors manage the estate, they must act in the best interests of the beneficiaries and follow the deceased’s will and applicable Canadian estate laws.
What Happens When an Executor Is Also a Beneficiary?
It is common for an executor to also be a beneficiary of the estate they are administering. In many cases, spouses, children, or close relatives are appointed as executors while also inheriting part of the estate.
When Is Probate Required in Alberta?
In Alberta, probate is required under specific circumstances, depending on the complexity of the estate, the type of assets involved, and whether the financial institutions and beneficiaries require it.
A Guide to Getting Multiple Copies of a Death Certificate: Why You Need Them and How to Obtain Them
The death of a loved one is an emotionally taxing experience, and amidst the grief, managing the necessary paperwork can feel overwhelming. One critical document that plays a pivotal role in settling a deceased person’s affairs is the death certificate.
Understanding Probate Requirements Across Different Canadian Provinces
This comprehensive guide explores probate requirements across Canada’s provinces and territories, highlighting the steps involved, costs, and unique regional considerations.
How to Handle Digital Assets and Passwords After Death: A Modern Estate Guide
This guide explores the steps to handle digital assets and passwords after death, ensuring a smooth transition for your loved ones and safeguarding your digital legacy.
What Happens to a Mortgage After Death in Canada?
In Canada, understanding the options and responsibilities associated with a deceased person’s mortgage is essential for family members, beneficiaries, and executors. This guide explores the steps, considerations, and legal implications of handling a mortgage after death.
Managing Rental Properties as an Executor: A Guide to Tenant Relations and Property Transfer in Canada
This guide provides a comprehensive overview of managing rental properties as an executor, including handling tenant relations, maintaining the property, and facilitating its transfer.
Dealing with Timeshare Properties in an Estate: Options and Solutions in Canada
This guide provides a comprehensive overview of handling timeshare properties within an estate, exploring options for keeping, transferring, or selling them, and offering solutions to common challenges faced by executors in Canada.
How to Handle Registered Education Savings Plans (RESPs) After Death
This guide explores the key steps and considerations for handling RESPs after a subscriber’s death, including options for transferring, collapsing, or maintaining the account.
Managing Tax-Free Savings Accounts (TFSAs) as an Executor: A Comprehensive Guide
This guide provides a detailed overview of how to manage TFSAs as an executor, including key steps, legal considerations, and available options for beneficiaries.
Navigating Old Age Security Benefits After Death: What Executors Need to Know
This guide outlines the essential steps and considerations for executors dealing with OAS benefits after a loved one’s death.
Provincial Health Care Coverage During Estate Settlement: What Beneficiaries Need to Know
This guide explores how provincial health care coverage is managed after death, what beneficiaries need to know, and how to navigate potential challenges.
Handling Professional Licenses and Certifications After Death: A Guide for Canadians
This guide outlines the key steps and considerations for handling professional licenses and certifications in Canada, ensuring compliance with legal and professional requirements.
Managing Partnership Interests in Small Businesses After Death in Canada
This guide explores the steps, considerations, and best practices for managing partnership interests in small businesses after the death of a partner in Canada.
How to Cancel a Social Insurance Number (SIN) After Death in Canada
This guide provides a step-by-step overview of the process, legal requirements, and resources for cancelling a SIN after death in Canada.
Understanding the Role of an Attorney for Personal and Health Care: A Comprehensive Guide
This guide explores the essential duties involved in serving as an attorney for personal and health matters, a role that requires both compassion and careful attention to detail.
Understanding Probate in Canada: What It Is and How to Minimize Its Impact
Probate serves a similar purpose for estates – it's the legal process that validates a will and confirms an executor's authority to manage and distribute estate assets. In Canada, this process varies by province and can significantly impact how quickly and costly it is to settle an estate.
Guide to Death Certificates in Halifax: How to Obtain and Use Them
This guide provides a comprehensive overview of death certificates in Halifax, including the application process, required documentation, and their practical uses.
Understanding Nova Scotia's Vital Statistics Office: Services and Resources
This guide provides an overview of the services and resources offered by Nova Scotia's Vital Statistics Office, along with tips for navigating the system efficiently.
Accessing Medical Records in Nova Scotia After a Death
This guide outlines the steps, legal considerations, and resources for accessing medical records in Nova Scotia after a death.
Managing an Estate When the Beneficiary is Incapacitated: A Guide for Canada
This guide outlines the key steps, legal requirements, and practical considerations for managing an estate in Canada when a beneficiary is incapacitated.
Handling Estates When the Deceased Lived Abroad: A Guide for Canadians
This guide provides an in-depth overview of estate administration when the deceased lived abroad, focusing on steps, legal considerations, and resources for Canadians.
Estate Administration for Indigenous Peoples in Canada
This guide provides an overview of estate administration for Indigenous Peoples in Canada, including legal frameworks, key steps, cultural considerations, and resources.
Dealing with Valuable Collections: Art, Coins, and Collectibles in Estate Settlement in Canada
This guide explores how to manage and distribute valuable collections during estate settlement, including legal considerations, valuation techniques, and strategies for avoiding conflicts.
Managing and Distributing Family Heirlooms: Preventing Conflicts
This guide provides practical advice for managing and distributing family heirlooms, focusing on strategies to avoid conflict, legal considerations, and tips for preserving family harmony.
How to Handle Firearms and Licenses After Death in Canada
This guide outlines the key steps, legal considerations, and resources for handling firearms and related licenses after a death in Canada.
What Happens to Domain Names and Websites After Death?
This guide explores the fate of domain names and websites after death, outlining the steps executors and family members should take to manage these digital properties effectively.
Handling Social Media Accounts After Death: A Platform-by-Platform Guide
This guide provides a comprehensive, platform-by-platform approach to managing social media accounts after death, with practical steps and resources for Canadians.
Managing Streaming Service Accounts After Death: A Guide for Canadians
This guide explores how to manage streaming service accounts after death, outlining practical steps, policies of major providers, and tips to make the process easier for Canadians.
Transferring Professional Practices After Death: Guidelines for Medical, Legal, and Accounting Practices in Canada
This guide provides a detailed overview of how to transfer professional practices in Canada, focusing on medical, legal, and accounting fields. It highlights the steps involved, regulatory requirements, and best practices for a successful transfer.
Understanding the Role of an Attorney for Financial Matters: A Comprehensive Guide
When someone becomes unable to manage their own financial affairs, their appointed power of attorney steps in to make decisions on their behalf. This crucial role carries significant responsibilities and requires careful attention to detail.
Final Steps in Estate Administration: Closing Out Your Executor Duties
After managing the primary estate administration tasks, several crucial final steps remain to properly conclude your executor duties. This guide covers the essential closing procedures to ensure a thorough and legally sound estate settlement.
Navigating Loss: A Guide to What Happens After a Death in Toronto
The loss of a loved one is a deeply personal and emotional experience. When faced with a death, especially in a bustling city like Toronto, the practicalities and legalities can feel overwhelming.
Guide to Holding an Estate Sale in Nova Scotia
In the wake of a loved one's passing, managing their estate can be a daunting task. One crucial aspect of estate administration is organizing an estate sale, where personal belongings and assets are sold to liquidate the estate and distribute the proceeds among beneficiaries.
How to Cancel Air Miles After a Death
Cancelling Air Miles after the death of the account holder is a crucial step to complete by the executor. While this may seem like a daunting task, it's essential to prevent any unauthorized use of the account and to ensure the deceased's affairs are settled appropriately.
Airline Rewards After a Death: A Guide for Cancelling or Transferring in the United States
If your loved one had accrued airline rewards in the United States, it's essential to understand how to handle them properly to prevent any unnecessary fees and ensure that their benefits are managed appropriately.
Understanding the Process When a Deceased Person in Canada Holds Mineral Rights
In the intricate landscape of estate management, dealing with the assets of a deceased person in Canada becomes even more complex when mineral rights are involved.
Dealing with a Loved One's Clothes and Personal Belongings After Their Passing
Losing a loved one leaves a void, and their belongings can feel overwhelming. This guide offers a step-by-step approach to sorting through their possessions, from creating categories to honoring wishes and crafting memory keepsakes. Find comfort and navigate this emotional journey with peace.
How to Cancel a Health Card in Nova Scotia After a Death
After a loved one's passing, dealing with their health card can feel overwhelming. But it's crucial to prevent fraud. This guide walks you through cancelling a health card in Nova Scotia, including gathering documents, contacting Nova Scotia Health Card Services, and securing personal information.
How to Cancel a Driver's License in Saskatchewan After a Death
Lost in paperwork after a loved one's passing? Don't worry. Cancelling their Saskatchewan driver's license is key to prevent identity theft and follow the law. This guide simplifies the process for you.
How to Cancel a Driver's License in Nova Scotia After a Death
Grieving a loved one is hard, but there are practical steps to take. In Nova Scotia, cancelling their driver's license is important to prevent identity theft and follow the law. This guide will help you through the process.
How to Cancel a Driver's License in Ontario After a Death
After the death of a loved one, cancellation of their driver's license needs to be addressed. In Ontario, cancelling the driver's license of a deceased individual is a legal requirement and crucial for preventing identity theft.
Navigating Loss: A Guide to What Happens After a Death in Florida
The loss of a loved one is a deeply personal and emotional experience. When faced with a death in Florida, the legalities and logistics can feel overwhelming. We offer a step-by-step guide on what to do after the death of a loved one.
How to Cancel a Health Card in Saskatchewan After a Death
One of the important tasks after a death is cancelling a health card with the Saskatchewan Health Authority. This process ensures the deceased’s records are properly updated and helps prevent identity theft.
How to Cancel a Health Card in Ontario After a Death
One of the necessary tasks after a death is cancelling the health card with the Ontario Ministry of Health. This process is important to prevent identity theft and ensure that the deceased’s records are properly updated.
How to Cancel Commonly Used Loyalty Cards in Canada After a Death
One important task after a death is cancelling the loyalty cards of the deceased. Cancelling these cards is crucial to prevent any unauthorized use of the accounts and to ensure the deceased's affairs are handled appropriately.
When the Deceased Owned a Farm and Livestock in Canada: Responsibilities for the Executor
The passing of a loved one is always a challenging and emotional time, but when the deceased owned a farm and livestock in Canada, the complexities of managing their affairs can be particularly daunting.
Understanding Taxation on Inheritances and Gifts in the US
Receiving an inheritance or a generous gift is usually celebrated, but are there any tax implications? The United States doesn't have an inheritance tax for beneficiaries. However, there might be other taxes to consider depending on what you receive. Learn more.
What Happens to Bank Accounts When Someone Dies in the United States?
When someone dies in the United States, their bank accounts are usually frozen to protect their money. This blog explains what happens next, including the role of the executor, how different types of accounts are handled, and what joint account holders can do. Learn more.
Navigating Taxes and the Estate Process in the US
The passing of a loved one brings a mix of emotions and practical obligations, including dealing with taxes. While the US has no federal inheritance tax for beneficiaries, several types of taxes can still apply. Learn more.
What Happens to Bank Accounts When Someone Dies in Canada?
When someone dies in Canada, their bank accounts are typically frozen to protect their assets and prevent unauthorized access. This article explains the process and outlines resources and tips to navigate estate laws and procedures.
Closing a Business After Death in the United States: A Guide for Survivors
The passing of a loved one is a challenging time. The complexity of handling a business they owned adds another layer of difficulty. This guide offers practical steps for surviving family members or business partners to navigate the process of closing a business after a death.
Mail Redirection After a Death: A Guide to Canada Post's Services
Losing a loved one is hard, but Canada Post can help with estate support. This guide explains how to redirect mail after a death, with step-by-step instructions and tips for a smooth transition.
Guide to Holding an Estate Sale in Ontario
Need to handle an estate sale in Ontario? Discover expert tips and resources to navigate the process with confidence. Learn how to liquidate assets and ensure a smooth estate administration.
Guide to Holding an Estate Sale in Saskatchewan
Organizing an estate sale is a key part of estate administration. This guide walks you through the entire process, from assessing the estate to distributing proceeds to beneficiaries.
Understanding Eligibility for the CPP Death Benefit
Understand the eligibility requirements for the Canada Pension Plan (CPP) Death Benefit paid to a deceased contributor's estate or survivors. This guide explores contribution history, exceptions, additional benefits, and the application process.
What to Do If You Can't Find a Will After a Death
This guide covers the key actions to take, including thoroughly checking potential storage locations, consulting close contacts, reviewing online accounts, documenting your search efforts, and understanding the probate process if no will is found.
Who to Notify in the First Month Following a Death
This guide simplifies who to notify after a death, ensuring a smoother process for settling the deceased's affairs. From close family to financial institutions, this checklist empowers you to navigate this difficult time with clarity and confidence.
What to Do as an Executor When Handling Canada Savings Bonds or Canada Premium Bonds After a Loved One's Passing
This guide walks you through the process of handling Canada Savings Bonds or Canada Premium Bonds after a death, from notifying the financial institution to redeeming the bonds and distributing the proceeds according to the deceased's wishes.
How to Notify the Credit Bureau in Canada After a Death
In the midst of grief, practical matters arise. Notifying the credit bureau is crucial after a death in Canada. This guide simplifies the process, helping you protect the deceased's information and ensure their estate is handled properly.
How to Cancel a Credit Card After a Death in Canada
Canceling the deceased's credit cards is crucial to prevent unauthorized charges. This guide walks you through the steps involved in canceling credit cards after a death in Canada, helping you navigate this process with ease during a difficult time.
How to Cancel a MedicAlert Account After a Loved One's Death
If your loved one had a MedicAlert account, it's important to cancel it after their passing. This guide outlines the simple steps to notify MedicAlert and ensure their personal information is handled appropriately.
Cancelling Telecom Providers After a Death in Canada: A Guide to Notifying Bell, Rogers, or Telus
Learn how to cancel your loved one's telecom services in Canada after their passing. This guide provides step-by-step instructions for notifying providers like Bell, Rogers, and Telus, ensuring accounts are closed and preventing unwanted charges.
Cancelling Grocery Reward Cards After a Death in Canada
When dealing with a loved one's passing, managing grocery reward cards is an often-overlooked task. This guide walks you through the process of canceling or transferring these accounts, ensuring proper handling of rewards and preventing misuse.
Managing Cryptocurrency After a Loved One's Passing
Discover essential steps for handling cryptocurrency after a loved one's death. From locating wallets to consulting professionals and navigating legal considerations, this guide provides practical advice for a complex process.
Guide to Cancelling a Credit Card After a Death in the United States
Losing a loved one is a difficult time. Learn how to cancel their credit card to safeguard their finances. Gather key documents, contact the issuer, and take additional steps for a smooth process.