Estate Services – Notary as Executor
We offer Notary appointed executor services.
They will look after the administration, transfer the gifts and inheritances to your beneficiaries, and wind up your Estate. Your Executor should be someone you trust and have the necessary skills to manage the financials, people (beneficiaries) and practical aspects of your estate. You may appoint anyone over the age of 19 to act as your Executor.
Being appointed as an Executor may be considered an honour, however, executing an Estate can take substantial time and requires a high level of responsibility. More and more people are looking to a professional to manage their Estate upon death because it can be additionally stressful on loved ones during a time of grief. Also, if there is family conflict, having a neutral person can minimize dynamics or conflict.
An Estate may seem simple but can easily become complex. In British Columbia, there is a rise of Will disputes. And while the Will may be simple and straightforward, the complexity of people’s lives may attract a Will dispute and Estate litigation around what assets are included in the Estate. Common scenarios include: whether beneficiaries received additional benefits or gifts during their life, an overall unfair financial distribution, disinheriting, unequal gifting, blended families, and second marriages and spouses.
Our Executor services generally include:
Who makes a good executor?
Benefits of Appointing A Professional Executor
Being appointed as an Executor may be considered an honour, however, executing an Estate can take substantial time and requires a high level of responsibility and knowledge. More people are turning to a professional to manage their Estate upon death to reduce stress on loved ones during a time of grief and preserve family relationships.
Here are some key benefits for appointing a professional Executor:
For example, if a second spouse were named as both Executor and beneficiary, where the step-kids disagree with the terms of the Will and estate distribution, that individual would be in a conflict of interest to defend both the estate and their personal interest in their own inheritance.
Set up an Executor Consult
If you need further information or you would like to discuss appointing Beverly Carter Notary Public as your Executor, please contact our office to set up a consultation appointment so we can meet and review your Estate and situation.