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Do executors have to inform beneficiaries?

Beneficiaries have a right to be notified that they are entitled to an inheritance from the estate. It is up to the executor to decide when is an appropriate time to inform the beneficiaries. Often executors will inform beneficiaries at the beginning of the administration of the estate.

How do I get a certificate of appointment of an estate trustee in Ontario?

If you were named executor in the deceaseds will, you can go to the Ontario Superior Court of Justice with the following documents: The original will; A death certificate; Court application forms. These include: Application (Form 74A) Affidavit of Service (Form 74B)

When should a trustee resign?

A trustee may resign for personal reasons, such as health issues, changes in personal circumstances, or conflicts of interest. Additionally, beneficiaries or co-trustees may request a trustees resignation if they believe the trustee is not fulfilling their duties.

Does an executor have to notify beneficiaries Ontario?

An executor canbut is not required toprovide a copy of the Will to a beneficiary, unless the Will is probated, in which case the executor must provide notice to each named beneficiary along with a copy of the relevant portions of the Last Will.

What if I dont want to be trustee?

If the trust document names you as the successor trustee and you dont want to serve, you need to formally resign, in writing. Notify each of the trust beneficiaries that you have done so. It might seem odd to resign from something that youve never agreed to do, but thats the way it works.

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