Simplii

Have a Question?

Enter your question in sentence form (e.g., How do I contact Simplii Financial?).
Don't include any confidential information, such as card or account numbers.


We matched your question to:

What are the responsibilities that need to be handled by the estate representative?

Rate this response

• Protecting the estate assets, which includes notifying financial institutions and others of the death and canceling regular payments
• Carrying out the intentions of the deceased as detailed in the will or distributing the assets in accordance with the local estate laws
• Maintaining records of all estate-related financial transactions
• Settling all liabilities, debts, and taxes before distributing assets to beneficiaries
• Communicating with beneficiaries
• Managing investments, real estate, creditors’ claims, personal effects, and business interests
• Filing tax returns for the deceased and the estate
 
For more details check out:
Estate Guide
• Your first steps as an estate representative 

 

"SIMPLII FINANCIAL" and the SIMPLII FINANCIAL DESIGNS are trademarks of CIBC. "Simplii Financial" is a division of CIBC. Banking services are not available in Quebec.
powered by [24]7