British Columbia Probate And Estate Administration Practice Manual

When you probate an estate, you prove by a legal process that a will has been validly made and executed. This may sound complicated, but it isn't.

Everything You Need to Know about Effectively Administering a British Columbia Estate. The Heritage Trust Estate Administration Boot Camp guide is a comprehensive and practical resource designed to assist an executor or administrator of a BC estate, from start to finish. From making funeral arrangements to the final distribution, this guide offers a detailed look at the responsibilities and potential liabilities associated with administering a BC estate, including: - Definitions of key concepts and terms - Initial responsibilities, including arranging the funeral and dealing with remains - How to prepare and apply for letters probate and letters of administration - How to prepare an inventory of assets and debts of the estate - Income tax basics - Estate accounting basics - Your role as trustee - Distribution of the estate - Compensation for the personal representatives - Estates of Indigenous People - And further resources available This practical guide will be indispensable for executors and administrators in BC.

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Written in simple, non-technical language, the book demonstrates how to apply for and obtain letters of probate or administration and transfer assets.Step-by-step instructions are given in the book and all the required forms are included on the enclosed CD-ROM (in MS Word and PDF formats).This kit also contains Administration Forms, which are required when the deceased did not have a valid will. When someone has died, it must be proven by a legal process that a will has been validly made and executed.This book demonstrates in easy-to-understand terms how anyone faced with this difficult situation can probate an estate without consulting a lawyer.This new third edition is divided into easy-to-understand sections about probate (with a will), administration (without a will), and administration (with a will that is invalid or incomplete). It features a restructured format for easier understanding of the different procedures for Probate and Administration. And includes updated forms and text to reflect the new Wills, Estates and Succession Act which went into effect on April 1, 2014.