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What to do when someone as died: a general checklist for executor

9/3/2018

 
In most cases, if you are named as executor of someone’s estate, they are a family member or close friend. So in addition to taking on the role, you’ll also likely be dealing with grief.  This checklist provides you a list of things that you should do, and helping you to stay organized while you are dealing with grief.
First Steps
  • Record the date of death
  • Record all decisions made, steps taken and financial transactions
  • Considering hire a estate lawyer to assist you with administration
  • Contact the BC Vital Statistics Agency to search for a notice of will and obtain a death certificate
  • Review the will and confirm executor appointment
Arranging the Funeral and Death Benefits
  • Contact a funeral service provider to make a funeral arrangement
  • Contact life insurance company to obtain benefits, if applicable
  • You may need to contact Medical Services Plan to cancel MSP health insurance coverage
  • Contact Canada Post to forward mail, if applicable
  • Call Service Canada to notify them of the death to obtain information about Canada Pension Plan, Old Age Security (and related pensions) and benefits that may be available after death
  • Contact Service BC if the deceased was receiving any supplement, subsidy or any provincial benefits
  • Contact any private benefit plan administrator to advise of the death and to determine eligibility for survivor benefits or benefit coverage for dependants
  • Cancel the deceased's driver's licence at a local driver licensing office
  • Cancel the deceased's passport at Passport Canada
  • Cancel the deceased's Social Insurance Number at Service Canada
Administrating the Estate
  • Consider hiring a lawyer regarding probate procedure or to obtain a letter of administration
  • Locate estate assets and safety deposit box, if applicable
  • If there is a will, apply to the court for a grant of probate; if there is no will, apply for a letter of administration
  • Notify hydro, cable, telephone or any utilities providers to change the name on the accounts, forward the bills, or cancel the services
  • Contact ICBC or any private insurance provider to cancel auto insurance
  • Contact banks and other financial institutions to transfer accounts held solely by the deceased into the name of the estate
  • Contact credit card companies to remove the deceased's name from account or to cancel them
  • Real Properties:
    • if the deceased owned real estate, change the name on title to the name of the estate or transmit to the survivor joint tenant(s)
    • if the deceased was a tenant, contact the landlord to arrange for vacating the property and settle the final account
    • if the deceased was a landlord, locate a copy of the lease and contact the tenant to arrange for future payment or arrangement
  • Pay debts owned by the deceased and settle any legal action against the deceased with the help of a lawyer, if applicable
  • Contact an accountant to file required tax returns and apply for clearance certificate from CRA
Winding up the Estate
  • Prepare detailed accounting of payments made in administering the estate and obtain approval from beneficiaries or the court
  • Distribute assets of estate to beneficiaries according to the terms of the will

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    welcome 

    A bit about myself.  I am a member of the British Columbia Notaries Public Society. I want to answer some of the most common questions that my clients have through my blog. Hope you find it useful. 

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