The Trustee Act requires that an executor or administrator of an estate (also known as the “personal representative” of an estate) must provide an accounting of the estate to the beneficiaries (and any unsatisfied creditors) […]
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210-Day Prohibition on Distributions to Beneficiaries
The Wills Estates and Succession Act (“WESA”) prohibits the executor or administrator of an estate (known generally as the “personal representative” of an estate) from making a distribution from the estate to any beneficiaries until […]
Overarching Duties of an Estate’s Personal Representative
Duty to Avoid Conflict of Interest There is a general prohibition against an executor or administrator of an estate (known generally as the “personal representative” of an estate) acting in a situation in which there […]
Dealing with Taxes for an Estate
Last month, we discussed some of the considerations that the executor or administrator of an estate (also known as the “personal representative” of the estate) must attend to in dealing with creditors of the estate. […]
Dealing with Creditors of an Estate
One of the first things on the minds of many potential executors or administrators of an estate (also known as the “personal representative” of the estate) is what to do about creditors. People often die […]
Initial Duties of Executor or Administrator of Estate
When the time comes to decide whether to act as executor or administrator of an estate, it is important to have a sense of where to start. This month we provide a listing of some […]