Vernon & Salmon Arm Estate Administration Lawyers Providing Executor Services
There are many reasons why someone may look to appoint a lawyer to act as the executor of their estate. They may not have a person they trust who can conveniently act in this capacity, or they may simply prefer not to burden family or friends with the time-consuming and difficult process of seeing an estate through the administration process. There are many onerous requirements and legal obligations required of an estate executor that can be confusing and complex for someone unfamiliar with the role.
Perhaps the most common reason to appoint a lawyer as executor is the desire to avoid conflicts amongst loved ones if the distribution of the estate does not live up to the hopes or expectations of the beneficiaries. In such cases, the executor will often bear the brunt of any fallout resulting from hurt feelings, and many people prefer a neutral third party take on the role to avoid family conflicts.
The estate administration lawyers at Cherkowski Marsden LLP regularly act as executors. They combine the expertise and knowledge that comes from decades of experience, with the personal connection and local access of a trusted friend or colleague. Having an executor that is familiar with all facets of your estate from the planning stage, helps to streamline the administration process. Our lawyers have the necessary information on hand to begin the steps of applying for probate right away and will ensure that the entire process is handled with efficiency and care.
What Services Does Cherkowski Marsden LLP Provide as Executor?
As executors, our lawyers handle all aspects of the estate administration process from start to finish. Our services include:
- Preparing and filing all necessary documentation with the court for probate, and responding to inquiries for further evidence or information;
- Obtaining the relevant information and documents from banks, government agencies, and other third parties;
- Paying all bills and expenses of the estate;
- Safeguarding the assets of the estate;
- Cancelling utilities, credit cards and other services of the deceased;
- Communicating with beneficiaries and distributing assets; and
- Preparing and filing all necessary tax returns for the estate.
Cherkowski Marsden LLP for the Administration of Your Estate
When preparing a Will, it is common to want to appoint a close friend or family member to the role of executor, but often people are not aware of how all-consuming these responsibilities can be. Not only that, but the steps for probate and asset distribution must be completed with extreme care in order to avoid unnecessary delays. Further, executors take on the additional burden of personal liability given the fiduciary nature of their duty to the estate’s beneficiaries. Appointing a skilled and cautious estate lawyer in this role can save family and friends the time, frustration and added emotional stress of dealing with the estate in addition to their grief after suffering the loss of a loved one.
If you are in the process of creating an estate plan or drafting a Will it may be prudent to consider appointing a neutral party, like the estate lawyers at Cherkowski Marsden LLP as the executor of your estate. As executors, our lawyers can expertly handle all aspects of the administration process to ensure legal obligations are met and the distribution of the estate is managed properly. Contact us online or by phone at 250-308-0338 (Vernon office) or 250-803-9171 (Salmon Arm office) to schedule a consultation with one of our lawyers.