The Heritage Trust Estate Administration Boot Camp

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.