Estate settlement
Settling an estate can be lengthy and demanding. We offer our clients a comprehensive and simplified approach to make estate administration easier—whether it's for you, as the executor of an estate, or for your loved ones who need to settle an estate.
What does it mean to settle an estate?
To settle (or administer) an estate means managing and distributing a person’s assets after their death. This responsibility falls to the estate executor, formerly known as the testamentary executor, who must handle the financial, legal, and tax aspects of the estate.
- Provide you with general information about estate settlement.
- Open an estate account.
- Manage the closing of the deceased’s investment accounts.
- In collaboration with our partners, offer you related services for estate settlement (document collection, debt payments, fund transfers, insurance claims, various searches, etc.). A turnkey service is also available.
Contact us:
T 514 788-6485 | Toll-free 1 800 291-0337
Monday to Thursday, from 8 am to 8 pm | Friday from 8 am to 5 pm
Key steps to settle an estate
Do you have an estate to settle? We’re here to support you in fulfilling your duties. Our clients benefit from a free will registry search, dedicated estate accounts, and a personalized financial plan. Executor services are also available through our partners. Don’t hesitate to contact us.
- Obtain the death certificate from the Directeur de l'état civil
- Check for the existence of a will with the Register of Wills and Mandates
As a client of FÉRIQUE Investment Services, you may be eligible for a free will registry search*.
*Offer subject to change without notice, based on our agreements with partners.
- If a will exists, the person appointed as executor (formerly called testamentary executor) takes charge of the estate.
- If there is no will, the heirs must appoint an executor according to the rules set out by law.
- Identify the deceased’s assets (bank accounts, investments, properties, etc.) and debts
- Publish a notice of inventory to inform creditors and heirs
- Pay the deceased’s debts and ensure all tax obligations are met
- File the deceased’s income tax return and obtain a tax clearance certificate
- Ensure that all assets are transferred to the heirs according to the deceased’s wishes or legal requirements
- Close the estate by preparing a final account