Estate Administration Resources
Here are some additional resources to help you with the process of Estate Planning and Estate Administration.
Free Estate Planning Resources
- Official Executor Guide
- Executor Preparation Course
- Prepare Your Estate for Your Executor
- Will Preparation Guide
- Glossary of Estate Terms
- Free $200 Estate Planning Checklist
- Draft Will Clause
- Inheritance Planning Guide
- Executor Liability Insurance Application
- Important Information for Your Executor Booklet
- Whitepaper for Non-Professional Executors
- Letter of Direction
- Cottage Co-Ownership Checklist
Canadian Estates Law Blogs
Find a Lawyer
Newfoundland and Labrador
Prince Edward Island
Canada Revenue Agency
Glossary of Terms
Beneficiary: a person or organization entitled to benefit under the Will.
Bequest, Legacy or Devise: a disposition of personal property under the terms of the Will.
Codicil: an addition or amendment to a Will.
Estate:includes everything owned by a person who has died.
Estate Administrator: the person appointed by the court to handle the affairs of the deceased.
Executor, Executrix, Estate Trustee: person named in a Will and legally charged with carrying out its provisions.
Guardian: a person or trust company appointed by the court to care for the property of a child.
Holographic Will: a Will written entirely in the handwriting of the testator and not witnessed.
Inter Vivos Trust: a trust created to take effect during the lifetime of the creator of the trust.
Intestate: describes someone who dies without leaving a Will.
Issue: descendants of a person, including not only children but grandchildren, great-grandchildren and more remote descendants.
Probate: the legal process of proving that a Will is valid and gives power to the Executor to administer and distribute it.
Power of Attorney (for property and/or care): a written authorization to represent or act on another’s behalf.
Residual Beneficiary: the beneficiary to whom the residue of the estate is left.
Residue: the assets remaining in an estate after all of the debts of the testator and the specific bequests in the Will have been satisfied.
Testamentary Capacity: the ability to know and understand the action of making a Will, the nature and extent of property which constitutes the estate, and who should and will benefit under the Will.
Testamentary Trust: a trust created by a Will.
Testate: describes someone who has died leaving a Will.
Testator, Testatrix: the person who makes a Will.
Trust: an interest in property held legally by one person for the benefit of another.
Trustee: one who manages property or money for another.
Will: the legal statement of a person’s wishes regarding the disposal of their property after death.