The Liquidator of the Estate
If a member of your family were to die, he or she may have designated you as the estate liquidator in his or her will. He or she may also not have designated an estate liquidator, in which case the heirs must agree upon an individual to be designated to carry out that role.
If you are an estate liquidator, you are in charge of ensuring the orderly settlement of the estate and you have various responsibilities. For example, you will be required to find the deceased's last will, collect official documents, notify financial institutions of the death, take inventory of the deceased's assets, pay the estate's debts, recover amounts owing, etc.
Retraite Québec pensions and death benefits
In the event of death, Retraite Québec offers pensions and benefits. If the deceased made sufficient contributions to the Québec Pension Plan, the deceased's family could be entitled to survivors' benefits. When you liquidate an estate, you must settle a number of matters, including several formalities involving Retraite Québec. Several questions will arise. Did the deceased work? Did he or she have a pension plan offered in the workplace? Did he or she have any minor children? The steps to be taken will vary according to your answers to those questions.
Other useful link
- Consult a
notary for assistance in settling an estate.
Wills and Estates section on the Éducaloi website provides a wealth of useful information on how to settle an estate.