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RBC Wealth Management Canada > RBC Estate & Trust Services > Estate Services > Executor Support
Not only is an executor's list of duties extensive, it needs to be completed at an extremely stressful time - when you're dealing with the loss of a loved one. Many people feel overwhelmed by the thought of being responsible for estate settlement at a time of grief. There are other reasons for concern as well, where the services of a professional can provide valuable support.
Settling an estate can often create family conflict or renew existing family discord. As an executor, you need to communicate with beneficiaries and balance potentially conflicting interests. The presence of an unbiased third party can help alleviate these conflicts.
It can take anywhere from one to four years to settle an estate, depending on its complexity, and even the simplest of estates will take many hours of work spread over several months. People with busy lives are often challenged to carry out their executor duties in a timely manner.
As executor, you might feel that you lack the professional skills needed to handle some of the more technical aspects of the job, such as filing tax returns for the deceased or managing trusts established in the Will.
If you have agreed to act as executor for a loved one, professional executor services can help you settle the estate according to your loved one's wishes, to the satisfaction of the beneficiaries and with minimal delay.
Our estate and trust professionals are skilled in the intricacies of estate settlement and administration.
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Download your guide to settling an estate and request your free Executor/Liquidator Kit.
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