Category: Real Estate
Selling Real Estate as an Estate Executor in Alberta
If you’re named as an executor of a will (or “personal representative” as it’s termed in Alberta), you have the responsibility to administer the estate of the deceased. This is no small undertaking as you will have a fiduciary duty to follow the terms of the will, ensure that the named beneficiaries receive their inheritance, and manage all the assets and liabilities of the estate. If property forms part of the estate, your duty as the estate executor may involve selling real estate, such as the deceased person’s home. This can introduce extra complexities into the administration process. A [...]
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