The Next Step When Your Loved One Dies

PROBATING THE ESTATE IF THERE IS A WILL ADMINISTERING THE ESTATE WHEN THERE IS NO WILL In Alberta, when an individual passes away, all of their financial assets are essentially “frozen” and access to them will only be granted by the affected financial institutions through the process known as probating/administering an estate. If an individual has a valid Will in place, the individual named as the executor is tasked with obtaining a Grant of Probate from the Court. Or when an individual has passed away without a Will, either an individual with an established right to “act” as executor, or the Public Trustee of the Government of Alberta, will be tasked with obtaining a Grant of Administration from the Court. In the case of a Grant of Administration, a formula exists under the laws of the Province of Alberta which helps to determine who can apply for the Grant of... Read more