Do you manage funds for an institution?
Benefit from a comprehensive range of asset administration and management services offered by National Bank Trust's institution services department.
Acting as an executor/liquidator means you're responsible for settling the estate of the deceased person according to their wishes, while meeting applicable legal requirements. It's a multi-step process governed by a number of regulations.
Take our test to assess the degree of complexity and the responsibilities involved in settling an estate.
The responsibilities of the executor/liquidator may vary, but they include tasks such as taking an inventory of property, closing accounts, distributing assets to heirs and filing income tax returns.
The role comes with a lot of responsibility.
You can even delegate certain tasks to National Bank Trust if they prove too complex.
Trusts can be used to set aside assets while you are living or after your death.
They are administered according to your wishes, on behalf of the beneficiary you choose. The person administering the trust is the "trustee."
To help you or your loved ones navigate the process, National Bank Trust can be named executor/liquidator, mandatary, trustee, guardian or curator.1
We can help you prepare a living will (called a “mandate in case of incapacity” in Quebec) to determine who will make decisions on your behalf in the event you become unable to make them yourself.
Keep supporting the causes you care about. We can set up gifts to non-profits from your estate or even set up a foundation in your name.
Whether you're a National Bank client or not, our team can take care of a wide range of legal, tax and administrative formalities. We ensure your wishes are respected and legal requirements are met at every step.
A multi-disciplinary team that includes notaries, lawyers, accountants and tax specialists is at your disposal.
We'll find the best solutions for your situation and maximize the tax benefits for you or your heirs.