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Personal Law > Estate/Succession > Rendering of account by the liquidator

Rendering of account by the liquidator

To establish the net value of assets and liabilities of the deceased's estate following its administration by the liquidator...more

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Description

  • The rendering of account is one of the final steps in the process of liquidation of an estate.
  • It establishes the net assets to be distributed to the heirs or determines the liabilities of the estate after paying creditors and legatees.
  • It is then the balance sheet of assets and liabilities of the estate that the liquidator draws up.
  • The rendering of account must be sufficiently detailed to allow the heirs to verify its accuracy and then to release the liquidator from his administration by signing a discharge.
  • The liquidator must deliver the administered property and the related vouchers at the end of his administration.
  • For more information and more complex situations, we invite you to contact  .

* These fees may be changed within a 60-day notice and in accordance with section 71 of the Code of ethics of notaries.

GST and QST not included.

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