Appointment of the liquidator

Description

• It is possible to appoint a liquidator in the case of a succession (estate) with or without a Will if the testator has failed to appoint a liquidator.
• The Civil Code of Quebec gives heirs the right to appoint a liquidator who will administer the estate assets.
• The heirs may, by majority vote, appoint the liquidator.
• However, these rules may vary depending on the drafting of the Will and the powers conferred to the liquidator.
• In the absence of liquidator, the heirs will have to act collectively to settle the estate.
• The Civil Code of Quebec does not require any formality for the appointment, but some financial institutions may, according to their own internal policies, require that the sworn statement attached to this document be signed before a notary. It is therefore best to first check with the institution in which the deceased held assets before completing this document online.

• For more information and more complex situations, we invite you to contact  .

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