Inventory of estate assets by the liquidator or heirs

Description

Estate inventory

• The inventory is an essential step in the settlement of an estate.
• The liquidator or, failing that, the deceased's heirs, have a period not exceeding six months from the date of death to draw up the inventory of the estate.
• The deceased cannot exempt the liquidator from drawing up the inventory.
• The result of the inventory enables potential heirs to decide whether or not to accept the succession, and then to take the appropriate action based on their decision.
• The contents of the inventory must reflect the deceased's financial situation as accurately as possible.
• The inventory provides details of the deceased's assets and liabilities, as well as a summary of whether or not the estate is solvent.
• For optimum estate liquidation, make sure you have as much information as possible about the deceased's personal assets and debts before starting this service.

• If the deceased was married or in a civil union, the preparation of the inventory may require up to 3 steps:

  • Establish the value of the family patrimony of each spouse or civil union partner;
  • Establish the value of the acquests of each of the married spouses or civil union spouses under the partnership of acquests regime;
  • Establish the assets and liabilities of the deceased, regardless of marital status.

• The liquidator may be exempted from making the inventory if he obtains the unanimous consent of all heirs and successibles.

Other services offered

Death certificate
Will search
RDPRM - Inventory closing notice publication service
Notice of inventory closing - Text to be published in a local newspaper

Summary

Summary of clauses offered for the preparation of the estate inventory.

• Liquidator's declarations
• Assets
• Real estate
• Receivables
• Bank accounts and cash on hand
• Bonds
• Stock market securities
• Share certificates
• Annuities without designated beneficiary
• Other investments
• Motor vehicles
• Life insurance with no designated beneficiary
• Works of art
• Furniture
• Personal effects
• Total gross assets
• Liabilities
• Debts of the deceased
• Debts of the estate
• Shareable value of family patrimony
• Shareable value of partnership of acquests
• Tax reserves
• Total liabilities
• Summary
• Interpretation clause

Price

Inventory of estate assets by the liquidator or heirs

$125

Available option

Questionnaires review with a member of our legal team No discount or credit is applicable to this option.

$90