Renunciation of an estate in favor of another heir

Description

• A heir who rights in an estate, has the option of renouncing in favor of one or more or several co-heirs.
• This is not renunciation. It implies acceptance of the succession by the heir and the transfer of the rights held by an heir in an to another heir, which transfer constitutes acceptance. implies acceptance.
• The heir, having transferred his rights, remains liable for the debts of the succession. By Consequently, it will be prudent to obtain from the beneficiary of the renunciation an undertaking to indemnify the assigning heir for any amount due debts of the estate, or for any taxes payable as a result of the as a result of the transfer.
• For further legal information, please consult our legal FAQ section.
The Civil Code of Québec does not require any formalities for this designation, but some financial institutions, according to their internal policies, require that the affidavit accompanying this document be signed before a notary. It is therefore advisable to check with the institution where the deceased was doing business before completing this designation of liquidator under private signature.

Other services offered

Death certificate
Will search
Inventory of estate assets by the liquidator or heirs

Price

Renunciation of an estate in favor of another heir

$140