Upon the death of the testator, the Executor and Trustee must attend to the administration of the estate (also known as “Probate”).
Typically, only one meeting is required.
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In addition to the Executor and Trustee’s legal obligations, the administration of an estate involves the handling of dozens of practical matters such as making arrangements for the funeral, giving notice of the death to various government agencies, banks, insurance companies, closing out the deceased’s accounts (telephone, internet etc.), opening a bank account for the estate, and so on.
The Executor and Trustee is personally liable to the beneficiaries for errors committed during the course of the administration of the estate. Thus, it is strongly recommended that the Executor and Trustee seek the assistance of experienced legal counsel.