It is possible for us to start the file of an estate liquidation, remotely, for the complete process. Following the authorization of the Justice Ministry, we have taken the necessary equipment to adapt to the new conditions caused by the Coronavirus crisis. It will still be possible to start the file in person, in our office, upon the observation of social distancing measures, as of May 5, 2020.
Contact us at 514-903-8560 to start the settlement of an estate.
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Estate liquidation (estate settlement)
Following the death of a person, the settlement (also called liquidation) of the estate must be carried out. Settlement or liquidation of an estate requires certain steps to be followed and must be done in accordance with the law. Settlement of an estate combines the legal, administrative and financial steps that will allow the estate to be liquidated and the deceased’s assets to be disposed of (money, movable and immovable property), providing that the estate is solvent. This responsibility falls on the liquidator of the estate.
In the case of an insolvent estate, it is possible to renounce an estate, just as it is possible to relinquish the office of liquidator. Mtre Mona Salehi, notary, and her team are professionals who are ideally suited to assist you in the settlement of an estate and as liquidator of an estate.
Certain steps of the liquidation of an estate could be delayed if it is a legal estate (the deceased person did not have a will) or a testamentary estate (the deceased person had a will).
In this case, Mtre Salehi and the collaborating notaries in her Firm will take care of the various stages of the estate settlement and liquidation such as:
- collecting information and documents (death certificates, will search, etc.)
- verification of the notarized will, holographic will or will before witnesses.
- identification of the heir or heirs
- identification and appointment of the liquidator
- liquidation of the estate’s patrimony
- tax declarations (through an accountant)
- obtaining various discharge certificates authorizing the distribution of estate property
- drawing up the estate inventory
- payment to creditors
- rendering of accounts
- delivery of property to heirs