partnership dating directory members - Liquidating estate quebec
For example, imagine that Christine cannot attend a meeting with the notary for the sale of her father’s house.
Liquidators must act carefully, diligently, honestly, and faithfully (in the best interests of the beneficiaries of a succession and the wishes expressed in the will).
They must not place themselves in conflicts of interest.
If the will does not specify the tasks to be done, who should do them, and the way decisions have to be made, the liquidators must act together unanimously.
If there is no will or the will does not name liquidators, the heirs become the liquidators. Through a majority vote, the heirs can also name one person among them to act as the sole liquidator.
It is important to note that a liquidator can get help from these professionals and organizations, even when they are not named as liquidators.
The liquidator can be named in the will of the deceased.
If you are the only liquidator and a replacement has not been named in the will, it is up to the heirs to name your replacement by a majority vote.
If they disagree on a replacement, they can go to court to get a decision.
If the liquidator makes unreasonable decisions, does not administer the estate properly or hides certain information, any person with a sufficient interest in the estate (e.g.