Estate Probation or Estate Probate – Do You Know the Difference?
“What is involved in the probation [sic] of my parents’ estate?” Cynthia asked.
She had a look on her face that confirmed she hadn’t used the right word.
Well, if you are an executor, you may not have committed a crime probating an estate. But executors can feel like a sentence has been handed down on them.
Serving time, so to speak, as an executor/estate trustee, can take 12-18 months or longer. I have spoken to groups across Canada on executor topics, and I know probating an estate scares people.
Cynthia was nervous alright. She was responsible for handling her parents’ estate.
Her parents were about to embark on a 50th wedding anniversary cruise. “What if they don’t make it back?” the daughter wanted to know.
• What am I, as executor, expected to do?
• What should I ask my parents before they leave?
• Should I know where the will is?
Executors Can’t Afford Probate Mistakes
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Posted In: Estates, Probate On: October 20th, 2010