Ultimate Executor Checklist for Ontario 2025
Published January 15, 2025 • 12 min read
Being named as an executor (estate trustee) in Ontario is both an honor and a significant responsibility. This comprehensive checklist will guide you through every step of the estate administration process.
Phase 1: Immediate Tasks (First 30 Days)
Essential First Steps
Secure the deceased's property and valuables immediately
Locate and review the will and any codicils
Obtain multiple copies of the death certificate (10-15 copies)
Notify immediate family members and beneficiaries
Arrange funeral if not already done
Financial Institutions & Accounts
Contact all banks and credit unions to freeze accounts
Notify investment firms and brokerages
Cancel credit cards and recurring payments
Contact pension plan administrators
Notify life insurance companies
Phase 2: Legal & Administrative Setup (30-90 Days)
Probate Application (if required)
Determine if probate is required
Complete Application for Certificate of Appointment of Estate Trustee
Prepare detailed inventory of assets and debts
Calculate and pay estate administration tax
File application with Superior Court of Justice
Estate Bank Account
Open estate bank account in deceased's name
Transfer deceased's bank balances to estate account
Deposit any cheques made out to the deceased
Phase 3: Asset Management & Valuation
Property and Assets
Arrange professional appraisals for real estate
Get valuations for vehicles, jewelry, art, collectibles
Maintain property insurance and security
Continue mortgage payments if necessary
Manage investment portfolios prudently
Phase 4: Tax and Legal Obligations
Tax Returns and Filings
File deceased's final personal income tax return
Consider filing Rights or Things return if beneficial
File T3 trust returns for estate income
Apply for clearance certificates from CRA
Pay all outstanding taxes and penalties
Debts and Claims
Advertise for creditors in local newspaper
Review and validate all creditor claims
Pay valid debts from estate funds
Reject invalid or questionable claims
Phase 5: Final Distribution (6-18 Months)
Estate Accounting and Distribution
Prepare detailed estate accounting
Obtain beneficiary releases and approval
Distribute specific bequests and gifts
Sell assets if required for distribution
Make final distributions to residuary beneficiaries
Close estate bank accounts
Important Deadlines to Remember
Final Tax Return:
Due April 30th of year following death (or 6 months after death, whichever is later)
Rights or Things Return:
Due 1 year after death or 90 days after final return assessment
Estate T3 Returns:
Due 90 days after estate year-end
Feeling Overwhelmed by Your Executor Duties?
Being an executor is complex and can be overwhelming. We can connect you with our trusted network of experienced estate lawyers who can provide professional guidance to ensure you fulfill all your responsibilities properly and avoid personal liability.
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