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Estate assets are transferred first to the executor, and then to the beneficiary. These steps are often done at the same time. The [https://ltsa.ca Land Title Office] has the forms for transferring real estate. [http://www.icbc.com/vehicle-registration/sell-vehicle Autoplan] handles transfers of motor vehicles. | Estate assets are transferred first to the executor, and then to the beneficiary. These steps are often done at the same time. The [https://ltsa.ca Land Title Office] has the forms for transferring real estate. [http://www.icbc.com/vehicle-registration/sell-vehicle Autoplan] handles transfers of motor vehicles. | ||
If any cash and belongings remain after you distribute the specific gifts, divide what remains, known as the residue, as instructed by the will. If the will does not have a residue clause, you must distribute the remainder as if there was no will. This is called “intestacy.” You will need to get legal advice if this situation occurs. | If any cash and belongings remain after you distribute the specific gifts, divide what remains, known as the '''residue''', as instructed by the will. If the will does not have a residue clause, you must distribute the remainder as if there was no will. This is called “intestacy.” You will need to get legal advice if this situation occurs. | ||
{{Being an Executor Navbox}} | {{Being an Executor Navbox}} |
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