Tax and financial obligations of being an estate executor

To help you understand the financial and income tax responsibilities when serving as the executor of an estate, Chartered Professional Accountants of Canada (CPA Canada) is providing you with easy access to this informative article on the subject by BDO Canada.

If you have a client who has been appointed as the executor of the estate of a family member or friend, it’s important to be able to competently guide them regarding the financial and income tax duties involved. Better understand this complex subject and help your clients navigate this new legal and financial territory with this BDO Canada article, “Common tax responsibilities of the executor of an estate.

Published in the October 2013 edition of the firm’s enewsletter, The Tax Factor, the article provides a detailed overview of the main tasks involved in executing an estate.