Estate and Trust Administration (ETA)

Topics covered in this section are:

• Introduction (Common Law and Civil Code)
• Estates (Common Law and Civil Code)
• Trusts (Common Law and Civil Code)
• Agencies (Common Law and Civil Code)

Topics covered in this section are:

• Introduction to Wills
• Legislative Considerations
• Introduction (Common Law and Civil Code)
• Capacity to Make a Will (Common Law and Civil Code)
• Forms of Wills (Common Law and Civil Code)
• Formal Requirements for a Valid Will
• Changes to Wills (Common Law and Civil Code)
• Revocation of a will (Common Law Provinces)
• Marriage, Partnership, Separation and Divorce
  (Common Law and Civil Code)
• Revival and Republication (Common Law and Civil Code)
• Incorporation by Reference / Memorandum
• Fee Agreements
• Letter of Instruction (Letter of Wishes) and Memoranda (Common Law and Civil Code)
• Foreign Wills (Common Law and Civil Code)
• Multiple Wills
• Lapse and Anti-lapse (Common Law)
• Lapse and Nullity of Legacies, Accretion and Representation, and Illicit and Impossible Condition (Civil Code)
• Legacies, Ademption and Abatement OR Reduction (Common Law and Civil Code)
• Survivorship Legislation OR Simultaneous Death (Common Law and Civil Code)
• Distribution Per Capita and Per Stirpes (By Roots in Quebec)(Common Law and Civil Code)
• Will Reviews
• Will Interpretation (Common Law)
• Will Interpretation (Civil Code)
• Vested vs. Contingent Interests
• The Order and Contents of a Will (Common Law and Civil Code)
• Common Types of Trusts (Common Law and Civil Code)
• Types Of Wills

Topics covered in this section are:

• Introduction
• Intestate Succession
• General Distribution Rules (All Provinces)
• Intestacy in the Province of Quebec
• Appendix I
• Appendix II
• Appendix III

Topics covered in this section are:

• Probate (Common Law)
• Letters of Administration (Common Law)
• Other Grants of the Court (Common Law)
• Probate of Wills (Civil Code)
• Probate Fees
• When Probate Should Be Presented
• Intestate Succession
• Letters of Verification

Topics covered in this section are:

• Introduction
• Initial Steps
• Valuation of Assets
• Cost of Valuation of Property
• Production of an Inventory
• Transfer of Ownership of Assets of the Deceased
• Distribution of Residue
• Sample Letters
• Agent for the Executor
• Family Law Legislation (Common Law)
• Matrimonial Law (Civil Code of Quebec)
• Family Patrimony
• Appendix 1 – Administration Checklist
• Appendix 2 – Sample Letters
• Appendix 3 – Statement of Assets and Liabilities (Inventory)
• Appendix 4 – Ontario – Rules in Estate Proceedings
• Appendix 5 – British Columbia
• Appendix 6 – Basic Reference Under Civil Code for Succession Administration

Topics covered in this section are:

• Introduction
• Income Taxation: An Overview
• Role of the Personal Representative
• Deceased Taxpayers: Required and Elective Returns
• Types of Income Reported to Date of Death
• How to Locate the Information Needed to Prepare the Returns
• Objections, Appeals and Reassessments
• Penalties and Interest
• Filing A T3 Trust Return (TP646 in Quebec)

Topics covered in this section are:

• Introduction
• Powers of Attorney for the Management of Property
• Personal Care Decisions
• Court Appointed Guardians of Property (Common Law); Tutors, Curators, Advisers (Civil Law)
• Guardianship of the Person
• Statutory Guardianship of Property in Common Law Provinces and Public Protective Supervision in Quebec
• Dealing With Minors
• Particular Considerations on Tutorship to Minors and Protective Supervision for Incapacitated Adults (Quebec)

Topics covered in this section are:

• Introduction
• A Working Definition of Investing
• Financial Instruments: What Are They?
• Debt Securities
• Corporate Debt Securities
• Equities
• Managed Products
• Investment Objectives
• The Principle of Risk and Return
• Trustee Responsibility

Topics covered in this section are:

• Introduction
• Duty to Keep Accounts
• The Basic Trust Accounting System
• Compensation on Passing of Accounts
• Vouchers
• Accounting to the Public Trustee or
  Official Guardian Public Curator in Quebec
• Assisting the Court at the Audit
• Court Order at Common Law or Final rendering
  of Accounts In Quebec
• Release from a Beneficiary
• Executor’s Compensation Reported as Income
• Out of Pocket Expenses
• Inter Vivos Trusts — Accounting Requirements
• Guardianships Accounting Requirements (Curators and Tutors for Minors and Persons of Full Age in Quebec)
• Agencies — Accounting Requirements
• The Effect of Income Tax on Accounting Requirements
• Beneficiary Statements
• Apportionment – As it Relates to Credits
• Appendix 1 – Sample Set of Accounts: Frank Gavin Estate
• Appendix 2 – Under the General Umbrella of Revenue
• Appendix 3 – Form of Accounts
• Appendix 4 – Basic References Under Civil Code for Trust and Estates Accounting

Topics covered in this section are:

• Introduction (a. 1299 to 1370) MLR 02/2018
• General Provisions (a. 1299 to 1300)
• Two Kinds of Administration
• Rules of Administration (a. 1308 to 1354)
• Investments (a. 1339 to 1344)
• Apportionment of Profit and Expenditure (a. 1345 to 1350)
• Annual Account (a. 1351 to 1354)
• Termination of Administration (a. 1355 to 1370)
• Administration of the Property of Other in Context