Form 74.20 Certificate of Appointment of Estate Trustee Without a Will in Ontario, Canada is used to appoint a person as the estate trustee when someone passes away without a valid will. This document provides legal authority to the estate trustee to manage and distribute the deceased person's assets according to the laws of Ontario.
The Form 74.20 Certificate of Appointment of Estate Trustee Without a Will in Ontario, Canada is typically filed by the person seeking to be appointed as the Estate Trustee, also known as the executor, when someone dies without a will.
Q: What is Form 74.20?
A: Form 74.20 is a Certificate of Appointment of Estate Trustee Without a Will in Ontario, Canada.
Q: What is the purpose of Form 74.20?
A: The purpose of Form 74.20 is to appoint an estate trustee when there is no will.
Q: Who can fill out Form 74.20?
A: Form 74.20 can be filled out by someone who wishes to become the estate trustee.
Q: Are there any fees associated with Form 74.20?
A: Yes, there are fees associated with Form 74.20. The amount varies depending on the value of the estate.
Q: What documents do I need to submit with Form 74.20?
A: You will need to submit supporting documents, such as an affidavit, death certificate, and list of assets and liabilities.
Q: Can I appoint more than one estate trustee with Form 74.20?
A: Yes, you can appoint more than one estate trustee with Form 74.20.
Q: How long does it take to process Form 74.20?
A: Processing times can vary, but it typically takes several weeks to process Form 74.20.
Q: Can I use Form 74.20 in provinces other than Ontario?
A: No, Form 74.20 is specific to Ontario. Other provinces may have their own forms for appointing estate trustees without a will.
Q: Is legal advice necessary for filling out Form 74.20?
A: While legal advice is not mandatory, it is recommended to seek legal advice to ensure you are fulfilling all the necessary requirements.