The liquidator is the person who settles an estate. The role is often entrusted to an heir, a spouse or a trusted friend, and it is usually named in the will.
The work includes finding the will, listing assets and debts, paying what is owed, informing the heirs and handing over the property that remains.
The liquidator must act with prudence and keep clear records. A notary can guide the liquidator through each step and prepare the necessary documents.
- Inventory
- Payment of debts
- Distribution to heirs
This article is general information and does not replace advice tailored to your situation.
