Succession law
Renunciation of the role of liquidator
Being named liquidator in a will does not oblige the person to accept. Someone who cannot or does not want to take on the role can renounce it formally.
Overview
Being named liquidator in a will does not oblige the person to accept. Someone who cannot or does not want to take on the role can renounce it formally.
A notary can prepare the document, explain what happens next and help the heirs name a replacement so that the settlement of the estate is not delayed.
Good to know
- Check the will for a substitute liquidator
- Inform the heirs of the decision
- Put the renunciation in writing in the required form
- Avoid acting as liquidator before renouncing
Contact
123 Rue Exemple
Montréal, QC H0H 0H0
Tel : 514-555-5555
Fax : 514-555-5555
Hours : to be confirmed
Frequently asked questions
What happens if the liquidator renounces?
If the will names a substitute, that person can act. Otherwise the heirs can choose a new liquidator, or the court can intervene.
Can I renounce after starting to act?
Acting in the role can limit your options. Speak with a notary as soon as you have doubts.
Questions about your situation?
Contact us to talk about your needs. A first conversation helps identify the documents and steps involved.
514-555-5555