Is an executor's duty to settle the affairs of the estate and distribute the estate to beneficiaries?
British Columbia, Canada
The following excerpt is from Nieweler Estate (Re), 2019 BCSC 401 (CanLII):
An executor is obliged to settle the affairs of the estate and distribute to beneficiaries: Reznik v. Matty, 2013 BCSC 1346 para. 29 et seq. A power to retain an asset does not override the executor's duty to settle the affairs of the estate and to distribute.
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