Executor and Trustee

Benefits:

• Estate planning is undertaken free of charge when HSBC Trust Company (Canada) is appointed executor or co-executor.
• Objective, independent review and service in the interest of all parties helps avoid possible conflicts
• Reduce possibility of disputes, family strife and legal action
• Ensure your trust and estate wishes are met within second marriages or blended family situations
• Ability to manage the complex needs of larger, extensive estates versus ‘one-size-fits-all’ service

Testamentary Trustee

Features:

• Establish a trust as instructed by a Will and act as Trustee on an ongoing basis
• Protect and administer all aspects of the trust including managing investments, collecting and distributing income to the beneficiaries, distributing capital as appropriate, overseeing tax planning, paying bills and reporting to the courts if required.

Agent for Executor

Our team of specialists provides expertise in handling estates by providing administrative support and assisting with all of the Executor’s duties.

Features:

• Executor assistance services for estates with assets over $500,000
• Complete administration of estate through to final distribution of assets to beneficiaries
• Preparation of estate inventory
• Make an application for probate
• File all required income tax returns for the deceased and the estate
• Collect and distribute assets
• Ensure estate assets are protected, insured and managed

Benefits:

• Executor retains final decision making authority with respect to the estate, while receiving advice, support and administrative assistance from HSBC Trust
• Speedy and thorough administration service minimizes potential risks to the Executor, and allows Executor to concentrate on decision making rather than administrative tasks
• Professional service minimizes your overall time commitment and stress.
• Ensure wishes of the deceased are carried out as efficiently and accurately as possible