Role of Estate Trustee

In Ontario, the term "Estate Trustee" is now used to described executors (persons who "execute" the deceased's wishes set out in a Will), administrators (persons who administer the estate of the person without a Will in accordance with the intestacy rules), and trustees (persons who carry-out the trusts that may be set out in a Will).

Major Duties of an Estate Trustee:

The following are the five most important duties of an Estate Trustee:

  • To obey the directions of the Will;
  • To act impartially between beneficiaries;
  • To exercise ordinary care and prudence;
  • To place trust duties before his or her own interest;
  • To be ready to account.