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Succession law

Being the liquidator of an estate can be complicated. The liquidator must look after his or her own interests and always act in the best interests of the estate. This is not an obvious role, especially when the different heirs do not have the same vision on the liquidation of the estate. Among other things, the liquidator must reissue the accounts, an inventory of the succession, the tax returns of the succession as well as a notice of closing in the Register of Personal and Movable Real Rights, commonly called the RDPRM. Not all of the liquidator’s obligations are written into the deceased person’s will. If the liquidator of the succession does not fulfill his various obligations, he may expose his personal liability to any interested party such as the inheritors of the succession as well as the tax authorities. It is therefore prudent to consult a lawyer in order to ensure that the estate is liquidated properly and without risk to the liquidator.

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