Every receipt, statement and valuation, plus a running account of receipts and disbursements, retained for several years after distribution.
The Canadian position
Every receipt, statement and valuation, plus a running account of receipts and disbursements, retained for several years after distribution.
Provincial law governs administration, so confirm the position where the estate will actually be administered.
The Islamic position
The fixed shares apply to the net estate after funeral expenses, debts and any bequest capped at one third.
Where a Canadian mechanism has no classical counterpart, treat it as a contemporary question for a qualified scholar.
This is legal information only. For advice on your own circumstances, speak to a lawyer.
Citations & sources
Every factual claim on this page traces to a source below. Details change — check the original source before relying on any figure, fee or legal position. Anything under “further reading” is related material, not a source for what is stated here.
- Administering estates — Government of Ontario
- Executor running business during administration ontario — Treadstone Law
- Executor duty to keep records — Treadstone Law
- Running deceased business during estate administration ontario — Treadstone Law
- Estate bank account ontario executor — Treadstone Law
- Wills & estates practice — Treadstone Law