Question

Is there one page in the estates material that defines all the trustee words

Every second paragraph introduces another word for what looks like the same job and I cannot find anywhere that just lists them. Did anyone find a page worth tabbing, or did you write your own?

6 replies

Best answer

Dizzy-Aardvark-7702

I never found one and ended up writing my own. Four lines and it took ten minutes.

Estate trustee is the current Ontario term for whoever administers an estate, with or without a will. Executor is the old word where a will named them. Administrator is the old word where none did. Ontario folded all three into estate trustee, which is why an old textbook reads like a different subject.

Trustee of a trust is a different role, holding and managing trust property on the trust's terms. An estate trustee might also be trustee of a trust the will created, and the duties come from different places.

Letters probate is now a certificate of appointment of estate trustee. Same document.

Dizzy-Aardvark-7702 replying to kb_reads

For the substance yes. Write the current term in anything you have to draft.

Melodic-Ledger-4416

add testamentary and inter vivos trust to that page while youre at it. one exists on death under the will, one is set up while the settlor is alive, and tax treatment differs which is usually why a question cares

hazel_reads_slow

terminology page at the front of the tab is what got me through estates. half my trouble was vocabulary rather than law

im_so_cooked

stealing this

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