Legal Question in Wills and Trusts in Canada
My mother passed away in 2007 and listed my sister as main executor and 4 others as beneficiaries,one was unable to be located. We searched for her for 18 months and had no luck, our lawyer went probate and our judge put it through. Our lawyer told us to put her money on a money order and hold on to it in trust. It has now been 2 more years and we still cant find her. How long do we have to hold this money for her? Can the executer cash this and split it again between the rest of us? thankyou ( ps. the bank put the money order in her name)
Catherine
Asked on 6/28/11, 10:13 am
1 Answer from Attorneys
Donald McLeod
Donald R. McLeod Law Corp.
The law varies from Province to Province so without knowing where the questioner lives and where the mother died, it is not possible to answer the question.
Answered on 6/28/11, 10:40 am