Commonly referred to as the CRA, the Canadian Revenue Agency is Canada's version of the IRS and oversees the final income tax returns for estate administration. Executors should be aware of the mandatory and optional returns as well as timelines to avoid any penalties. For complex tax matters, an executor should seek assistance from a professional accountant (CPA).
What you need to know
How to open a loved one’s safe deposit box after they die
Opening the safe deposit box of your spouse or other loved one isn’t as easy as driving down to the bank. States often require multiple forms, and the laws depend on where you live. To make things simple, we’ve listed every state and what they require so you can open a safe deposit box quickly and easily.
Find your state’s rules
In collaboration with
Nick Broomfield, CPA, CMA, CEA
Nick is a Senior Analyst at HOOPP (Healthcare of Ontario Pension Plan) and strategic advisor at Atticus, Inc. In Nick’s role as Certified Executor Advisor, he actively advises testators, executors and heirs through the successful generational transition of legacy's, helping to keep Canadian families happy, healthy and harmonious.
In collaboration with
This could be you
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