EstateExec Expands Its Footprint to Canada
EstateExec tailors executor guidance to a specific estate based on local law, including advice on probate application, creditor notices, CRA tax clearance, family entitlements, executor benefits, and more.
FREMONT, CA: EstateExec, the chief online software for estate executors, announced support for Canadian properties, building its popularity in the United States. EstateExec simplifies the estate executors' role, offers financial accounting and electronic guidelines now adapted to reflect Canadian provincial legislation and CRA regulations.
"EstateExec represents a quantum leap forward for the average executor," says Dan White, President, Ontario's TaxAudit Solutions. "We originally contacted EstateExec because we were impressed with the US version, and are very happy to be able to use and recommend the Canadian version to our clients."
About 3 million people die every year in the US and Canada (and more this year due to the COVID-19 pandemic). For any person who dies, the law requires that his or her estate be settled by an executor, usually a family member who has never done so before. The method is complicated and burdensome, typically lasting hundreds of hours. EstateExec aims at moving this method forward from the 19th to the 21st century, simplifying it and making it more straightforward for the average user.
"I was immediately impressed with its ease of use, record keeping and other capabilities," said Thomas Riordon, a federally appointed judge in Canada for more than 29 years. "It will definitely make your work easier."
EstateExec tailors executor guidance to a specific estate based on local law, including advice on probate application, creditor notices, CRA tax clearance, family entitlements, executor benefits, and more. However, more than just guidance, EstateExec also offers an integrated financial system for monitoring estate inventory, administrative expenditures, heir distributions, deemed disposal, cost base, and more.
"While our US version has been well received," said Dan Stickel, Founder, and CEO, EstateExec, "it was no small task to adapt our software to work in all 13 Canadian provinces and territories. We decided to build a Canadian version because we kept getting contacted by consumers and legal professionals who loved the core capabilities of our US version, but really wanted one specifically for Canada. We are excited today to finally be able to improve the lives of Canadian executors."