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PRIVATE COMMITTEE REPORT PASSING OF ACCOUNTS PRIVATE COMMITTEE REPORT PASSING OF ACCOUNTS Please return forms to: Public Guardian and Trustee Private Committee Services 700 808 West Hastings Street.

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A trust is a legal arrangement in which one person or entity, called a trustee, manages assets on behalf of another person or entity, called the beneficiary. A trust beneficiary is entitled to receive trust assets or income generated by those assets, ing to the conditions set by the trust creator.

A committee of the estate is responsible for the patient's financial and legal affairs while a committee of the person assumes an adult's health and personal care matters. A committee of estate must report to the Public Guardian and Trustee about how the patient's finances are being managed.

A trustee is appointed to administer the trust ing to a legal agreement. Whereas, an executor distributes the testator's assets ing to their will after their demise. A trustee can take over the full duties of managing the testator's assets without court intervention.

If you have a trust and funded it with most of your assets during your lifetime, your successor Trustee will have comparatively more power than your Executor. “Attorney-in-Fact,” “Executor” and “Trustee” are designations for distinct roles in the estate planning process, each with specific powers and limitations.

STEPS for court-appointed Committeeship in BC: Ű Find a lawyer who is experienced with this type of work as it is somewhat specialized. Ű The lawyer will get affidavits from two BC physicians that the adult is mentally incapable of managing their affairs (and/or person).

A committee (pronounced caw-mi-tay, or caw-mi-tee, with emphasis on the end of the word) is a person or body usually appointed by the BC Supreme Court to make personal, medical, legal, or financial decisions for someone in BC who is mentally incapable. The court can appoint more than one person as committee.

The role of a trustee is different than the role of an estate executor. An executor manages a deceased person's estate to distribute his or her assets ing to the will. A trustee, on the other hand, is responsible for administering a trust.

​​​​​​The Public Guardian and Trustee (PGT) can administer an estate when the executor, intestate successor, beneficiary or other eligible person is not able or willing to do so. The PGT may also agree to be appointed executor in a will in appropriate circumstances.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232