ETP Canada
By Debbie Stanley
August 3rd, 2021
How long does it take to administer an estate? This is a question we receive on a daily basis both from Executors and Beneficiaries.
Executors are often surprised by how long their newly accepted “job” will be. Beneficiaries are equally surprised to hear how long it might take before they start seeing estate funds come their way.
You should anticipate the estate administration process to take on average anywhere from 12 months to three years to wrap up. However, depending on the complexities of the estate (i.e. any complications such as; foreign property, family dynamics, estate litigation, etc.), it can take much longer.
There are many factors that come into play in determining the lifespan of an estate’s administration. These are the three biggest influences:
- Probate Wait Times
- What The Will Says
- Taxes
