An Affidavit In Lieu Of Inventory is a legal document used in Canadian estate administration when a detailed inventory of estate assets may be impractical, unnecessary, or when simplified disclosure is deemed sufficient by the court. This document is particularly useful in cases where estate assets are straightforward, when detailed valuations would be cost-prohibitive, or when privacy concerns are paramount. The affidavit must comply with provincial probate rules and estate administration requirements, providing sufficient information for the court to assess estate value while reducing administrative burden. It includes statements about the nature and approximate value of assets, the basis for using this simplified format, and must be sworn before a commissioner of oaths.
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1. Title and Court Information: Identifies the court, estate file number, and deceased person's information
2. Declarant Information: Identifies the person making the affidavit, including their name, address, and relationship to the deceased
3. Authority Statement: States the declarant's authority to make statements about the estate (e.g., as executor, administrator)
4. General Statement of Assets: A broad overview of the types of assets in the estate
5. Explanation for Lieu of Inventory: Explains why a detailed inventory is not being provided and why this affidavit is sufficient
6. Asset Value Declaration: States the total approximate value of the estate
7. Truth Declaration: Standard affidavit declaration that the contents are true to the best of the declarant's knowledge
8. Execution Block: Space for signature, date, and commissioner of oaths' information and signature
1. Known Creditors: Section listing known estate debts and creditors, used when there are significant estate debts
2. Asset Location Statement: Statement about where assets are located, used when assets are in multiple jurisdictions
3. Prior Distributions: Description of any distributions already made from the estate, included when relevant
4. Supplementary Information: Additional relevant information about specific assets or circumstances, used when special explanations are needed
5. Security Statement: Statement about estate security arrangements, used when required by the court
1. Schedule A - Summary of Assets: Brief categorized list of major asset categories and their approximate values
2. Schedule B - Supporting Documents: List of documents reviewed in preparing the affidavit
3. Schedule C - Known Exclusions: List of known assets intentionally excluded from the estate and reasons for exclusion
4. Appendix 1 - Commissioner's Certificate: Certificate from the commissioner of oaths confirming proper execution of the affidavit
Relevant legal definitions
Estate
Declarant
Deceased
Personal Property
Real Property
Commissioner of Oaths
Letters Probate
Letters of Administration
Estate Assets
Intangible Assets
Tangible Assets
Estate Representative
Beneficiary
Grant of Administration
Market Value
Residuary Estate
Joint Assets
Estate Debts
Administration Expenses
Jurisdiction
Declarant
Deceased
Personal Property
Real Property
Commissioner of Oaths
Letters Probate
Letters of Administration
Estate Assets
Intangible Assets
Tangible Assets
Estate Representative
Beneficiary
Grant of Administration
Market Value
Residuary Estate
Joint Assets
Estate Debts
Administration Expenses
Jurisdiction
Clauses
Declarant Identity
Authority Statement
Estate Identification
Asset Declaration
Value Statement
Liability Statement
Due Diligence
Knowledge and Belief
Oath Verification
Supporting Documentation
Jurisdiction
Asset Location
Prior Distribution
Exclusions
Verification
Commissioner Certification
Execution
Witness Statement
Authority Statement
Estate Identification
Asset Declaration
Value Statement
Liability Statement
Due Diligence
Knowledge and Belief
Oath Verification
Supporting Documentation
Jurisdiction
Asset Location
Prior Distribution
Exclusions
Verification
Commissioner Certification
Execution
Witness Statement
Relevant Industries
Legal Services
Financial Services
Estate Administration
Probate Services
Wealth Management
Trust Services
Public Administration
Notary Services
Relevant Teams
Legal
Probate Administration
Estate Services
Wealth Management
Trust Administration
Document Processing
Court Filing
Client Services
Relevant Roles
Estate Lawyer
Probate Clerk
Estate Administrator
Trust Officer
Legal Assistant
Paralegal
Court Registrar
Commissioner of Oaths
Estate Planning Specialist
Wealth Manager
Probate Specialist
Estate Settlement Officer
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