Selecting an Executor
Step 9 of 9: Location
Do they live nearby, or would they be allowed to act as your executor where you live?
If your executor lives outside your province or country, the court may require extra steps before they can act.
What if my executor lives elsewhere?
If your executor lives outside your province, the court may require a financial bond—insurance that protects the estate and beneficiaries. The bond can equal or exceed the estate’s value and usually costs about 0.5–1%, often several thousand dollars. The executor pays the non-refundable premium upfront and is later reimbursed from the estate. Bonding companies review credit, residency, and background. If the executor doesn’t qualify, the court may require a local co-executor or waive the bond if all beneficiaries agree. Executors in other provinces can serve but often face bonding requirements, while those outside Canada may face extra administrative hurdles. Choosing an in-province executor usually avoids these costs and steps.