Public Trustee Regulations

Regulation
Registration
R-048-2017
Source
Unofficial consolidation PDF (justice.gov.nt.ca)
Under
Public Trustee Act

This is an unofficial reading copy parsed from the Department of Justice consolidation PDF above — itself an office consolidation, not an official statement of the law. The authoritative text is in the Revised Statutes of the Northwest Territories, 1988 and the annual Statutes volumes.

  • s.sched_2 amended by R-078-2019, art. 2 in force Oct. 1, 2019
Cites
Cited by
  • None.
Contents
1. 1 2. 2 3. 3 4. 4 5. 5 6. 6 7. 7 8. 8 9. 9 10. 10 11. 11 12. 12 SCHEDULE ANNEXE SCHEDULE B FORM 1 (Subsection 10(1)) FORM 2 (Subsection 26(2)) FORM 3 (Subsection 10(3))

The Commissioner, on the recommendation of the Minister, under sections 32 and 39 of the Public Trustee Act and every enabling power, makes the Public Trustee Regulations.

1.

In these regulations, "common fund" means the common fund referred to in the Act. (fonds commun de placement)

Interest

2.

The rate of interest payable in respect of estates that have money in the common fund is determined by

(a) calculating the average of the rates of interest earned in respect of the common fund for each of the last four complete weeks before commencement of the month for which the interest is to be paid;

(b) subtracting 0.2% from the rate calculated under paragraph (a); and

(c) rounding the rate calculated under paragraph (b) to the nearest one hundredth of a percent.

Audit

3.

The annual audit referred to in section 38 of the Act must be prepared by March 31 of each year.

Financial Statements

4.

The annual financial statements of the Public Trustee must be in a form satisfactory to the Minister.

Fees

5.

(1) The fees referred to in subsection (2) are prescribed as fees that, for the management of the common fund, may be charged against the common fund and against the persons entitled to the common fund.

(2) Fees for the management of the common fund must, subject to any deduction under subsection (3), be paid to the Public Trustee out of the excess interest earned by the investments in the common fund as follows:

(a) on April 30 of each year, a fee shall be paid in an amount equal to 0.1% of the value of the common fund on that day;

(b) on October 31 of each year, a fee shall be paid in an amount equal to 0.1% of the value of the common fund on that day.

(3) The costs incurred in respect of the annual audit referred to in section 38 of the Act may be deducted from the fees determined under subsection (2).

6.

(1) For the services set out in Schedule A, the Public Trustee may charge fees in the manner and amounts set out in that Schedule.

(2) The person or entity specified in Column 5 of Schedule A shall pay the fee charged by the Public Trustee under subsection (1) at the time specified in Column 6 of that Schedule.

Public Trustee

7.

(1) For legal services provided by the Public Trustee, the Public Trustee may estimate and charge an hourly rate equivalent to that charged by a lawyer in Yellowknife in private general practice with five years experience.

(2) For the preparation of income tax returns and trust returns, the Public Trustee may estimate and charge a rate equivalent to the rate, for similar work, charged by an accountant in private practice in Yellowknife.

8.

(1) The Public Trustee may take funds from a trust or estate under the control or administration of the Public Trustee to pay the fees charged under these regulations.

(2) A person applying for an order confirming settlement under section 52 of the Children’s Law Act shall pay the prescribed fees at the time notice is given to the Public Trustee.

9.

Fees and disbursements payable under these regulations must be paid directly to the Consolidated Revenue Fund of the Government of the Northwest Territories.

Forms

10.

(1) For the purpose of subsection 23.1(2) of the Act, the form of prescribed form is set out in Form 1 of Schedule B.

(2) For the purpose of subsection 26(2) of the Act, the form of election is set out in Form 2 of Schedule B.

(3) When a form from this section is filed with the Court, the form must include a backer in the form set out in Form 3 of Schedule B.

11.

The Public Trustee Regulations, established by regulation numbered R-069-2009, are repealed.

12.

The Public Trustee Fee Regulations, established by instrument numbered R-102-94, are repealed.

SCHEDULE

Item Legislation Service Provided Authorizing Service

1 Guardianship application for trusteeship and order Trusteeship Act - sections 27 and 42

2 Guardianship administering the affairs and of a represented person - Trusteeship Act investigation and opening - sections 31 of file and 36

3 Guardianship administering the affairs and of a represented person - Trusteeship Act transferring real and - sections 31 personal property, leases and 36 and buildings to dependant

4 Guardianship administering the affairs and of a represented person - Trusteeship Act sale of real property - sections 31 and 36

5 Guardianship administering the affairs and of a represented person - Trusteeship Act cash received as capital - sections 31 or income (other than and 36 under item 4)

ANNEXE

No Disposition Service fourni législative habilitante

1 Loi sur la Demande d’ordonnance tutelle - portant nomination d’un articles 27 et 42 fiduciaire

2 Loi sur la Gestion des affaires de la tutelle - personne représentée - articles 31 et 36 enquête et ouverture du dossier

3 Loi sur la Gestion des affaires de la tutelle - personne représentée - articles 31 et 36 transfert de biens immobiliers et mobiliers, de baux et d’édifices à la personne à charge

4 Loi sur la Gestion des affaires de la tutelle - personne représentée - articles 31 et 36 vente de biens immobiliers

5 Loi sur la Gestion des affaires de la tutelle - personne représentée - articles 31 et 36 argent comptant reçu à titre de capital ou de revenu (autrement qu’en vertu du numéro 4) Service

6 Mental Health opening of file Act - section 52

7 Mental Health see items 3 to 5 Act - section 52

8 Children’s Law review of settlement, Act - section 52 where the proposed amount is less than

$2,000

9 Children’s Law review of settlement, Act - section 52 where the proposed amount is $2,000 or greater and less than

$10,000

10 Children’s Law review of settlement, Act - section 52 where the proposed amount is $10,000 or greater and less than

$100,000

11 Children’s Law review of settlement, Act - section 52 where the proposed amount is $100,000 or greater

12 Public Trustee administering the affairs Act - of a person under a paragraph 3(d.1) power of attorney - investigation and opening of file No Disposition Service fourni

habilitante

6 Loi sur la Ouverture du dossier santé mentale - article 52

7 Loi sur la Voir les numéros 3 à 5 santé mentale - article 52

8 Loi sur le Examen du règlement droit de amiable, dans le cas où l’enfance - le montant envisagé est article 52 de moins de 2 000 $

9 Loi sur le Examen du règlement droit de amiable, dans le cas où l’enfance - le montant envisagé est article 52 de 2 000 $ ou plus et moins de 10 000 $

10 Loi sur le Examen du règlement droit de amiable, dans le cas où l’enfance - le montant envisagé est article 52 de 10 000 $ ou plus et moins de 100 000 $

11 Loi sur le Examen du règlement droit de amiable, dans le cas où l’enfance - le montant envisagé est article 52 de 100 000 $ ou plus

12 Loi sur le Gestion des affaires curateur d’une personne en vertu public - d’une procuration - alinéa 3d.1) enquête et ouverture du dossier Service

13 Public Trustee administering the affairs Act - of a person under a paragraph 3(d.1) power of attorney - transferring real and personal property, leases and buildings to dependant

14 Public Trustee administering the affairs Act - of a person under a paragraph 3(d.1) power of attorney - sale of real property

15 Public Trustee administering the affairs Act - of a person under a paragraph 3(d.1) power of attorney - cash received as capital or income (other than under item 14)

16 Public Trustee acting on behalf of Act - section 4 minor or missing person or 5

17 Public Trustee administering trust for Act - section 6 minor - opening file habilitante

13 Loi sur le Gestion des affaires curateur d’une personne en vertu public - d’une procuration - alinéa 3d.1) transfert de biens immobiliers et mobiliers, de baux et d’édifices à la personne à charge

14 Loi sur le Gestion des affaires curateur d’une personne en vertu public - d’une procuration - vente alinéa 3d.1) de biens immobiliers

15 Loi sur le Gestion des affaires curateur d’une personne en vertu public - d’une procuration - alinéa 3d.1) argent comptant reçu à titre de capital ou de revenu (autrement qu’en vertu du numéro 14)

16 Loi sur le Représentation du mineur curateur ou de l’absent public - article 4 ou 5

17 Loi sur le Gestion de la fiducie au curateur nom du mineur - public - ouverture du dossier article 6 Service

18 Public Trustee administering trust for Act - section 6 minor

19 Public Trustee administering trust for Act - section 6 minor

20 Public Trustee administering trust for Act - section 6 minor

21 Public Trustee administering trust for Act - section 6 minor

22 Public Trustee drafting and filing Act - section 7 application to Supreme Court respecting expenditures from minor’s trust

23 Public Trustee administering affairs of Act - missing person - sections 8, 9 application for court and 32.1 order

24 Public Trustee administering affairs of Act - sections 8 missing person - and 9 investigation and opening of file habilitante

18 Loi sur le Gestion de la fiducie au curateur public nom du mineur - article 6

19 Loi sur le Gestion de la fiducie au curateur public nom du mineur - article 6

20 Loi sur le Gestion de la fiducie au curateur public nom du mineur - article 6

21 Loi sur le Gestion de la fiducie au curateur public nom du mineur - article 6

22 Loi sur le Rédaction et dépôt d’une curateur public demande à la Cour - article 7 suprême relative aux dépenses reliées à la fiducie du mineur

23 Loi sur le Gestion des affaires de curateur public l’absent - demande - articles 8, 9 et d’ordonnance au tribunal

32.1

24 Loi sur le Gestion des affaires de curateur public l’absent - enquête et - articles 8 et 9 ouverture de dossier Service

25 Public Trustee conveying real property, Act - section 9 leases, buildings and improvements to dependant (other than under item 26)

26 Public Trustee sale of real property Act - sections 9 and 32.1

27 Public Trustee receipt of cash (other Act - than under item 26) sections 8, 9 and 32.1

28 Public Trustee receipt of income Act - sections 8, 9 and 32.1

29 Public Trustee acting as administrator or Act - executor of an estate - sections 23 to opening file

27

30 Public Trustee acting as administrator or Act - executor of an estate - sections 23 to conveying real property, 27 leases, buildings and improvements to beneficiary habilitante

25 Loi sur le Transfert de biens curateur public immobiliers, de baux, - article 9 d’édifices ou d’améliorations locatives à la personne à charge (autrement qu’en vertu du numéro 26)

26 Loi sur le Vente de biens curateur public immobiliers - articles 9 et

32.1

27 Loi sur le Réception de l’argent curateur public comptant (autrement - articles 8, 9 et qu’en vertu du 32.1 numéro 26)

28 Loi sur le Réception des revenus curateur public - articles 8, 9 et

32.1

29 Loi sur le Agir à titre curateur public d’administrateur ou - articles 23 à d’exécuteur testamentaire 27 des biens - ouverture du dossier

30 Loi sur le Agir à titre curateur public d’administrateur ou - articles 23 à d’exécuteur testamentaire 27 des biens - transfert de biens immobiliers, de baux, d’édifices ou d’améliorations locatives au bénéficiaire Service

31 Public Trustee acting as 4% of gross sale the estate closing of Act - administrator or price of real property estate sections 23 to executor of an estate - sold by agent or 5% 27 sale of real property of gross sale price of real property sold without agent

32 Public Trustee acting as $30 per hour estate of closing on Act - administrator or represented completion sections 23 to executor of an estate - person of file 27 clean and sort estate inventory

33 Public Trustee acting as $30 per hour estate of closing on Act - administrator or represented completion sections 23 to executor of an estate - person of file 27 administration of estate sale

34 Public Trustee acting as 5% of cash received the estate closing of Act - administrator or estate sections 23 to executor of an estate - 27 receipt of cash (other than under item 37)

35 Public Trustee acting as 5% of income the estate closing of Act - administrator or estate sections 23 to executor of an estate - 27 receipt of income earned by the estate habilitante

31 Loi sur le Agir à titre curateur public d’administrateur ou - articles 23 à d’exécuteur testamentaire 27 des biens - vente de biens immobiliers

32 Loi sur le Agir à titre curateur public d’administrateur ou - articles 23 à d’exécuteur testamentaire 27 des biens - ménage et triage des biens de la succession

33 Loi sur le Agir à titre curateur public d’administrateur ou - articles 23 à d’exécuteur testamentaire 27 des biens - administration de la vente des biens de la succession

34 Loi sur le Agir à titre curateur public d’administrateur ou - articles 23 à d’exécuteur testamentaire 27 des biens - réception d’argent comptant (autrement qu’en vertu du numéro 37)

35 Loi sur le Agir à titre curateur public d’administrateur ou - articles 23 à d’exécuteur testamentaire 27 des biens - réception de revenus générés par les biens Service

36 Public Trustee acting as hourly rate set under the estate closing of Act - administrator or section 7 of these estate sections 23 to executor of an estate - regulations 27 court applications other than grants and closing orders

37 Public Trustee acting where court hourly rate set under as set out by when Act appoints or orders section 7 of these court determined Public Trustee to act regulations by court

38 Employment acting as trustee of 5% of income trust termination Standards Act - funds for persons of trust section 16

39 Employment acting as trustee of 5% of amount held trust termination Standards Act - funds for persons of trust section 16

R-078-2019,s.2. habilitante

36 Loi sur le Agir à titre curateur public d’administrateur ou - articles 23 à d’exécuteur testamentaire 27 des biens - demandes au tribunal autres que pour des lettres d’administration ou des ordonnances de fermeture

37 Loi sur le Lorsque le curateur public curateur public doit agir suite à sa nomination par le tribunal ou suite à une ordonnance de celui-ci

38 Loi sur les Agir à titre de fiduciaire normes de fonds au nom d’une d’emploi - personne article 16

39 Loi sur les Agir à titre de fiduciaire normes de fonds au nom d’une d’emploi - personne article 16

R-078-2019, art. 2.

SCHEDULE B

FORM 1 (Subsection 10(1))

IN THE SUPREME COURT OF THE NORTHWEST TERRITORIES

IN THE MATTER of the Estate of (full name of deceased) , late of (name of community) , in the Northwest Territories, deceased.

NOTICE OF ADMINISTRATION OF SMALL ESTATE

1. In accordance with section 23.1 of the Public Trustee Act, I hereby advise that the Public Trustee is administering, without a grant of administration, the estate of , a deceased person who resided in , Northwest Territories and died on .

2. The deceased’s personal property in the Northwest Territories has an estimated value not exceeding $35,000.

3. In accordance with that section of the Act, the Public Trustee may (a) take possession of the deceased person’s property; (b) dispose of articles of personal use in any manner the Public Trustee considers appropriate; (c) sell property not disposed of under paragraph (b), and apply the proceeds toward payment of amounts due and debts incurred for the burial of the deceased; and (d) do any other thing necessary to complete the administration of the estate.

4. In accordance with subsection 23.1(2) of the Public Trustee Act, this document is conclusive proof that the Public Trustee is the administrator of this estate.

(Public Trustee for the Northwest Territories) Date

Certification by Clerk Date

FORM 2 (Subsection 26(2))

IN THE SUPREME COURT OF THE NORTHWEST TERRITORIES

IN THE MATTER of the Estate of (full name of deceased) , late of (name of community) , in the Northwest Territories, deceased.

ELECTION TO ADMINISTER ESTATE

To the Supreme Court of the Northwest Territories,

1. In accordance with subsection 26(2) of the Public Trustee Act, the Public Trustee hereby elects to administer, without a grant of administration, the estate of , a deceased person who resided in , and who died on .

2. The deceased’s personal property in the Northwest Territories has an estimated value not exceeding $75,000 and no grant of probate or administration has been issued in the Northwest Territories.

3. In accordance with subsection 26(3) of the Act, upon the filing of this Notice, the Public Trustee becomes the administrator of the deceased person’s estate and the filed Notice is conclusive proof of the Public Trustee’s right to administer the estate.

4. In accordance with subsection 26(5) the Act, a copy of this Notice that is certified by the Clerk is equivalent to a certified copy of a grant of administration for all purposes.

(Public Trustee for the Northwest Territories) Date

Certification by Clerk under Date subsection 26(5) of the Act

FORM 3 (Subsection 10(3))

Estate No. S-1-ES-_______________________, 20_________

IN THE SUPREME COURT OF THE

NORTHWEST TERRITORIES

IN THE MATTER of the Estate of ____________________, late of _________________________________________, in the Northwest Territories, deceased.

ELECTION TO ADMINISTER ESTATE

Public Trustee for the Northwest Territories 10th Floor Precambrian Building 4920 52nd Street P.O. Box 1320 Yellowknife, NT X1A 2L9

File # ____________________________________________