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How to Add a GIC (Date of Death Asset)

This article explains how to add a GIC as a Date of Death asset in Estateably.

Updated over a week ago

Steps to add a Date of Death GIC

  1. Open your file.

  2. Navigate to Estate Accounting.

  3. Select the Assets tab.

  4. Click Add New.

  5. Set:

    • Inventory Type = Asset

    • Asset Type = GIC

  6. Ensure the asset is recorded as a Date of Death asset (do not select “acquired during administration”).

  7. Enter:

    • Currency

    • Book value

    • Ownership (e.g., sole, joint, tenants in common)

    • Description (optional)

  8. Click Save.


What happens after saving?

  • The GIC will appear in your asset list

  • It will display a Date of Death value

  • No transaction will be created

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