What happens if an estate trustee does not meet their obligations?

In the context of an estate trustee's obligations, the correct understanding is that if an estate trustee fails to meet their obligations, they can indeed be replaced. The role of the estate trustee comes with significant responsibilities, including the duty to manage the estate appropriately, administer assets in accordance with the law, and act in the best interests of the beneficiaries. If these duties are neglected, beneficiaries or interested parties may seek the court's intervention to replace the trustee.

While there can be consequences for failing to fulfill these duties, such as a demand for compensation for losses resulting from their negligence, the assertion that they must pay twice the amount of the estate is not a standard legal outcome. It is not automatically the case that any failure leads to doubling of financial liability, as this is not a prescribed penalty under Ontario estate law.

Overall, removal of the trustee is a more commonly recognized and practical consequence of failing to meet their legal obligations, ensuring that the administration of the estate continues smoothly and in line with the law and the interests of the beneficiaries.