This chart shows the probate fees on a $1 million estate for Ontario ($14,250, or 1.5% of estate value exceeding $50,000), Saskatchewan ($7,000 or 0.7%), Alberta ($525 flat fee), and Manitoba (no fees)
This chart shows the probate fees on a $1 million estate for Ontario ($14,250, or 1.5% of estate value exceeding $50,000), Saskatchewan ($7,000 or 0.7%), Alberta ($525 flat fee), and Manitoba (no fees)
This flowchart shows that outright distributions and testamentary trusts from your will are subject to probate before distribution to your beneficiaries, while lifetime gifting, living trusts, registered accounts & insurance policies with named beneficiaries, JTWROS, and secondary wills are not.
This flowchart shows that outright distributions and testamentary trusts from your will are subject to probate before distribution to your beneficiaries, while lifetime gifting, living trusts, registered accounts & insurance policies with named beneficiaries, JTWROS, and secondary wills are not.
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