Thursday, March 10, 2016
Here is you daily LawFact from Wise Law for Thursday March 9, 2016. Today we are talking about Wills and Estates.
Ontario’s probate fees are $250 for the first $50,000 of an estate’s value and $15 for each additional $1,000. These fees are properly referred to as Estate Administration Taxes.
These taxes must be paid at the court when an Application is filed for the appointment of an Estate Trustee to administer an estate.
- Garry J. Wise, Toronto