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.
Friday, November 11, 2016
LawFact of the Day: Wills and Estates
Here is your daily LawFact from Wise Law for Friday November 11, 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.
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
Visit our Toronto Law Office website: www.wiselaw.net
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Posted by Joy on Friday, November 11, 2016
Labels: probate fees, wills and estates
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