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
Visit our Toronto Law Office website: www.wiselaw.net
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