Sidestepping probate in this manner - which is by no means easy or straightforward for the average person - means that any provincial probate tax which would otherwise be payable is also avoided. However, it does not mean that other taxes, such as the federal capital gains tax, are avoided....
An adult child whose spouse shouldn’t be allowed near your hard-earned worldly assets? Are you concerned about death taxes or family disputes after you’re gone? Let us help you design a Trust that anticipates and prevents these troubles. ...
Taking care of the taxes promptly Making decisions regarding beneficiaries who are minors and/or those who have a power of attorney in effect A probate bond helps guarantee that the executor will act in the best interest of the beneficiaries by drawing out a contract that legally binds the fidu...
An adult child whose spouse shouldn’t be allowed near your hard-earned worldly assets? Are you concerned about death taxes or family disputes after you’re gone? Let us help you design a Trust that anticipates and prevents these troubles. ...
Are there any instances when someone would not be given a grant of probate even if they were specifically mentioned in the will? Are there any qualifications for the person? For example, I was thinking maybe there were rules about the person's relationship to the deceased or whether the exec...