Toronto Estate Administration Lawyers
Estate planning is important to ensure that possible tax efficiencies are considered so that you can maximize the value of your estate and reduce taxes upon your death.
Probate is the court process that grants an Executor the authority to act on behalf of the deceased. Specifically, it involves:
Probate is not required in every instance. However, it will be necessary where:
Probate fees are calculated as follows:
Assets subject to probate include:
Probate is assessed on the fair market value of these assets on the date of death.
The days, weeks, and months following the death of a family member or loved one can be overwhelming and highly emotional. Dealing with the estate administration process on top of that can be additionally challenging.
When a loved one dies, allow Baker & Company to assist you with winding up and administering the Estate. We can offer practical advice and cost-effective services to ensure that the Estate is wound up to the best advantage of the beneficiaries. Call us at 416-777-0100 or contact us online for a consultation.