How Much Does an Estate Have to Be Worth to Go to Probate in Ontario?
In Ontario, estates valued over $50,000 generally require probate to confirm the executor’s authority to manage and distribute the assets.
January 6, 2025
In Ontario, estates valued over $50,000 generally require probate to confirm the executor’s authority to manage and distribute the assets.
More people are creating information packages to help surviving family members make sense of how things work in their household.
It is important to have a valid Will to avoid the challenges of intestacy – dying without a Will. Indeed, eventually, everyone ends up with a Will of one sort or other…
There are things to consider when transferring a cottage to your heirs. Consider these four issues.
Three reasons why business owners should consider life insurance.
The only thing more difficult than committing to a life insurance policy is deciding what kind to buy. Is it better to buy term insurance, or whole life? Should you pay less and invest more, or choose insurance that pays your premiums back or holds value no matter how long you live?
Few people will go through life without buying insurance of one kind or another. But there are so many different varieties, and so many things to consider, you need a guide to the essentials.
Allison Nichol Longtin and her husband were united in their love of planning and making plans work. And yet, they didn’t have a plan for the worst-case scenario. When he died, there was no will. But there was life insurance.
Knowing how much you need to save based on how old you are now can start you on the path to help you reach your retirement goals. There are a few simple formulas that you can use to come up with the numbers.
Without a doubt, life insurance is valuable protection provided by your employee benefit plan, but should it be the only life insurance coverage you have? Probably not, if you want to ensure you have long term protection sufficient to cover all your family’s financial needs should you die unexpectedly.
SWPP helps families and business owners in Ontario with comprehensive estate planning.
SWPP’s Living Estate Plan service ensures Ontario families have an estate plan or living trust that protects their assets from unnecessary taxes and fees, including probate.
16 Industrial Parkway South, Suite 609, Aurora, ON, L4G-0R4