Is Probate Required in Ontario?
Is probate required in Ontario? Whether probate is required depends on the type, value, and ownership of the assets in the deceased’s estate.
December 18, 2025
Is probate required in Ontario? Whether probate is required depends on the type, value, and ownership of the assets in the deceased’s estate.
Probate is required in Ontario when a financial institution, land registry office, or other authority needs legal proof that a will is valid and that the executor has the right to act on behalf of the estate.
How do family trusts work in Canada? A family trust is a legal structure that lets you move assets such as investments, businesses, or real estate into a separate “container” that you control for the benefit of your family.
Canada doesn’t have an estate tax or inheritance tax. But that doesn’t mean your estate avoids tax. When you pass away, the Canada Revenue Agency (CRA) treats all your assets as if you sold them at fair market value on the day you died. This is called a deemed disposition, and it’s what creates most of the tax owing.
How much tax will my estate or beneficiaries pay on my RRSP when I die?
Your RRSP value is fully taxable in the year of death unless transferred to a spouse or dependent. For large RRSPs, this can push total income into the highest tax bracket, instantly wiping out nearly half the account value.
When you pass away, your RRSP is treated as if you cashed it out the day before your death. This is called a deemed disposition. The full fair market value of your RRSP is added to your final income tax return, which can create a big tax bill.
If you’re searching how to avoid probate in Ontario, you’ve probably been told that you need to get a trust. But this isn’t the best option for every situation. In fact, trusts are just one of a few strategies that you can use to avoid probate.
A capital gain happens when you sell or are deemed to have sold a property or investment for more than you paid for it.
How much is estate tax in Ontario? It’s important to know that while there is no estate tax in Ontario, there are probate fees and capital gains taxes upon death. This can add up to a significant tax hit when someone dies.
If you’re a business owner or own multiple properties, there are additional considerations that could significantly impact how much tax your estate pays and how efficiently your assets are transferred.