Probate in Ontario is the legal process that validates a deceased person’s will and authorizes the executor to administer the estate. This process ensures that the deceased’s assets are distributed according to their wishes, debts are paid, and any disputes are resolved under the supervision of the court. The probate process begins when the executor files an application with the Ontario Superior Court of Justice, which includes submitting the original will, a death certificate, and other required documents. Once the court grants probate, the executor gains the legal authority to manage the estate, including collecting assets, paying liabilities, and distributing the remaining assets to the beneficiaries.

Steps and Costs Involved in the Probate Process

The probate process in Ontario involves several key steps and associated costs. Initially, the executor must gather all relevant documents, including the will and a detailed inventory of the deceased’s assets and liabilities. The next step is filing the application for a Certificate of Appointment of Estate Trustee, which can be a complex task often requiring legal assistance. Executors should also be aware of the probate fees, which are calculated based on the value of the estate. As of 2024, the fees are $15 for every $1,000 of the estate’s value over $50,000. Additionally, there may be other costs such as legal fees, appraiser fees, and expenses related to settling the estate. Executors must maintain clear records of all transactions and may need to provide periodic updates to the beneficiaries and the court. Understanding these steps and costs can help executors navigate the probate process more effectively, ensuring that the estate is administered smoothly and in accordance with Ontario laws. probate ontario