Probate tax planning

comments (0)

Probate tax, or as it is now called, the “Estate Administration Tax Act”, is a strange tax indeed.  Unlike the federal income tax, the provincial land transfer tax act, or most intelligently designed tax regimes, probate tax can be avoided with impunity.  Sort of like a toll bridge parallel to a free bridge.  Take the free one!  Probate of a will is not always necessary.  Probate tax is only payable if the will needs probate.  So arrange your affairs so probate won’t be required to deal with your assets when you die.  There are a number of techniques which we can discuss. Allen_Allen_probate_cost_memo.pdf

Comments

There are no comments for this entry yet.

Post a Comment

Thank you for your comment. Comments are moderated.

name
email
comment
	notify me of follow-up comments?
	submit the word you see