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What is Probate And How to Probate a Will in Ontario - YouTube
Channel: Ira Smith
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my name is ira
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smith president of ira smith
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trustee and receiver inc and our
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companion business
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where we act as professional estate
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trustees
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smith estate trustee ontario
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today's brandon's blog is titled
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how long does probate take in ontario
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seven questions newbie ontario estate
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trustees
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are embarrassed to ask
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in this brandon blog brandon
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talks about how long propane takes in
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ontario
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and gives and frequently asked
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questions and answers that we find
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people ask us in our role as a
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professional
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estate trustee the reason why
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new estate trustees may be embarrassed
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to ask these questions
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is because they feel that since they're
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relatively educated person
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but they've never been in a state
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trustee before
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but they still should know the answer
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based on who they are
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and their education and they're somewhat
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embarrassed to ask the estate lawyer
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questions that they feel are simplistic
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and they should already know what the
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answer is
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but if you've never been an estate
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trustee before
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it's normal not to know
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a lot of things about that role
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so in this brandon log brandon talks
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about the role
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and issues surrounding probate in
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ontario
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i hope you can watch until the end of
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this video
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because i know you will get value from
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it
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[Music]
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so in the blog below brandon
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gives an introduction to the topic and
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then he starts answering
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the seven questions that we are most
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often asked
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the first one is what is probate
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in ontario and probate
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is simply the process of applying to
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court
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to get the necessary certificate of
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appointment
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of a state trustee to advise the estates
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court
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of the value of the assets
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that must be probated and
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to calculate and to pay the proper
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amount of
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state administration tax
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and getting that certificate of
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appointment of the state trustee
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is the proof and the state trustee needs
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to go to different third parties
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such as banks holding financial assets
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to be able to convey to sell assets
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to prove that you have the right to do
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that
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then brandon answers the question
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how long does probate take in ontario
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what will you
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need to apply how do you
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actually apply for probate
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third what is the probate certificate
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and is a probate certificate always
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required
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next
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after you get the probate certificate
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now what what happens
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how long does probate take in ontario
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for a large estate
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versus a small estate
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describes the new process in ontario
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for smaller states
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and then discusses how starting last
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october ontario began allowing
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probate applications by email
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and then brandon summarizes the whole
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topic
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so i hope you can read the entire blog
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down below
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because i know you will find it
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informative
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the ira smith team hopes that you and
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your entire family
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remain safe healthy and secure
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during this coveted 19 pandemic
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smith trustee and receiver inc and smith
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the state trustee ontario
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is fully operational both brandon smith
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and myself are available to answer
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any questions you might have about this
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brandon blog
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or anything else at all we are holding
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all meetings by telephone or video
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conference
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so if you have any questions whatsoever
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shoot us an email give us a phone call
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we would love
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to hear from you
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