Estate Administration Tax (Probate Fee)

Fee payable on the “estate” to the court in the probate

• $5 per $1,000 for estate assets up to $50,000, 0.5%

• $15 per $1,000 for estate assets over $50,000, 1.5%

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Income Tax

Death triggers deemed disposition immediately before the death of the deceased’s estate at FMV

• Annual income

• Capital gain tax

• Tax on RSP & TFSA

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Legal and Accounting fees

• Executor fees

• Accountant

• Lawyer