Death and taxes: How to navigate the probate process to keep tax costs in check

Author: External Author | Sep 23, 2020 | Categories: Accounting Firm , Accounting Services , Chartered Professional Accountant , Corporate Tax Services , Financial Statement Preparation , Income Tax Preparation , Personal Tax Services , QuickBooks Accounting , Small Business Accounting , Tax Accountant , Tax Planning , Tax Services

Probate is a legal process to confirm a will is valid and the executor can proceed with settling the estate and distributing the assets to the beneficiaries. It involves the payment of probate fees or estate administration tax to the provincial or territorial government.

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Original Article Source Credits: Financial Post , https://financialpost.com/

Article Written By: Jason Heath

Original Article Posted on: Mar 24, 2020

Link to Original Article: https://financialpost.com/personal-finance/taxes/death-and-taxes-how-to-navigate-the-probate-process-to-keep-tax-costs-in-check