One way to avoid probate is to have all assets in the names or more than one person as Joint Tenants. Joint tenancy allows for the passing of the asset to the ...

7 нояб. 2023 г. · Assets held in joint tenancy typically pass directly to the surviving joint owner without the need for probate and without paying probate fees.

Thanks to a recent change in BC's estate laws, business owners can now reduce the amount of probate fees payable by their estate by utilizing a second will.

26 окт. 2021 г. · How Can You Avoid Probate in British Columbia? · Designate beneficiaries for retirement plans (RRSPs, RRIFs, and TFSAs) and any life insurance ...

Make sure you have a will – Probate fees will be applied automatically if you die intestate (without a will). · Gifting prior to death – this can reduce the ...

24 мая 2023 г. · A strategy to avoid paying some probate fees is to make multiple Wills. One Will – the probate Will – would capture and govern all assets that require a grant ...

FOUR WAYS TO AVOID PROBATE · GET RID OF ALL OF YOUR PROPERTY · USE JOINT OWNERSHIP WITH RIGHTS OF SURVIVORSHIP OR TENANCY BY THE ENTIRETY · USE BENEFICIARY ...

29 февр. 2024 г. · How to avoid probate fees in BC · Make a will: Without a will, the probate process is almost guaranteed because the courts must get involved to ...

The use of multiple Wills to avoid probate fees is an accepted estate planning strategy recognized by the Courts in Ontario and British Columbia.