Ontario's New Probate Procedure For Small Estates - Family and Matrimonial
3 The key changes to the Estates Act are discussed below. A "Small Estate" is Set at $150,000 A "small estate" will mean an estate that does not exceed $150,000 in value. It should be noted that the introduction of small estates will have no impact on the calculation of the Estate Administration Tax (often called, "probate fees") under the Estate Administration Tax Act 4 and the filing requirement of an Estate Information Return within 180 days following the grant of probate. Simplified Probate Process for Small Estates A new probate proceeding for small estates will be available to Estate ...
Source: mondaq.com