- Paperback
- Publisher: Self-Counsel Press (Oct 24 2003)
- ISBN-10: 1551804123
- ISBN-13: 978-1551804125
- Amazon Bestsellers Rank: #1,140,480 in Books (See Top 100 in Books)
- See Complete Table of Contents
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Product Details |
Product Description
Book Description
- Save thousands of dollars in legal fees - Probate an uncomplicated estate by yourself - Prove the legal validity of a will - Understand the process of distributing the estate
From the Back Cover
When you probate an estate, you prove by a legal process that a will has been validly made and executed. This may sound complicated, but it isn’t. It is actually possible for you, the layperson, to probate an estate —if it is not subject to taxes or other technical complications. Furthermore, you can save thousands of dollars in legal fees. This is no exaggeration, as a lawyer will normally charge 2% of the gross value of an estate for probate fees. This means that for a $100 000 estate, you would be charged a fee of around $2 000.
With this revised and updated guide, and the package of forms available from the publisher, you can successfully probate an estate yourself. Even if you are not planning to probate an estate, this book will serve as a useful guide in discussions with your lawyer.
Here are some of the topics that are explained in this book: - How you save money by doing it yourself - The power and duties of estate trustees - What forms are necessary and how to complete them properly - How to apply for and obtain a Certificate of Appointment of Estate Trustee - What all these documents and terms mean - The actual mechanics of probate procedure - How an estate is divided if there is no will - How to assess the value of the deceased’s assets - How to advertise for creditors - What to do about out-of-province assets - How to transfer the assets of the estate to the rightful beneficiaries - The rights of common-law spouses and illegitimate children - What to do after you receive your Certificate of Appointment of Estate Trustee - What benefits survivors are entitled to under the Canada Pension Plan
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