Estate Settlement
SETTLING ESTATE
WHAT THIS INVOLVES?
It entails countless hours of searching, gathering, and contacting various government and private organizations to inform them of the passing of their dear one.
The task also involves completing benefit applications, applying for Estate Grants, and other fiduciary duties.
At Estate Aid, we help you lessen your anxiety and frustrations by guiding you through the estate settlement process and assist with gathering the relevant information required to settle your dear one’s estate easier, faster, and with care and value.
We also provide guidance with home renovation and estate sale.
WHY START SOON?
Take time to grieve, but don’t risk extra stress, costs, and complications with extended delay.
A probate court oversees the entire probate process.
executor
Services
we assist personal representatives: executors and administrators
GUIDANCE
We support you through the estate journey – from arranging for the funeral/memorial service to providing you with direction and access to information that can help you navigate this complex process.
The executor’s responsibilities can be demanding and daunting, but there is Light at the End of the Tunnel.
We listen to what you need help with, then come up with a plan of action to settle your dear one’s estate.
We develop a custom plan tailored to your situation. That includes a step-by-step guide and checklist of key tasks to accomplish.
What are your priority tasks, your duties and responsibilities, where to start, how to complete the tasks, who to contact, what documents are needed.
We also provide guidance with home renovation and estate sale.
DOCUMENTS
We assist in preparing documents for your review and signature.
Documents include Benefit Applications, Customized Letters, and Notifications to government and private organizations.
Applying for public and private benefits such as Canadian government and various other benefits.
Prepare notifications to
- Government agencies
- Private companies and other service providers.
- Home service providers, and more…
RESOURCES
If you are up to DIY tasks, you can prepare the deceased final tax return and estate grant application. This option would Save You Money.
If you are not up to DIY tasks and require help with legal or tax advice, we can refer you to a qualified professional who can assist you.
Probate is a process to obtain the court’s confirmation on the validity of a deceased’s final will under B.C. laws and to authorize the executor to administer the estate.
The grant of probate gives the executor the legal authority to act on the will and manage the deceased’s estate. It protects the executor against claims under a competing will.
Without a Grant of Probate, a deceased’s assets cannot be claimed, transferred, sold, or distributed.
The executor may also have to pay out of pocket for assets distributed if a claim is made later that the will is invalid.
The Supreme Court of BC requires a Grant of Probate or Administration submission for a deceased’s estate that exceeds $25,000 in value.
Generally, assets that pass outside the will, such as those held in joint tenancy or have a designated beneficiary do not form part of the deceased’s estate.
However, there may be circumstances where joint tenancy assets can form part of the deceased’s estate.
If you are not sure of your dear one’s estate value or what assets are subject to probate, we can refer you to a qualified tax and/or legal professional who can assist you.
Estate assets worth less than $25,000 generally do not require probate.
However, certain agencies, and financial institutions may need a Grant of Probate or Administration before releasing a deceased’s assets to an executor or administrator for distribution to beneficiaries under the will.
Grant of Administration with or without Will Annexed
- Grant of Administration without Will Annexed (when the deceased has no valid will – intestacy estate)
- Grant of Administration with Will Annexed (when the deceased has a will, but no appointed executor or executor has renounced or passed on – partial intestacy estate)
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Disclaimer: The information in this section should not be construed as or relied upon as tax or legal advice. Individuals should seek the advice of a tax or legal professional to ensure that any action taken with respect to this information is appropriate to their specific situation.
What Others Say...
Testimonials
Service Was Excellent
Very thorough and meticulous. The communication was really good…keep up with your excellent work. I will definitely recommend you to all my friends.
APPROACHABLE, PROFESSIONAL & RESPONSIVE
They help clients navigate the estate settlement process in an efficient and cost effective manner.
They help clients navigate the estate settlement process in an efficient and cost effective manner.
Knowledge and Experience Exceeded Expectation
Customer service, performance, and pricing exceeded expectation.