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Estate planning, hope this helps
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Thud
Posted 4/6/2025 22:00 (#11178888 - in reply to #11177477)
Subject: RE: Estate planning, hope this helps


Near-north Ontario, French River
Maybe probate is different here in Ontario but after having gone through it with my brothers estate ( my sis and I were executors) its was a pretty painless and straightforward process. Maybe it helped that the only debt he had was a a vehicle loan with a small interest free balance. Essentially spent a couple hours with lawyers listing assets etc… filing the paperwork and then waiting for it to be approved. Granted our lawyers did all the filings but I don’t think we had 10-12hrs invested, mostly spent looking up equipment values, listing bank accounts etc. Going in I expected it to be a nightmare , but when it was done it was really nothing to lose sleep over. Biggest issue was delays in the approvals due to Covid backlogs.
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