Category: Canada

Expenses such as interest costs, utilities, property tax, repairs and renovations can be deducted, according to the Canada Revenue Agency (CRA). What expenses can an estate deduct? In general, administration expenses deductible in figuring the estate tax include: Fees paid to the fiduciary for administering the estate; Attorney, accountant, and return preparer fees; Expenses incurred […]

Because each estate is different, there is no hard deadline or time limit. The estate settlement process can take longer if the estate is complicated, or if issues arise (e.g., a challenge to the validity of the will, or a wills variation claim by a disappointed beneficiary). How long does an executor have to settle […]

The will must be written in a physical form – that is, on paper, rather than just being in a digital or electronic format. Your must be over the age of majority and you must be of sound mind. (Underage people can create a will if they are married, have children, or a member of […]

The short answer is, no! You do not need to have your last will and testament notarized for it to be legal. It is a common misconception that you need a lawyer or a notary to make a legally-valid will in Canada. What are the requirements for a will to be valid in Canada? At […]

Financial costs for challenging a will Generally, the loser in the estate dispute ends up paying some of the winner’s legal costs. However, litigants should keep in mind that it is rare to get 100% recovery of their costs and that the judge can apportion costs as they see fit amongst the parties involved. How […]

In Ontario, for example, the probate tax is 1.5 per cent for assets over $50,000; in B.C, it’s 1.4 per cent and in Nova Scotia it’s 1.7 per cent. How much is probate tax in Canada? To give a sense of the amount, here are the current probate fees for all the provinces and territories […]

A deed is a written document which is executed with the necessary formality (that is, more than a simple signature), and by which an interest, right or property passes or is confirmed, or an obligation binding on some person is created or confirmed. What is the purpose of a deed? A deed is a legal […]

Canada arable land for 2018 was 38,687,000, a 0.46% increase from 2017. Canada arable land for 2017 was 38,509,000, a 0.05% decline from 2016. Canada Arable Land 1961-2022. Similar Country Ranking Country Name Hectares New Zealand 491,000 Ireland 451,000 Switzerland 398,139 How much of Canadian land is arable? Arable land (% of land area) in […]

Co-ownership housing is a shared living arrangement where two or more people own and live in a home together. Co-owners may share living spaces like kitchens and living rooms, or the home may be divided into separate units. Can 2 people buy a house together in Canada? Ownership as a group of individuals Every co-owner […]

You Can’t Ship Perfume or Cologne Internationally Since they are considered flammable hazardous materials, USPS strictly prohibits the international shipment of liquid fragrances. Can you ship perfume from Canada to us? Any fragrance item containing alcohol can only ship domestically and cannot ship internationally because of USPS restrictions. If there are more than 4 ounces […]