Probate Fee Calculator
Discover the precise probate fees for your British Columbia estate with our user-friendly BC Probate Fee Calculator. Simply enter the estimated gross amount of the estate to calculate the Probate Fees.
Enter the gross estate value.
Do not use commas.
BC Probate Fees: Calculations, Deductions, and Exceptions
Under British Columbia’s Probate Fee Act, probate fees are calculated based on the estate’s gross value at death, encompassing all real estate, personal property within BC, and intangible personal property regardless of its location. It is important to note that while mortgages registered against real property can be deducted from the estate’s gross value, unsecured debts like unsecured lines of credit and credit card debts are not deductible.
Also, if the deceased set up assets with named beneficiaries, such as life insurance policies, Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs), and Tax-Free Savings Accounts (TFSAs), they are typically not included in the calculation of probate fees. This is because these assets pass directly to the named beneficiaries outside of the will, and therefore, they are not considered part of the estate for probate purposes.
How much are probate fees in BC?
Probate fees in BC are calculated as follows:
- No probate fee for the first $25,000
- 0.6% fee for amounts between $25,000 and $50,000
- 1.4% fee for amounts exceeding $50,000
Other potential fees include a $200 court application fee for estates with a gross value exceeding $25,000. Executors and administrators may also require court-certified copies of the grant of probate or the statement of assets and liabilities, each priced at $40.
Simplify your probate process and ensure accurate calculations with the assistance of our experienced Wills & Estates team.
The content on this site serves purely as information and should not be considered legal counsel.