Is probate an inevitable cost for a surviving spouse?
Callum Sutherland - May 19, 2021
Probate in Ontario is really called Estate Administration Tax (EAT), but everyone refers to it and knows it as probate. Probate is required if: a third party, such as a bank or other financial institution requests it; or legislation requires it be
Why is probate necessary?
Once you have a probate certificate, all third parties, banks and other financial institutions will know the court has validated:
- the will as the last valid will of the deceased; and
- the executor of the will.
In short, probate is a safety measure.