The purpose of Probate is to let the court verify the Will.
Unfortunately, Estates bring out the worst in many families. It is
important that the Will of the deceased be reviewed by someone impartial
in order to verify that it is a legitimate Will and that the party
applying to administer the Estate is the proper person.
Similarly, with intestate matters. Only certain people are eligible to
apply for Administration, and they have to have the approval of anyone
with an equal right to be and Administrator.
Manitoba just stopped collecting court filing fees for Estates. Prior to
that it was $7 per $1,000 of asset value, so a little under 3/4 of 1%.
RB
On 15/11/2020 6:56 PM, Curt Raymond via Mercedes wrote:
Probate is such a scam. When my uncle Reg died it took like 3 years to get
everything distributed even though nobody challenged anything.
As far as I can tell the whole probate process exists to enrich probate lawyers.
-Curt
On Saturday, November 14, 2020, 7:31:25 PM EST, OK Don via Mercedes
<mercedes@okiebenz.com> wrote:
When my father died in 2012, I was the trustee. Probate took a little more
than a year before I could disburse the funds to my siblings. The lawyer
who helped us with the probate process (an old friend) recommended that we
get a trust in place to save our kids from the probate hassle. even with
the "old friend" discount, getting a trust in place, turn-key, with another
lawyer cost almost exactly the same as the probate process, and it's all
paid in advance - no cost to our kids to execute the instructions in the
trust - even the lawyer is paid for, should he be needed. I thought it was
a heck of a deal.
On Sat, Nov 14, 2020 at 5:55 PM Scott Ritchey via Mercedes <
mercedes@okiebenz.com> wrote:
Thank you all for your kind thoughts.
Peter, good idea on the trust. My mother did that and it might make sense
for me too.
-----Original Message-----
From: Mercedes On Behalf Of Peter Frederick via Mercedes
Sent: Saturday, November 14, 2020 4:53 PM
To: Mercedes Discussion List <mercedes@okiebenz.com>
Cc: Peter Frederick <psf...@earthlink.net>
Subject: Re: [MBZ] OT: A Life Lesson
So sorry to hear about your wife's passing. It's never fun. My Mom is
almost 97, so it's only a matter of time.
I recommend talking to an estate attorney once you have things settled. It
is far better to have a trust set up than to go through probate, to say
nothing of less expensive. There are also advantages if you need home
health care in the future. A friend of mine had one heck of a time when
her
father passed away (an estate attorney who didn't set up his own....) and
got everything put the way she wanted it. When she unexpectedly passed
away
5 years ago everything went fine other than the fact that we all lost her.
Peter
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