Understanding the Probate Application Process in BC
Probate is the legal process of validating a deceased person’s will and confirming the appointment of the executor. A Grant of Probate from the British Columbia Supreme Court is at times required in order to begin administering the estate, managing assets, and distributing the estate according to the will.
At Alder Law, we assist with all aspects of your probate application, ensuring that the necessary documents are prepared and filed correctly and that all legal requirements are met.
When is Probate Required in BC?
In British Columbia, not all assets require probate. Whether probate is necessary depends on the type of assets, how they are owned, and the policies of financial institutions. Some assets, such as jointly owned property or those with named beneficiaries, can transfer directly to heirs without probate, while others, like real estate solely owned by the deceased, may require it.
Situations Where Probate is Not Required:
- Small Estates: If the total value of the estate is under $25,000, probate may not be necessary, though some financial institutions may still require it.
- Assets That Pass Outside the Will: Assets held in jointly (e.g., joint bank accounts or real estate) or those with a designated beneficiary (e.g., life insurance, RRSPs) pass directly to the beneficiary and do not require probate.
Situations Where Probate is Required:
- Solely Owned Real Estate: If the deceased owned land under the deceased’s sole name, probate is required to deal with that land, even if the estate value is below $25,000.
- Financial Institution Policies: Some banks, credit unions, or investment firms may require probate before releasing funds, regardless of the estate’s size or asset type.
At Alder Law, we can help you determine whether probate is necessary and guide you through the process of accessing assets.
Our Probate Services in BC
We provide experienced legal support to help you obtain the Grant of Probate and navigate any complexities related to probate applications.
Alder Law’s probate services include:
- Grant of Probate Applications: We assist clients with preparing and submitting all necessary documents to the BC Supreme Court to obtain a Grant of Probate, enabling the executor to begin administering the estate.
- Grant of Administration Applications: Where there is no will, or where the named executor(s) is unable to administer the estate, we assist clients with preparing and submitting all necessary documents to the BC Supreme Court to obtain a Grant of Administration.
- Handling Complex Probate Issues: If there are issues such as a will not meeting formal requirements, missing beneficiaries, or other complications, at Alder Law, we can help you secure the necessary court orders to move forward with the probate application in BC.
- Probate Court Filings: We handle all filings required for probate applications and guide executors through each step of the legal process to ensure timely approval.
- Guidance for Executors: Once probate is granted, we provide advice to executors on their duties, including managing estate assets and debt settlements.
Contact Alder Law for Probate Services in BC
If you are an executor, administrator, or beneficiary needing assistance with a probate or administration application in Port Moody, Coquitlam, Port Coquitlam, Surrey, Abbotsford, Langley, or throughout BC, Alder Law is here to guide you through the process.
Please call 604 936 9600, email [email protected] or fill out the contact form to get started.
Probate FAQs
1. What is the difference between Grant of Probate and Grant of Administration?
A Grant of Probate is issued when the deceased person has left a valid will and an executor has been named. This legal document authorizes the executor to manage and distribute the estate in accordance with the will.
A Grant of Administration is issued when the deceased did not have a valid will, or the named executor(s) in the will is unable to administer the estate.
2. How long does the probate process take in British Columbia?
The length of the process can vary depending on factors such as the complexity of the estate, the clarity of the will, and whether there are any disputes among beneficiaries or challenges to the will. Simple estates may be settled more quickly, while contested estates or those with more complex issues can take longer.