• Stephen Lecce, MPP

Ontario Making It Easier and Less Costly to Manage Small Estates

February 12, 2021

The Ontario government is easing the burden on those grieving the loss of a loved one by simplifying the process to apply to manage small estates. The changes, which include setting the limit for a small estate at $150,000, will help people receive their inheritances faster and make Ontario's probate process for small estates simpler and more accessible. "Right now, the process to apply to manage an estate in Ontario is the same, whether the estate is worth $10,000 or $10,000,000. The process can be time consuming and costly, deterring people from claiming smaller estates - and that isn't right," said Attorney General Doug Downey. "To ease the burden on grieving loved ones and ensure fairness for everyone regardless of the size of an estate, the government is making the process to claim a small estate faster, easier and less costly for Ontarians." On April 1, 2021, Ontario is setting the limit for a small estate at $150,000 and removing the requirement to post a bond in most small estate probate applications. Introduced in the Smarter and Stronger Justice Act, these changes will make it easier to file a probate application for a small estate that may otherwise go unclaimed. Amendments to simplify small estate procedures will also help people confirm their legal authority to manage an estate faster while ensuring safeguards are in place to protect minors and vulnerable people who have an interest in an estate. "We have heard from people across Ontario that the justice system has grown too complex and outdated," said Attorney General Downey. "Now, more than ever, is the time to boldly press forward with changes that simplify processes and increase access to justice. Th