A Probate Tax is payable on the value of the estate for assets owned in British Columbia as follows:
- The basic fee payable for the application for probate is $200. This is waived if the gross value of the estate does not exceed $25,000
- For the first $25,000-$50,000 in value, $6 for each $1,000 (or part of $1,000)
- For any value over $50,000, $14 for each $1,000 (or part of $1,000).
This equates to approximately 1.4% of the value of the estate (gross).
Legal Fees to probate an estate are additional and vary depending on the complexity of the estate.