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Probate & Trust Administration Prince Edward Island
Can an Executor Sell a House Before Probate is Granted in Prince Edward Island?
💡In Prince Edward Island, an executor can legally list a house for sale and accept an offer before probate is granted. However, the closing date of the sale must be…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How Much Can an Executor Claim for Fees in Prince Edward Island?
💰Under the Prince Edward Island Probate Act, an executor (personal representative) is legally entitled to a fair and reasonable commission for their labour, which generally cannot exceed 5% of the…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How to Distribute Trust Funds to Minor Beneficiaries in Prince Edward Island
👧In Prince Edward Island, children under the age of 18 cannot legally inherit large sums of money directly. Any inheritance must be held in a trust account managed by a…
by lawyerinfo.ca
Jun 7 No comments
Making a Will & Power of Attorney Prince Edward Island
How to Choose an Executor for Your Will in Prince Edward Island
💡In Prince Edward Island, choosing an executor involves naming a trustworthy individual to pay your debts, file your final taxes, and distribute your assets. It is highly recommended to select…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How to Pay the Estate Debts During the Probate Process in Prince Edward Island
💳Before an executor can distribute a single dollar to beneficiaries in PEI, they must legally clear all of the deceased’s debts. This includes funeral expenses, CRA taxes, and credit cards.…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How to Apply for Letters Probate in Prince Edward Island
📄To apply for Letters Probate in Prince Edward Island, you must submit the original will, the deceased’s death certificate, and a detailed inventory of the estate to the Estates Division…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
What Are the Duties of a Trust Administrator in Prince Edward Island?
📁A trust administrator (trustee) in Prince Edward Island has a strict fiduciary duty to protect and manage assets for the beneficiaries. You must follow the exact instructions in the trust…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How to File a Final CRA Tax Return for a Deceased Person in Prince Edward Island
📝When someone passes away in PEI, the Executor must file a Final Return (Terminal Return) with the CRA. The deadline is typically April 30 of the following year, or six…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How to Handle Out-of-Province Assets During Probate in Prince Edward Island
🔑If an estate involves property outside of PEI, the original Grant of Probate from the Supreme Court of Prince Edward Island is not enough. You must apply to “reseal” the…
by lawyerinfo.ca
Jun 7 No comments
Making a Will & Power of Attorney Prince Edward Island
How to Make a Health Care Directive in Prince Edward Island
👨‍⚕️In PEI, a Health Care Directive allows you to write down your medical wishes and appoint a proxy to make healthcare decisions if you become incapable. You must be at…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How Do Beneficiaries Request an Accounting of the Estate in Prince Edward Island?
📊In Prince Edward Island, beneficiaries have the legal right to request a formal “Passing of Accounts” from the estate’s executor. This is a detailed financial ledger of every dollar that…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How Long Do Creditors Have to Claim Against an Estate in Prince Edward Island?
❗In Prince Edward Island, creditors generally have exactly 6 months from the date a Notice to Creditors is published in the Royal Gazette to file a formal claim against an…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How Much Are the Court Fees for Probate in Prince Edward Island?
💰In Prince Edward Island, probate court fees are calculated based on the total value of the deceased’s estate. As of May 2026, for estates valued over $100,000 CAD, the fee…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
What Assets Bypass the Probate Process in Prince Edward Island?
🔑In Prince Edward Island, assets like RRSPs, TFSAs, and life insurance policies with named beneficiaries, as well as real estate held in Joint Tenancy, bypass the probate process entirely. These…
by lawyerinfo.ca
Jun 7 No comments
Probate & Trust Administration Prince Edward Island
How Long Does the Probate Process Take in Prince Edward Island?
⏰In Prince Edward Island, receiving the Grant of Probate from the court typically takes 3 to 6 weeks after your application is filed. However, fully settling the estate-including selling property,…
by lawyerinfo.ca
Jun 7 No comments

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