Estate Tax Alberta (Probate Tax)
Canada does not have estate or inheritance taxes (i.e., that are collected by the Canada Revenue Agency (CRA)). However, estate or probate fees are payable upon the death of a Canadian resident. These fees are collected provincially.
The fees are based on the net value of the estate. Each province has its own rates and terminology. For example, in Ontario it is called an estate administration tax, while in other provinces they are referred to as probate fees. These taxes or fees can vary considerably from province to province.
Alberta residents are fortunate because the probate fees in Alberta are amongst the lowest in the country, and the maximum is capped at only $525. Using an estate valued at $300,000 as an example, the probate fees in Alberta would be $525, unless the deceased owned assets outside of Alberta. In Ontario and B.C., the fees / tax on the same estate would be about $4,000.
Probate Fees in Alberta
|Net value of property in the estate||Fee|
|$10,000 or under||$35|
|over $10,000 but not more than $25,000||$135|
|over $25,000 but not more than $125,000||$275|
|over $125,000 but not more than $250,000||$400|