As I have written previously, British Columbia ’s new
Wills, Estates and Succession Act will come into force on March 31, 2014. This
legislation overhauls B.C.’s succession laws.
But the provisions allowing for a simplified procedure for
the administration of small estates are not coming into force on March 31, 2014.
Sections 108 through 120 of the Wills, Estates and Succession Act set out a
simplified procedure for executors or others who wish to administer a small
estate to do so after giving notice to beneficiaries and others with an interest
in the estate, and then filing a declaration with the court. If the estate is under a
certain value (which would be set out by Regulation), a person could act as the
deceased’s personal representative on the basis of the declaration and would
not be required to apply for a grant of probate or letters of administration.
The idea is to provide for a simpler and less costly procedure in cases where
the value of the estate may not warrant the expense and complexity of an
application for probate or letters of administration.
I don’t know whether these sections will come into force at
a later date, or if they will come into force at all.
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