Regulation - LGIC
O. Reg. 110/21 under the Estates Act (Small Estates).
Regulation Number(s):
110/21
Instrument Type:
Regulation - LGIC
Bill or Act:
Estates Act
Summary of Decision:
This regulation was approved on January 28, 2021, and filed on February12, 2021.
Analysis of Regulatory Impact:
The regulation defines the value of a small estate for the purposes of probate and use of a simplified small estates procedure set out in the Rules of Civil Procedure. Defining the value of a small estate will not create any new administrative costs for businesses.
Further Information:
O. Reg. 110/21: SMALL ESTATES
Proposal Number:
21-MAG005
Posting Date:
Summary of Proposal:
MAG has filed Regulation 110/21 (Small Estates) to:
• Prescribe the maximum value of a small estate for the purposes of the Estates Act as $150,000.
• Prescribe the maximum value of a small estate for the purposes of the Estates Act as $150,000.
Contact Address:
Ministry of the Attorney General
Corporate Policy Unit
720 Bay Street, 7th Floor
Toronto, ON M7A 2S9
Corporate Policy Unit
720 Bay Street, 7th Floor
Toronto, ON M7A 2S9
Effective Date:
April 1, 2021
Decision:
Approved