Probate in Alberta
Probate is a process that verifies a will is real under Alberta laws. Whether a will needs to be probated or not depends on the agencies and financial institutions that hold assets within an estate – they may require that a will be probated before the assets are distributed or accessed by anyone. Probate is the procedure for:
- Formal approval of the will by the Court as the valid last will of the deceased; and
- Appointment of the person who will act as the executor of the estate
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Probate is the Court process that gives the executor the authority to act on behalf of the deceased.
Generally, you have to probate a will in Alberta if:
- There is no surviving spouse as a joint tenant.
- The assets, notably real estate, are in the name of the deceased only.
- There is a substantial amount of money in bank accounts and other investments.
Probate Process
When someone dies and leaves an inheritance, beneficiaries must go through Alberta probate by the Superior Court or by notary. The probate process in Alberta can be complicated and can take months or even years to complete. First probate forms must be completed, then the appropriate application is made:
- If there is a valid will the executor will apply for a Grant of Probate.
- If there is no will, the application will be for a Grant of Administration.
If the deceased didn’t live in Alberta at the time of death, the Grant of Probate isn’t done in Alberta. However, if the deceased owned property or other assets in Alberta, the grant will have to be re-sealed in Alberta.
How Can You Get Access to Inheritance Money in Alberta Quickly?
We can expedite the receipt of your inheritance funds, even prior to the completion of probate.
Opting for a probate advancement in Alberta can provide a rapid and secure method of accessing your inheritance. InheritNOW specializes in offering advancements for inheritances. Initially, our team of specialists thoroughly assesses the specific details of your inheritance before extending an advancement offer to you. It is essential to keep in mind that an inheritance advancement should not be regarded as a loan; rather, it enables the prompt delivery of your funds. No credit check is necessary, and there are no repayment obligations on your part. Upon accepting our proposal, you will promptly receive your inheritance funds, typically within a span of two days. We undertake the risk associated with waiting for probate closure and subsequently receive compensation directly from the estate as per our agreed terms. The process is designed to be both effortless and stress-free for you. You can expect expedient receipt of your funds while we bear all associated risks.
Advantages of an
Alberta Inheritance Advance
As a firm specializing in cash advances for inheritance beneficiaries, we are able to get your money to you within a couple of days. This gives you a range of benefits:
- You can complete the process quickly and easily by phone or online in as little as one day. That means you get your inheritance money fast.
- No risk of recourse for non-payment because there is nothing to repay. This is not a loan.
- Not dependent on income or credit. Your personal finances and credit history do not factor in, in any way, to your inheritance advance.
- No hidden fees or monthly payments. Our fee is paid by the estate when it closes, as agreed to. There are never any extra or hidden costs.
Get a Probate Advance in Alberta Today
Contact us for a free consultation to get started with your probate advance today using the form on this page.
