Probate and Estate Services
At Basic Funerals, we help families in their time of need. After the funeral is completed, our families frequently ask us what the next steps are. We recognized a need for estate assistance services, which fit the common sense model of Basic Funerals. Basic Estate Services was created to fulfill and service these needs of our families.
 |
Traditional Providers |
| Service provided |
Cost |
Service provided |
Cost |
| Opening Probate |
- Prompt service
- Flat fee, additional costs approved by client
- Free appraisals for real estate
- Lawyers review and file paperwork
|
$1,695 + HST |
- Lawyers provide service
- Work on a percentage of the estate
|
- 2.5% of Estate +HST
- Example - Estate valued @ $200,000, cost is $2,500 + $325 (tax) = Total of $2,825
|
| Estate Documentation |
- Examine 200+ categories for government & corporate benefits, international included
- Retire government docs, cancel all credit - eliminate identity theft
- Half hour meeting to collect info
|
$450 + HST
Flat rate - regardless of number of categories |
- Executor and next of kin rely on own knowledge
- Accountants and lawyers help at considerable cost
|
- Executor's time
- A lawyer / accountant charge $1,200-$2,000 depending on number of categories
|
| Tax Filing |
- Estate tax accountant consults and saves estate & benficiary taxes
- File for Certificate of Clearance
|
$300 +HST
Potential tax savings |
- Accountants or "one size fits all providers"
|
$500 |
| Real Estate (more info) |
- Real estate professionals experienced in estate appraisals, and obtaining max value
- Free appraisals for probate
|
1.45% |
- Real estate agentsnot experienced with estate requirements
- No free appraisals - $300 to $400
|
3 - 6% |
| Property Care & Cleanup |
- One source provider for property care services (seasonal maintenance, minor repairs, securing & checking property for insurance purposes, etc)
|
- Price dependent on services selected
- Free estimates will be provided
|
- Executor or remaining spouse coordinate multiple providers
|
- Time commitment to source and manage
|
| Auction |
- Items remain at location, minimize traffic in home
- Aggressive marketing, increased number of bids
- Online auction over multiple days
|
Greater of 28.5% or $950 |
- One day tag sales
- Auction house
- Donate to charity or garbage
|
- Less exposure, therefore less value
|
Estate Checklist
We have put together a helpful list of many phone numbers and standard items that usually need to be looked after when dealing with an estate. Please click here to view checklist.
We appreciate that you have trusted us to provide you funeral services and our hope is that we will continue to earn your trust by providing these additional services to you. Please contact us at 1-877-229-7077 to get started or for more information.