We are one of the first people our members call during pivotal moments. When you're selling your home. When a loved one passes away. When you’re planning for your child’s education. When you need to take the next step. It’s our privilege to help you.
Download our free guide, complete with an executor duties checklist, to help you through the various steps involved in the estate settlement process.Download the Kit →
Sabrina has a long history in the banking industry and offers a wealth of knowledge in her field as our Estate Specialist. .Book an appointment with Sabrina →
Probate is a procedure to ask the court to either:
Probate fees, also called estate administration tax, are fees that are paid to the Ontario government. The amount of the fee is based on the total value of the property in your estate when you die.
A Certificate of Appointment (with a Will) or Certificate of Estate Trustee (no Will) must be received and approved before an Estate Account can be opened. Note that if there are two or more executors in the will they are required to act together.
We will respond to any requests from solicitors regarding deceased accounts; the letter is usually accompanied by a signed Letter of Direction from the executor authorizing the credit union to release information to the solicitor. We do not provide any information to a solicitor based on a verbal request from the executor. The request must come from the solicitor in writing.
Utility bills in the member’s name being paid from the deceased’s personal account (not joint) – currently all utilities, property taxes and other requests for payments (credit cards, rent, and mortgage/loan) are authorized on a case by case basis. Funeral expenses, and probate fees are allowed to be paid without prior authorization.
Discussing finances can sometimes be intimidating, but it doesn't have to be. PenFinancial’s team of Advisors will welcome you with a friendly smile and a solid plan, no matter what your financial situation is. PenFi’s dedicated team of Advisors boasts a wide range of skills, experience, and education to best serve you.
Let’s create a customized plan to help you achieve your financial goals.Book a meeting today →
Serving St. Catharines, Welland and Dunnville.
Serving Niagara Falls, Fort Erie and Fonthill.
Serving St. Catharines and Fonthill.
Serving Niagara Falls and Fort Erie.
Want financial services you can bank on? Send us a message or book an appointment online and we’ll have an advisor reach out to help you hit your financial goals.Book a meeting today →