Retroactively Rectifying Title Pursuant to Section 160 of the Land Titles Act
After someone passes away, the estate trustee will often apply for a certificate of appointment of estate trustee. While it is not technically mandatory to apply for the certificate of appointment in order to administer the estate, it is often a practical requirement in order to deal with certain types of assets.
Applying for the certificate triggers the requirement to pay estate administration tax on the assets of the Estate.
Even where it will be practically necessary for the estate trustee to apply for the certificate in order to administer the estate, there are certain ways you can structure your affairs to minimize the estate administration tax that will be payable.