Discover the unique opportunities of segregated fund contracts.
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[1] In Quebec this person is called the life insured (”insured”) and the word ”annuitant” instead refers to the person who will receive any annuity payments while the insured is alive.
[2] The probate process and fees do not apply in Quebec. There is a verification process for non-notarial wills but not for notarial wills.
[3] In Saskatchewan, jointly held property and insurance policies with a named beneficiary are included on the application for probate but do not flow through the estate and are not subject to probate fees.