Webster Dictionary(0.00 / 0 votes)Rate this definition: 1  Negative(adj) denying; implying, containing, or asserting denial, negation or refusal; returning the answer no to an inquiry or request; refusing assent; as, a negative answer; a negative opinion; -- opposed to affirmative.
Each province and territory is different and a chart of the court probate fees by province is shown at the end of this post. There is no fee or a very low fee for smaller estates. The areas of Canada that have a maximum fee are Alberta ($400) and Quebec ($65).
There are some financial advantages to giving it away while you are alive. Even though there is no inheritance tax in Canada, the general thinking is the estate does pay because it is faced with capital gains taxes on assets. At the time of death assets are considered sold and taxes owed on gains. Some provinces also charge probate fees of as much as 1.5% on an estate.