Learnt something new - Trust vs Will

Was reading a book lately, it touches on the difference of Trust vs Will.

Now I know why my boss has Trust and not Will. There's a probate fees on Will, but not on Trust.. But then the tax implication on Trust and Will I think is different. Need to find out too... hmm...

For my own reference later on (I tend to can't find it back from Favorite folder if I saved it as Favorite, don't know why... I am very disorganized:)):

Probate Fees

The provinces each have different fee structures.
In British Columbia, the basic fee payable for commencing the application for the grant is $208.
The basic fee is waived if the value of the estate* does not exceed $25,000. The $25,000 threshold is calculated based on the value of all the property of the deceased situated in British Columbia.
In addition to the basic application fee, there is a requirement that the following fees be paid:

1. $6 for each $1,000 or part of $1,000 of the value of the estate in excess of $25,000, up to $50,000, plus
2. $14 for each $1,000 or part of $1,000 of the value of the estate in excess of $50,000.

For Example:
If an estate has a gross value of $214,500, the total fee payable will be:

Basic Fee	$208.00
Additional Fee
($50000 – $25,000) / $1,000 X $6	$150.00
($215,000 – $50,000) / $1,000 X $14	$2,310.00
Total	$2,668.00

*The “value of the estate” means the gross value of
(a) the real and tangible personal property of the deceased situated in British Columbia, and
(b) if the deceased was ordinarily resident in British Columbia immediately before the date of death, the intangible personal property of the deceased, wherever situated, that passes to the personal representative at the date of death.
The probate fee rate is the rate in effect when the grant is issued, not the rate in effect on the date of death, nor the rate in effect on the date when any additional filing fees are paid.

Source: http://www.bcheritagelaw.com/legal-services/estate-law-information/estate-administration/probate-fees/