I'm not entirely sure how it all works in Canada. The policy is not with a proper insurance company, it's with a bank. The executor of the will has to meet with the bank to talk through stuff.

Well, when my grandfather passed away in 2011, his estate was split 4 ways between my 3 aunts and my mother and they reportedly needed to receive it in multiple different checks lest they want to pay taxes on it. My father, divorced from my mother, just passed in November and we're just getting around to settling his affairs. It's hard with the way of the world right now and us 3 living in wildly different locals and time zones and just want to do it right and get back to our lives. We're cordial and polite, we just don't have that sibling bond that most people do.

I've never inherited money from anyone before. My grandfather passed away and his estate went to my 3 aunts and mother and they reportedly needed to pay taxes on the earnings in Vermont, New York, and Connecticut. I'm not too close with them either, but it's what I heard. So with my father passing, I just wanted to make sure I wouldn't need to pay taxes on my part. 15k is a lot to me in my life right now. 15m would be the dream, though. Barely known family member passes and leaves you 15m, is that not what people fall asleep dreaming about?