Edward Olkovich was recently featured on an episode of the 3 Questions with Wayne Baxter podcast discussing 3 Questions Canadians Should Ask When Reviewing Their Estate Plan. Do you have questions about your estate plan? I have helped clients since 1978 plan their estates to protect their…
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10 Expensive Will Mistakes That Can Cost Loved Ones …and How to Fix Them
Here are ten expensive will mistakes that can cost your family in 2026. Find out how you can fix them and protect your loved ones and your money. Yes, I wrote the book, Estate to the Heart: How to Plan Wills and Estates for Your Loved Ones….
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Ontario’s Gift Law Could Cost You Thousands
Do you know the difference between legal and beneficial ownership? This post will summarize the difference. In Canada, there is a difference between legal and beneficial ownership. This is a distinction that can cost you. And it is real. This post is not legal advice which you…
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Why Making Your Will Is Crucial
Well-made wills are the best gift you can give your loved ones. I know this from my experience as a lawyer and author. Why is that? Because if you don’t make a will, the government will make one for you. They will not allow for variations or…
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Essential Skills for Ontario Estate Trustees: Navigating Your 3-Phase Process
As an Ontario estate trustee, you will be learning new skills. You may not be aware of how little you know about estate matters and taxes. However, the time you spend learning these skills in an estate administration is something that you are entitled to be compensated…
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What is an Ontario Estate Information Return (EIR)?
This post provides basic information about Ontario’s Estate Information Returns (EIR). Ontario executors must file provincial Estate Information Returns 180 calendar days after estate courts issue your certificate of appointment. Your duty is to comply with Ontario’s Estate Administration Tax Act. The government has a guide to…
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Ontario Probate Success – Your Essential Guide
If you apply for probate in Ontario, you will file an application for a certificate of appointment. This post outlines steps to prove who can deal with a person’s estate. It is for information purposes only and does not explain your legal duties as the estate’s personal…
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Ontario Estate Trustees Follow These Steps
As a first-time estate trustee or executor, you may feel scared by all your daily tasks. “What to do first?” is a common question. You worry you do not have any experience. But don’t worry; few people have executor experience. Besides, the laws keep changing and each…
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Essential Questions Every Ontario Estate Trustee Must Ask
You have been asked to be an executor of someone’s estate. You must have some information to get started. Here are 10 questions for which Ontario estate executors need answers. If you expect your executor to act promptly, collect answers to these questions for your Ontario estate…
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Take This Stress Test: Top 10 Triggers for Ontario Estate Trustees Revealed
Were you named as Ontario estate trustee or estate executor? You may think this is an honour, as most people do. You may have been asked if you would handle an estate for a friend or relative. The job of being an estate trustee is often thankless…
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