The Estate Blog

Explaining Common Will Clauses – Part 2

In my post, Explaining Common Will Clauses – Part 1, I covered some common legal terms used in wills. Janet now asks, “What is the difference between executor and estate trustee?” Executor or Estate Trustee? The gender-neutral term used today is estate trustee. For simplicity, the word…
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Explaining Common Will Clauses

Janet asked me, “We want a simple, one-page will, one that we can understand. Why can’t we get what we want?” Many people have wills that they do not understand. You may have read your wills and still be unsure of their meaning. A person’s level of…
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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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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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