Author: Ed Olkovich

Family Says It All When You Name Your Ontario Executors

Should you always name family as your executor? That depends if your family is capable. You may also want to reconsider using family as executors if they: can’t be trusted to get along are stepchildren from other relationships struggle with financial difficulties live out of the country…
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What Happens When You Choose the Wrong Ontario Executor?

You don’t want to choose an executor like Terrible Tony. Tony was his Uncle George’s executor. Tony arranged his uncle’s funeral and lavish reception. He bought a burial plot with an expensive headstone. This was despite everyone’s protests. Uncle George’s sister, Alice, said, “My brother wanted to…
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How Ontario Distributes Estates Without a Will

My last post gave you tips on handling Ontario estates if there is no will. These are intestate estates. Guess who shares when there is an intestacy? What you learn may encourage you to sign your will. Here is a Simple Example of an Intestate Distribution: When…
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Executor Roadmap: Paying Everyone in The Estate

This is the third and final stage of the Executor Roadmap. Read stage one and stage two.  Step 7: Pay all bills before distributing estate assets. Executors are personally responsible to pay all creditors from estate funds. Income tax clearances protect you from personal liability. Tax returns…
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The Executor Roadmap

Your Simple Guide to Avoiding Costly Mistakes on Your Estate Journey The Executor Roadmap helps you reduce stress, focus your time and efforts. Handling another person’s money puts tremendous responsibility on you. Take heart. Most executors have no experience. But you need professional guidance to complete your…
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What to Expect When You Probate Ontario Estates – Part 2

This is a continuation from Part 1, which you can read here. Estate Court Probate Process The estate court staff review estate court applications. They check for issues and can request extra materials. If mistakes or incomplete information are filed, the process can be delayed. Original documents may…
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