There is a great deal of confusion about how to make wills. Clients are confused. They visit American estate planning websites where different estate and tax laws and are used. In some jurisdictions, digital wills are allowed. Here’s an example of what can go wrong in Ontario….
Read full article
From all of us at Edward Olkovich Law, best wishes for holiday filled with joy, love and countless blessings!
I know that being a first-time executor or estate trustee can be stressful. But I know it doesn’t have to be so. I wrote a free report to help you weather any estate storm. You need more than a checklist to guide you. I break down your…
Read full article
So, you think you can put whatever you want into your will? After all, it is your money, isn’t it? WRONG! Your executor/estate trustee must pay all your taxes. You need advice on taxes that are payable on death. During the pandemic, you may have bought online…
Read full article
I wrote a report to help you cope with the stress of being an Ontario executor. Being an executor is an honour, but it is also a job you may end up regretting. Most executors are inexperienced and learn on the job. You want to get advice…
Read full article
What’s your plan to protect your family’s money after your death? We all know family estate fights can start once you’re gone. It does not matter how much money is at stake. You don’t have to be rich to need a will. Wills help reduce taxes. Your…
Read full article
Powered by Westlaw Topical Texts and Annotations Emerging Legal Trends in Estates & TrustsLive Event Date: November 29, 2023Live Event Time: 12:00 PM ETHosted by Thomson Reuters As the population ages, we’re now on the cusp of the largest intergenerational transfers of wealth. Emerging as issues in…
Read full article
Here are factors courts consider before giving directions to contest a will. Courts have duties to the deceased will maker who is not before the court. 1. Personal DisclosureThe deceased person cannot argue against the release of their private medical, financial, or legal files (disclosure orders). Usually,…
Read full article
Are you thinking of contesting a will? Read this before you act. This is the background to a new trend in will contests. Courts will protect testators’ private lives, their estates and limited court resources. Fishing Expeditions Courts now require minimal threshold evidence to question a will’s…
Read full article
Henry signs his will and puts it into a sealed envelope. He includes a note to his executor, Nina. Henry’s note tells Nina to have the will witnessed. But by the time the envelope is opened, Henry has died. It is too late to have Henry’s signature…
Read full article
416 769 - 9800