Category: Executors

Executor Compensation – Is It Worth It?

“Compensation for your time and trouble” is what the law calls your fee as estate executor. You can probably figure your time is productively worth $150 or $200 an hour back in the office. You need that to cover your overhead. Well, you won’t get paid by…
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Executors: Are You Ready?

If you are a professional advisor, you must say “No” to any client who wants you to be their executor. There are many reasons for this. I will cover them in the next couple of posts. You may not know what dangers lie ahead. You may not…
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Executors: Do you Really Want the Risk?

You are the advisor to Janet and her family. She has trusted you for a number of years. No surprise to you she asks you to be the executor of her estate. How should you respond? Here are 3 things to consider: Does your relationship give you…
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Is There a Cure for Executor’s Disease™?

Do you play any sports? Maybe golf, tennis, or soccer? Each sport is played with a different set of rules. Unless you understand the rules, you cannot win. Similarly, you must understand the rules for protecting your money and family. Unless you understand the fundamentals, you will…
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ABA Estates and Trusts Symposium, Washington, DC 2011

I just got back from the ABA Spring Trusts and Estates Symposium. What a wonderful city. Everyone we met was friendly. My wife and I were walking on the street when she noticed she had lost her umbrella. A woman passing by overheard us talking. She stopped…
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How Estate Smart Are You? Part 2 of 2

Welcome to Part 2 of How Estate Smart Are You? Test yourself by selecting True or False for each question. Read the answers below. 6. I can change my will by initialling the changes on the original documents. True □ False □ 7. My spouse…
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Are You a Parent Without a Will?

You can use this easy bucket list of estate planning tips. Are you a parent that worries like Sarah, Connie or Steve? Sarah and her husband are taking their first break away from their 5-year-old twins. The parents have no wills. Connie is taking a retirement cruise…
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Executor Dictionary of Terms – Administrators: Intestate or without a Will?

Allison was 35 and engaged when she passed away in a car accident. A successful business owner, she was too busy planning a wedding to worry about estate planning. Yet her family wished she had made a will. Allison had no will and no executor. Only next-of-kin…
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A Series on Executor’s Disease™ – It’s Always About the Money

I am going to talk to you about money. Money is what people fight over. Sure they may use other excuses, but what everything boils down to is money or what it represents. My perspective, as a lawyer, is different. I do estate planning but also help…
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Use the Executor Mantra to Reduce Stress

Being an estate executor is stressful. Many people feel overwhelmed when suddenly they must take charge of an estate. You can easily make mistakes before you understand what’s involved. But now I can show you a new, stress-free way to succeed as an executor. Of course, you…
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“I want to thank Ed and his firm for getting me through a very difficult time. He was recommended to me by another lawyer and I am grateful for that recommendation. Ed kept me grounded, listened to me, counseled me and supported me. I do so appreciate that. And he is worth every penny. Thank you!” - Claudia R, Toronto

“Thank you for your professional advice and lawyering while I was planning my will, all accompanied with your patience and a sense of humour.” - Valerie G, Toronto

“Ed is a "straight shooter" who tells it like it is and helps you make the best possible decisions in your circumstances. I've personally seen the "magic" he can work in an estate and recommend him without reservation to anyone who wants an iron clad will or estate advice and management that saves money, frayed nerves and friendships.” - Jim R, Burlington

I have used Edward Olkovich for my own Will and I was the executor of my Brother-in-law’s will. My brother-in-law had a terminal illness and Edward had us devise his Will to minimize taxes and problems. Ed is located locally @ Jane and Bloor. He was very knowledgeable, friendly and thorough and has written many books on the subject. - Belinda M, Toronto

Ed is a thorough, responsive estates lawyer who I would recommend to anyone when needing a will or dealing with estate issues. - Eva S, Toronto

Dear Ed and “Team Olkovich” “Thank you for your knowledge, expertise and hard work to make our executor duties (almost) stress-free. Will miss the laughs and stories you tell so well. All our appreciation always!” - Pat, Dave & John, Toronto

Dear Ed, Thank you for all your wisdom and kindness throughout the process of settling Ann’s Estate. - Cheryl, Toronto

“The easiest professional I had to deal with to settle my parents’ needs was Ed. I told him what we needed. He was gracious with his advice and help - without delaying matters.” - Iain N., Toronto

“Magic! The guy knows magic!” - Steve G., Toronto

“In the land of estate law, Ed is King.” - Cheryl W., Toronto

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