Category: Powers of Attorney

5 Tips to Protect Yourself with Powers of Attorney

You need to sign power of attorney documents to be protected. Here are a few things to remember about powers of attorney (POAs): 5 Tips to Remember Want more information? Need help understanding powers of attorney? Contact me for a meeting. Take advantage before fees increase. I…
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Powers of Attorney Essentials You Need to Know

Do you want the government managing your finances? You’ll need powers of attorney to protect yourself. You must designate, in writing, persons to act as your agent. In Ontario, there are two kinds of powers of attorney. Powers of attorney name substitute decision makers to handle a)…
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If You Are an Ontario Attorney for Property, These 3 Mistakes Can Cost You Money

The other day, a client asked me if a nephew who was 19 years old could be appointed as an attorney for property. Here is my answer. The minimum age requirement for attorneys for property in Ontario is 18. However, you must confirm that the attorney is…
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Conversations on Aging: Tips to Have This Talk Sooner Than Later

Everyone needs to have these three conversations with their loved ones: Valuable information on these three topics was delivered at a recent presentation hosted by St. Joseph’s Toronto Health Centre Foundation on aging. The presentation, What Does it Take to Age in Place? was part of a…
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Before The Unexpected Happens, You Can Protect Your Money While You’re Alive – Part 2

Read Part 1 of this post here. Your attorney is a person you name in a power of attorney document as your substitute decision maker for property. Your attorney is not a lawyer. The term attorney refers to the person who is your agent. You are the…
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Ontario Powers of Attorney for Property Summary

Will you become a victim because you don’t have a power of attorney (POA)? Powers of attorney are straightforward legal documents. However, in the wrong hands, they can become dangerous. I’ll clear up some essentials on powers of attorney for property. Power of Attorney for Property Essentials…
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Using Powers of Attorney for Property in Ontario

“What do I need to know about using powers of attorney for property in Ontario?” Dorothy was asking this question sitting in my Toronto law office. Dorothy needed to act under a power of attorney (POA). “What is the law in Ontario?” she asked. “Let me give…
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Ontario Power of Attorney for Property Options under the Ontario Substitute Decisions Act, 1992

Imagine Kevin, a scruffy-looking fellow walks into your bank on a Monday morning. He tells your bank manger he needs to use your Power of Attorney (POA). He wants to move all your money into his own bank account. He says he needs to do this immediately….
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Attorney in Ontario – Record Keeping Responsibilities

Clients who act for a person under a power of attorney must keep records. How long must attorneys keep their accounts and records? The deadlines under the regulation for retention are set out here: Substitute Decisions Act, 1992 Regulation 100/96 6. (1) Every attorney and guardian shall retain the…
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Powers of Attorney – Your Golden Opportunity to Control Your Money

Last week, I appeared on television as an expert on powers of attorney. I’ll tell you about the show in a moment. First, I want to give you the three key benefits of having powers of attorney. Remember these benefits for yourself and your loved ones. Powers…
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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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