Category: Wills

Avoiding Costly Money Mistakes for Your Loves Ones

What are the costliest money mistakes you can make? Forget about what happens to your money when the real estate and stock markets collapse. The biggest blunder is not having an estate plan. Why is that? Everything you worked for during your entire life can be wiped…
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The 7 Biggest Estate Planning Blunders

Problems can occur whenever someone else must try to interpret what you want done. If you don’t bother making an estate plan, the government will provide one by default. Their idea of what happens to your money leaves no room for your personal wishes, tax savings or…
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Do You Know the Important Difference in Your Estate Plan Between Wills and Trusts?

You know that everyone needs a will. But do you need trusts as well? Trusts can be created in your will and are useful for numerous purposes. You don’t have to be super wealthy or a rock star to benefit. Trusts can be used to benefit:• Minors•…
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Recent Last Will Cases in Ontario

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….
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What Kind of Wills Do You Get Without Proper Advice?

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…
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When You Prepare Your Last Will

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…
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This Is the New Standard Required to Contest Ontario Wills

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…
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What Are Your Legal and Moral Obligations?

Even if you can answer that question, you still have to make sure you provide adequately for all your dependants. What is adequate support? Likely only an estate lawyer or judge can answer that. And you don’t want to ask a judge. If you don’t provide adequate…
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Avoid this Stomach-Turning Estate Planning Mistake

Dying Without a Proper Will It turns people’s stomachs when I explain the costs and work that is needed when loved ones suffer from bad wills. Or, worse yet, when there is no will at all. This is mind-boggling to me. People spend money on their cell…
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Can Anyone Find Your Online Last Will?

Did you make your will during the pandemic? I recommend you locate the original will and review it. You may be surprised by the choices you made about who your beneficiaries and executors would be. Did You Make a Will Online? No one knows if your online…
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Older posts

“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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