Category: Wills

Avoid Expensive Will Mistakes

Most people want advice. They already have too much information and need help making better decisions. You need to do some homework to make your will. Get a referral to an experienced estate lawyer from professionals you already know and trust. I have written numerous easy-to-read books…
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Wills: Should You Do It Yourself?

Are you tempted to use a kit to create your will? The danger with will kits is that they claim to be "legally approved." Well, that's hardly accurate. Only lawyers can express a legal opinion on a will after you sign it. Will kits or computer programs…
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10 Reasons to Make Changes to Your Will

If you have a will, here are some reasons to update it: 1. You divorce, separate or cohabit with a new partner. 2. Children are born, adopted or you need new guardians. 3. You now have grandchildren or stepchildren. 4. A person named in your will becomes…
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Are You at Risk?

Your loved ones could be at risk. Use this checklist to make sure you have protected them. Answer each question with a "yes" or "no" response. 1. I have a written plan to protect loved ones if something happens to me. 2. I have named executors plus…
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Ask Ed: When Estate Planning Clients Disinherit

Mary wants to cut out a niece from her will. Is this a simple matter? According to Mary, it is a simple change. She can prepare a one page document herself and have her neighbours sign as witnesses. Is she correct? What would a lawyer do when…
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Ask Ed: Estate Planning Dangers When Codicils Change Wills

Submit your estate questions here. I will select and answer them on my blog. I will not mention names if you wish to remain anonymous. Advisor Question: Clients ask what’s involved in updating or changing a will. It should be an inexpensive and simple process, right? Ed’s answer:…
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Ask Ed: Estate Planning Will Problems

Advisor’s question: When my client died, she no longer owned the stocks named in her will. What happens to the gift? Ed’s Answer: It depends on the wording of the will. In many cases, the gift is said to have adeemed. That means it is lost. For…
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When Should I Change My Will?

1. If you marry after the date of your Will, it will, in most cases, be automatically revoked. You should consult me or another lawyer again. 2. The following are some of the events that might occur, requiring you to mention them to me, or any other…
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Prevent These Costly Will Errors – Webinars on Wednesdays

Here’s a preview of these estate planning mistakes you want to avoid. 1. Make sure your will is current If your will is not up to date, it can be more expensive to deal with your assets after you’re gone. Changes in your relationships, beneficiaries, or assets…
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Why Estate Planning Mistakes Happen

Clients often do not get proper advice. This can happen when they make their own wills. They do this because they wrongly think: all lawyers are the same lawyers are not necessary a simple online will form is all they need they are not rich and don’t…
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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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