Let’s look at the steps you need to take for your action plan. You can read my first part of this series here. You need to cover the unexpected and inevitable surprises that life throws your way. I have identified these steps everyone must take to protect…
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Would you like to make sure your loved ones are protected? What would it be worth to you if, no matter what happens, you had a detailed plan of action ready? Well, I will share this information with you here, at no cost. You can use this…
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You’ve heard that artist Prince died without a will leaving his loved ones to inherit his estate problems. Yes, he is the Prince famous with hits like Purple Rain who died April 2016. He left an estate that’s still open. His loved ones have spent millions in…
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Circle your answer and check for the correct answers below. “Executor” is the name of: a) a new planetb) a part of the brainc) a person named in a willd) all of the above Executors are Ontario estate trustees, estate representatives and fiduciaries named in: a) a…
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Ontario’s inheritance laws discriminate against common law spouses. You do not, by law, automatically inherit anything as a married spouse does when you partner dies. You and your partner must plan for your needs and to make a will. I’ll explain how you can fight back if…
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As an estate lawyer, I see people making mistakes. You can benefit from my experience and avoid problems. You need to avoid these money mistakes. Mistake #1 Never finding time “You can’t take it with you,” as the saying goes. Your loved ones need your will for…
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We live in unbelievable times. What can you do to avoid legal battles over your money after you are gone? I’ll give you some tips now. It is true you don’t need to use a lawyer to make your will. However, don’t assume any will you make…
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You need to understand these common terms. You will find them used in most lawyer-prepared Ontario wills. I’ll explain the difference so that you can understand why they are crucial to protecting your loved ones. Let me assure you with this tip when you make your will:…
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Happy December from all of us at Edward Olkovich Law PC!
What are the family law election rights? I’ll explain that in a moment. Here are some practical rules to help you if your married spouse has died. Rule 1 Only married spouses have Ontario family law elections. Common law spouses do not have such inheritance rights. Common…
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