The Estate Blog - Edward Olkovich Law

5. Business Comes Before Pleasure for an Ontario Executor

If there’s an active business to wind up and sell, will you be up to it? As executor, you can be caught in the middle of a shotgun clause in a shareholders or partnership agreement. Will you be able to handle the stress and get the best…
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4. Foreign Assets Can Become Your Ontario Executor Headache

Wouldn’t it be nice to travel to the Caribbean? What if the estate contains assets in another province, state or country? Is There a Will for Foreign Assets? Will you have the time and ability to manage assets in another jurisdiction? You may not be familiar with…
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3. Investments and Commercial Real Estate

If there are investments, you will need to prepare a prudent investment plan. If not, you could be held liable for losses on any stock portfolio. You must obtain a proper rate of return on estate investments. Don’t think you can just sell the stocks and put…
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2. Real estate is always an executor headache in Ontario

As executor, you have to keep real estate insured with fire insurance at all times. This makes you responsible to carry out inspections to protect yourself from liability. What if a pipe bursts in the house and floods a neighbour’s property? You could be sued if proper…
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1. The estate is broke.

Consider this: if you are an executor with any of these headaches, you need expert estate advice. The estate is broke. If there are more liabilities than assets, think twice about getting involved. There may not be money to pay your fees or even lawyers’ fees to…
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These 10 Ontario Executor Situations Can Keep You Up at Night

Did the pandemic make you an Ontario executor? My condolences are in order if you have lost loved ones. Are you feeling lost? Read my free report Suddenly You’re An Ontario Executor available here as you start your Ontario executor journey. I’ll be writing about problems that…
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Need to Probate an Estate – Start Your Ontario Executor Journey Here

Kathy had always been told she would be her aunt’s Ontario estate trustee or executor. Kathy was too shy to ask where her aunt’s original will was stored. Then Kathy got a nasty Boxing Day surprise. Suddenly, her aunt passed away and Kathy could not locate the…
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Can Handwritten Notes Be Valid Ontario Holographic Wills?

This is how it happened: Martin’s uncle sent him an email saying he was going to change his will. Uncle Ted told Martin he would change his will beneficiaries and wanted to leave Martin his condominium. Uncle Ted said he would see his lawyer and make sure…
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How Can Wills be Made in the Future?

Can you make your will with Alexa or Siri? Artificial intelligence may take over our lives. Voice activated search may eliminate smart phones and keyboards. Voice activated technology has already intruded our privacy and homes. The answer is ‘No’ to electronically signing wills when it comes to…
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Can You Dictate Your Last Will with Google?

You are brushing your teeth in the morning when it happens. You recall your daughter, Sandra, did not call you on your birthday yesterday. Your blood begins to boil. AGAIN. You know this may be petty. But despite your attempts to control your parental anger, you say…
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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