The Estate Blog - Edward Olkovich Law

What are some odd clauses that people put in their wills? Are they enforceable?

Find out with FP Answers here. Need answers? Call my office today or book a meeting. Estate law is all I do. Ed Olkovich

What’s the Big Deal About “Without Prejudice” in Mediation?

I hope you do not get into an estate dispute. Traditional estate disputes are slow and expensive. But court is not the only way of resolving estate lawsuits. Mediation is now used to resolve estate disputes successfully. This is the subject of my latest guide on how…
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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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Costly Mistakes Ontario Executors Must Avoid

Executors must not … Your Executor Duties Make You Responsible for Your Mistakes Handling an estate is complicated. Research proves that people don’t know what to do. Read my free report, Suddenly You’re an Ontario Executor. You will learn how to: · reduce the stress of being…
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5 Reasons to End Your Nasty Estate Disputes with Mediation

There are many benefits of using mediation to resolve estate disputes. Here are just a few that you may not know: If you are involved in an estate dispute, consider the advantages of ending your dispute by mediating. Are you tired of your estate dispute? Contact me…
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You Can Use Discretionary Trusts In Your Will for Those Who Cannot Handle Money or Have Special Needs

Some beneficiaries can’t handle their inheritance because of disability, financial recklessness, divorce or bankruptcy. If they are receiving government disability payments, their entitlement to benefits may be based on income tests. They may lose benefits if their income exceeds certain levels. These programs can provide housing, income,…
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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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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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How do I ensure there’s minimal litigation among my 4 kids upon my death?

Find out with FP Answers here. Need answers? Call my office today or book a meeting. Estate law is all I do. Ed Olkovich

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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