The Estate Blog - Edward Olkovich Law

5 Mistakes to Avoid in Your Will to Save Your Family Grief

Your will is a legal document that is subject to court review. Keep these points in mind when reviewing or making your will. 1. Comply with legal formalities for signing wills Each jurisdiction has different requirements for signing and witnessing wills. In Ontario, even homemade wills must…
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Why Is Estate Planning Like Pizza?

Ever tried to order a pizza from a menu with a choice of 1,000 toppings? Arugula, hot peppers and black squid ink crust. Wait, what was I thinking? That could never be a good choice. However, fear of making bad choices or estate planning mistakes is common….
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The Good, the Bad, and the Ugly

What’s the difference between a good, bad, or ugly estate plan? Your answer may differ if you are the person creating the disastrous estate plan or a victim of poor planning. If you are a victim of bad estate planning you have a different perspective. You could…
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How Do Estate Lawyers Charge?

How you will be charged can be based on these three factors: 1. Experience – expect specialists to charge more. They may identify issues quickly and in the long run, effectively save you time and money. 2. Complexity – more time is needed if you own a…
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Choosing Your Executor

Originally published by CARP Magazine at 50Plus.ca Sooner or later, you will need to name your own executor or act as one for your relatives. Your family’s wealth or your own inheritance depends on making the right choices. The executor is the estate’s legal representative. This person…
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Make Your Will Bulletproof

By Edward Olkovich, Originally published by CARP Magazine at 50Plus.ca Can you make your will bulletproof? You can avoid some dangerous traps when you make a will by learning some of the potential pitfalls and the reasons why you must keep your will up to date. You…
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Exercise Your Will Power

By Ed Olkovich, Originally published in DivorceMag You’ve worked hard all your life to provide the very best for your family, friends and community. How do you ensure this will continue? The answer is quite simple. Through a legal document — your will. Some things to consider:…
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Hold on, I’m Coming

“Life does not cease to be funny when people die any more than it ceases to be serious when people laugh.” – George Bernard Shaw The other day I was having a drink with my tennis doubles partners, Sam & Dave. We had finished a hard-fought match….
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10 Reasons Why Estate Planning Stinks

Here they are. Don’t worry, I will give you the antidotes in future posts: 1. Thinking about death It may be frightening, but it’s inevitable. So why wait? 2. Taxes Income, estate, and probate taxes…need I say more? You do not have too pay too much. 3….
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New Power of Attorney Guidelines are Designed to Prevent Fraud

When was the last time you looked at your power of attorney documents? Can you find the original signed documents? These legal documents give the person you designate as your attorney the power to handle your property. But beware of these new rules if you own real…
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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