estate information return Archives

Ontario Executors Take Heart 

I  help Ontario executors avoid and resolve estate problems. I am starting a new series for my Learning Center to offer you valuable information.   Every estate is different. Each executor will face different estate problems.  You may deal with: disgruntled beneficiaries dad’s new wife business creditors mom’s new common law friend houses with hoarders legal challenges Estate assets may disappear…
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What to Expect When You Probate Ontario Estates – Part 2

This is a continuation from Part 1, which you can read here. Estate Court Probate Process The estate court staff review estate court applications. They check for issues and can request extra materials. If mistakes or incomplete information are filed, the process can be delayed. Original documents may…
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What to Expect When You Probate Ontario Estates – Part 1

This post explains part of the probate estate process in Ontario. It does not explain your legal duties if you are an estate personal representative, executor or estate trustee. You should obtain legal advice before you act as an executor or an estate trustee. The sooner you…
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Why Use Lawyers to Prepare Wills

Are you still struggling to make your will without using a lawyer? Think you can do it yourself using an online service. No lawyer is involved online to provide advice. There are only dangers, not advantages, of not using lawyers to make your will. Let me describe…
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New Rules for Wills and Estates 2016 Edition

Ed Olkovich, Certified Specialist in Estates and Trusts Law, will speak to the Toronto Chapter of the Chartered Professional Accountants on February 10th. Ed will discuss valuable tricks and traps on: dual will strategies for business owners new estate information returns probate tax penalties and enforcement Get…
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Tax Secrets for Ontario’s New Estate Information Returns – Part 1

Is there really a tax on dying in Ontario? New tax penalties may make executors feel that way. That’s why getting advice is more important than ever. Let me explain as I highlight the duties and risks under Ontario’s provincial estate tax rules. Executors need advice from…
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Tax Secrets for Ontario’s New Estate Information Returns – Part 2

Your duty as estate trustee is to provide values for all estate assets. The government can thus assess and audit the estate for provincial estate tax. Fair market value of estate assets is required as of the date of death. You must provide details for each category…
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Ontario Executors Require Answers to Questions: How long does it take to handle an estate?

How long does it take to handle an estate? Every estate is different. You should consult with a lawyer about your time commitments as executor. There is a rule of thumb called the executor’s year. This describes how long a beneficiary should wait for a distribution from…
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Do You Need to Probate a Will for Joint Assets?

I know people are paranoid about probate. If I mention the word probate, some people panic. So let’s have some calm for a minute. I’ll explain some new twists on the subject to save you worry and money. I had an email exchange with Ben, an accountant….
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Ontario Estate Information Return – 3 Things Executors Probably Don’t Know

Ontario executors now have new probate headaches. I’ll share 3 key tips that you and your estate trustee probably don’t know. These tips should help eliminate some probate panic. TIP #1 Estate Information Return (EIR) These forms are required for most estates after January 1, 2015….
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Older posts

“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

Edward Olkovich Law Certified Specialist, Estates and Trust Law

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