executor duties Archives - Edward Olkovich Law

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…
Read full article

Stop Estate Beneficiary Costly Mistakes

Jonathan called me because his uncle Peter died. “What rights do I have as a beneficiary under Peter’s will? When do beneficiaries need to get legal advice?” “This is a common question when someone dies,” I said. “Your legal rights depend on if you are named in…
Read full article

Executor Checklist to Sell Ontario Estate Property

In many estates the house may be the most valuable asset. Executors need to reduce the risks involved in managing real estate. Here is a checklist for some of the tricky things to consider. Remember this: As executor, you need more than a checklist to protect yourself….
Read full article

Who Cares About Fiduciary Duties and Trust?

Are you an estate beneficiary or expect to become one? Then you have to trust executors to deliver your inheritance. And executors, you can’t do your job without understanding your fiduciary duties. Are you waiting to inherit or are you an executor? Here’s what you need to…
Read full article

Ontario Executors Require Answers to Questions: When can executors take charge of the estate?

When can executors take charge of the estate? Your appointment as executor is effective when a person dies. A deceased person’s property legally “vests” in you as their personal representative, executor, or estate trustees. That’s a way of saying you become the legal—but not registered owner—of all…
Read full article

Toronto Library Seminars for Executors

Are you planning your estate or running an estate? What do you know about probate? You don’t need to go to graduate school to be an executor/estate trustee. You do, however, need to have an overview of the probate process. What happens to an estate is everyone’s…
Read full article

Ontario Estate Trustees Need to See the Big Picture

Gordon was a frazzled executor of a friend’s estate. He was getting phone calls from Simon, a beneficiary named in friend’s will. Simon wanted to know, “Where’s my inheritance? I was supposed to receive a third of the estate residue.” Gordon was running out of excuses to…
Read full article

Healthy Executors are Not at Risk

Let me clarify that headline: All executors are at risk if they do not understand their legal duties. You can be attacked by estate beneficiaries, taken advantage of by smooth sales people, and even get sued. I encourage executors and estate trustees to get proper legal advice….
Read full article

Breach of Executor’s Duty

Any breach of executor’s duty can result in a charge of misconduct against them. Here’s a short list to remind you of possible executor breaches of fiduciary duty: • financial negligence handling estate assets causing loss • failure to properly invest estate assets • failure to complete…
Read full article

“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

Tag: executor duties