Powers of Attorney Archives - Edward Olkovich Law

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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When The Unexpected Happens, How Can You Protect Your Money While You’re Alive? Part 1

When the unexpected happens, you need to be ready to protect your money and family. You can prepare for the unexpected, an accident or injury, by having a substitute decision maker designated in a power of attorney. This person can take your place immediately or when you…
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End of Life Decisions: What is Next for MAiD in 2024

You want to know more about end-of-life decisions. Medical Assistance in Dying (MAiD) was illegal under Canada’s Criminal Code. It was considered homicide or assisted suicide. In 2014, Quebec introduced an Act respecting end-of-life care. In 2015, the Supreme Court of Canada in the Carter decision held…
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Stop Risking Your Family’s Future – Part 3

Read Part 1 and Part 2 of my posts in this series. What if you become incapacitated, or an illness prevents you from handling your finances? What will you do? If you don’t have a power of attorney to handle your property, your loved ones must get…
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Using Powers of Attorney for Property in Ontario

“What do I need to know about using powers of attorney for property in Ontario?” Dorothy was asking this question sitting in my Toronto law office. Dorothy needed to act under a power of attorney (POA). “What is the law in Ontario?” she asked. “Let me give…
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How Joint Liability Creates Estate Problems

I am talking about Joint and Several liability in an estate context today. Let’s look at the joint liability of executors, or estate trustees, in estates. Next, I‘ll give you dangers you can avoid when making powers of attorney. Estate Executors Let’s say you and your cousin…
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What Are the Three Estate Planning Documents You Need?

Your Estate Plan has a variety of tools, including these three documents: 1) Will to name executors to distribute your property. 2) Power of Attorney for your financial affairs. 3) Power of Attorney for health-care decisions. You may be nervous about dealing with lawyers and professionals. But…
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Your Estate Planning Summary

Here is a summary of what your Estate Plan does to save you time and money. It will help you organize your thoughts for when you meet your lawyer. Let’s look at the essential documents you’ll need: 1. Will • Names an executor and backup executor • …
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Can Estate Planning Save Lives?

You never know who may be touched by an organ donation. Read real life stories of my good friend, Dr. Thomas Egan, in North Carolina. His work is saving lives. Visit Lunginabag.com for more. You can also save lives. You can sign a donor card. Tell your…
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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

Edward Olkovich Law Certified Specialist, Estates and Trust Law

Tag: Powers of Attorney