wills Archives - Page 3 of 5 - Edward Olkovich Law

Ontario Executors Require Answers to Questions: Who pays for the funeral if you are the executor?

Who pays for the funeral if you are the executor? Executors must be reasonable when arranging a funeral. Funeral directions in wills are not legally binding on executors. The funeral is an estate expense shared by residual beneficiaries. They can object if the costs are extravagant. You…
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Are You an Estate Planning Zombie?

Zombies are mindless but far from harmless. Zombies approach estate planning in a similar way. Are you mindlessly wandering, like a zombie, without a will or estate plan? Put your heart and mind into protecting your family. Discover the Perfect Plan to Protect Your Loved Ones. Zombies…
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Executors: What to Do if the Will is Confusing

Are you are an executor acting under a will? Wills can contain ambiguous, contradictory or impossible terms. In this post, I’ll give you some tips on handling such will problems. You need to understand what the will requires you to do as executor. It is crucial for…
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Executor Estate Duties Quiz

As an estate executor you have fiduciary duties you may not even know. I created a quiz to explain what estate executor duties are. It will help you understand your estate responsibilities. It is not an exhaustive list. Give yourself one point for each duty you can…
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Estate Executors: Do You Know These Estate Definitions?

All estate executors must know these terms. Use this free glossary when you handle an estate. It will help you when you meet your estate lawyer. Estate Executor Definitions Estate Taxes-in Canada there are no estate taxes based on the overall size of the estate. However, there…
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Executor Tips: Where to Look to Find the Will for Probate

In my last post, we had frantic Ann searching for Olivia’s original will. I explained why you need to search for the original will. Now I’ll give you some tips on how to find wills. Executors need to know exactly where the will is and how to…
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Estate Executors: Original Wills Required for Probate

Olivia was ill and went to the hospital one day for surgery. She told Ann to act as her executor right before she died. Now Ann was frantic trying to find Olivia’s will. Here are some of the steps Ann can take to find any missing wills….
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Making Your Will – The 12 Critical Steps

All lawyers are not the same. Every lawyer works differently. Before you hire the wrong lawyer to make your will, do your homework. Find out what steps other lawyers will follow. Here are the steps I follow with my clients. What does it cost to make a will?…
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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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Use These Estate Planning Steps to Protect Your Family

Let’s look at the six steps you should take to create an estate plan. This will protect you and your loved ones from disaster: 1. Get Ready — Identify your goals, assets and debts. 2. Save Taxes — Find ways to reduce income taxes and probate taxes….
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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: wills