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Demetre Vasilounis Toronto Lawyer

Demetre Vasilounis

Associate Fasken
Everyone needs a plan. A robust succession plan considers numerous elements: client goals, family dynamics, asset qualities and the impact of technology, among others.
Jurisdiction Ontario, 2019
Language(s) English
Office(s) Toronto
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Overview

Demetre is an associate in the Private Client Services group of the firm's Toronto office. He has a broad trusts and estates practice and has developed and implemented cohesive succession plans for clients involving a wide range of different family and corporate structures. He has also advised on a breadth of family wealth planning matters, including tax issues, estate freezes, cross-border and international estates, probate planning, disability planning, charitable gifting, asset protection strategies, personal privacy, intellectual property and domestic contracts.

Demetre regularly speaks and writes about various legal issues in succession planning, including in particular the evolving area of digital assets in estate planning. His work has been cited by the Ontario Superior Court of Justice and he has spoken at both national and international events. Demetre has obtained the prestigious Trust and Estate Practitioner (TEP) designation from the Society of Trusts and Estates Practitioners (STEP). While Demetre assists many families with navigating these areas, he is also experienced in helping individual entrepreneurs and business owners, philanthropists, athletes, artists, authors, entertainers, social media influencers and various types of professionals.

Estate Planning and Administration

Demetre regularly drafts wills, powers of attorney, beneficiary designations and other documents relevant to estate planning. He also advises executors and trustees with respect to all aspects of estate administration.

Trust Establishment and Administration

Demetre is experienced in establishing many different types of trusts, including discretionary trusts, joint partner trusts and alter ego trusts. He also assists with all aspects of trust administration, including trustee appointment and removal, trust property management and trust wind-ups.

Domestic Contracts

Demetre is well-versed in the various considerations for effective marriage contracts and cohabitation agreements. He has drafted and negotiated a wide variety of domestic contracts for different family and relationship structures.

Planning for Digital Assets

Demetre brings in-depth and unique acumen in the area of digital assets in estate planning and enjoys working with clients to develop plans that are tailored to address assets such as social media accounts, cryptocurrency and other electronic files and content. He is knowledgeable in the numerous areas of law that affect such planning such as privacy law and intellectual property law.

Industry Leadership

Demetre is passionate about contributing to the legal community and the effective development of the law. He is an active member of the STEP Digital Assets Global Special Interest Group Steering Committee. In this capacity, he collaborates with prominent trusts and estate practitioners worldwide to address interjurisdictional legal gaps in this domain. Demetre has also served in differing capacities for the Ontario Bar Association’s Trusts and Estates Section Executive. In his current role as Public Affairs Liaison, he continually fosters collaboration between the trusts and estates Bar and the Ontario Ministry of the Attorney General. His efforts are dedicated to improving efficiency and advocating for meaningful change to benefit the Bench, the Bar, and the broader public.

Community Involvement

Outside of law, Demetre currently serves on the board of directors for the Japanese Canadian Cultural Centre. He is also an ESL Teacher at St. Paul’s Bloor Street, a Panelist for Anime North, and a Member of the Pre-Screening Committee for the Toronto Reel Asian International Film Festival. Demetre also enjoys playing and streaming video games, training in mixed martial arts, and engaging in all aspects of music production, including singing, songwriting and playing his ukulele and ocarina.

Achievements

  • Recognized as Ones to Watch in Trusts and Estates in Toronto, The Best Lawyers in Canada 2025
  • Ontario Volunteer Service Award, 2022
  • Legal and Literary Society Student Honour Award, Osgoode Hall Law School 2018

Career & Education

Education

  • JD Osgoode Hall Law School at York University
  • BA (Honours), major in Professional Writing; minor in Film (summa cum laude) York University

Accreditations

  • Accreditation, Trust and Estate Practitioner (TEP) Society of Trust and Estate Practitioners

Community involvement

  • Mentor Law in Action Within Schools (LAWS) 2019 to present
  • Panelist Anime North 2018 to present
  • ESL Teacher St. Paul’s Anglican Church 2014 to present
  • Event Leader Japanese Canadian Cultural Centre 2013 to 2023
  • Caseworker Refugee Sponsorship Support Program 2016 to 2018

Memberships & Affiliations

  • Member, Digital Assets Global Special Interest Group Steering Committee Society of Trust and Estate Practitioners (STEP) 2024
  • Public Affairs Liaison Ontario Bar Association – Trusts and Estates Section 2023 to present
  • Member Estate Planning Council of Toronto 2021 to present
  • Member American Bar Association 2019 to present
  • Member Canadian Bar Association 2019 to present
  • Member Ontario Bar Association 2019 to present
  • Member Junior Trusts and Estates Practitioners 2019 to present
  • Continuing Professional Development (CPD) Liaison Ontario Bar Association – Trusts and Estates Section 2022 to 2023
  • Technology Liaison Ontario Bar Association – Trusts and Estates Section 2021 to 2022
  • Student Member Society of Trust and Estate Practitioners (STEP) 2019 to 2022

Knowledge

Events

News

Publications

  • This Wedding Season, Consider the Benefit of Marriage Contracts, 10/1/2024
  • The Case for Fiduciary Access to Digital Assets Legislation in Ontario, 6/2/2024
  • Videos and Wills: Helpful or Harmful?, 2/23/2024
Article, Co-Author This Wedding Season, Consider the Benefit of Marriage Contracts Thomson Reuters - Money & Family Law Issue 39-2
Technical Paper, Author The Case for Fiduciary Access to Digital Assets Legislation in Ontario STEP Canada National Conference 2024

Speaking Engagements

  • Will Validation, Substantial Compliance and Electronic Documents: Updates and Future Changes, 2/8/2024
  • Estate Planning in the Modern Era: Part 5 - Genetic Material, 11/30/2023
  • Estate Planning in the Modern Era: Part 4 - Unique Assets, 11/23/2023
Speaker Will Validation, Substantial Compliance and Electronic Documents: Updates and Future Changes Ontario Bar Association – Ontario Legal Conference: Family, Estates and Real Estate Law
Series Co-Chair Estate Planning in the Modern Era: Part 5 - Genetic Material Ontario Bar Association – Trusts and Estates Law Series
Series Co-Chair Estate Planning in the Modern Era: Part 4 - Unique Assets Ontario Bar Association – Trusts and Estates Law Series

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