Born into a noble family in the village Chabanivka near Kamianets-Podilskyi, his father was Stefan Tokarzewski-Karaszewicz, and mother was Laura Piotrawin-Janiszewska.
[1] He was educated at a gymnasium in Zhytomyr, and graduated from the University of Fribourg before World War I.
Then he lived in Italy (1936 – 1948), and in England (1948 – 1954), where he was a Ukrainian representative of Anti-Bolshevik Bloc of Nations.
He was buried in a cemetery in Gunnersbury, a place in the London Borough of Hounslow, in 1954, and finally his relics were transferred to a pantheon of Ukrainian historical figures at South Bound Brook, New Jersey in 1978.
Tokarzewski's sister Helena married lawyer Jan Paweł Gromnicki [pl], who also served in Polish army during Polish-Ukrainian and Polish-Soviet war.