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  • Estates Gone Wrong
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  • Related Resources
  • Legacy Lexicon
Since most farmers are, on average, 56 years of age, many family farms are expected to transition within the next decade. Farm succession requires an approach that considers the tax implications, the farming operations and the family’s wishes. 14 Oct
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

The Time to Discuss The Future of The Family Farm is Now!

The Guinness family’s story shows that inheritance without structure can lead to division... When assets, wishes, and responsibilities are clearly defined, you’re not just protecting your property—you’re protecting your family’s relationships and legacy. 14 Oct
  • by Estates Gone Wrong
  • Curated Content, Infamous Feuds

Inheritance Conflict & Division: Lessons from The Guinness Family

While Canada’s tax system doesn’t impose a traditional inheritance tax, estate taxes through capital gains, final income returns, and probate fees can still shrink inheritances dramatically. By leveraging these strategies, you can pass down more of your hard-earned wealth. 09 Oct
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

Tax-Smart Inheritance Strategies for Canadians

Few legal disputes are as personal and emotional as challenging a will. Whether you are considering contesting a will or defending against a challenge, you should know what to expect... 08 Oct
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Contesting a Will in Ontario: How it Works & What to Expect

The backlash against AI-generated 'resurrections' of deceased celebrities underscores the urgent need for a robust ethical and legal framework to govern the use of digital likenesses, particularly after an individual's passing. 08 Oct
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Backlash Against AI ‘Resurrections’ of Deceased Celebrities

Thirty paintings created by the bushy-haired, soft-spoken Bob Ross will soon be up for auction to defray the costs of programming for small and rural public television stations suffering under cuts in federal funding. 07 Oct
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Bob Ross Paintings to be Auctioned to Support Public TV Stations

Talking about money is never easy, especially when it involves inheritance, and in many wealthy families, conversations about who gets what, when, and why can feel uncomfortable. Learn how to have constructive talks regarding wealth, values, legacy. 06 Oct
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Family Wealth Conversations: Strategies That Work

A spousal trust can be very beneficial for your family’s financial future. But the execution of such a trust requires careful consideration and planning as trustees must balance the current needs of the surviving spouse with the future inheritance of the heirs. 06 Oct
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Spousal Trusts: Selecting the Right Trustee

Being an executor is an important job and frankly, some people are going to be better at it than others. Avoid making a big mistake by heeding this advice from Patrick O’Brien, CEO and co-founder of Executor.org 03 Oct
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Warning Signs That You’re Choosing The Wrong Executor

It is crucial for individuals to fully understand the significant implications and constraints of mutual wills before committing to them. 02 Oct
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Mutual Wills: Know The Risks Before You Commit!

If you’re navigating grief and decision making, especially in the early aftermath of loss, this guide —"How to Make a Big Decision While Grieving"— is for you... 02 Oct
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Navigating Life After Loss: Making Big Decisions While Grieving

Estate disputes rarely arise from money alone. They are often triggered by conflicting instructions, unclear drafting, or overlooked provisions. The best protection is clarity, coordination, and regular review. 02 Oct
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Ambiguous Wills: How Fragile an Estate Plan Can Become

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Topics:

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  • Celebrity Estates (56)
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  • Unique Assets & Interests (28)

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Long-Term Care (LTC) is expensive, unpredictable and often prolonged. The projected “great wealth transfer” may therefore become far more concentrated among families who are wealthy enough to absorb years of care costs without exhausting their assets.

US Long-Term Care Costs ‘Eating into’ Family Wealth

Estate trustees (Executors) have a duty to keep accurate records of estate assets and transactions throughout their administration and to account to beneficiaries at appropriate intervals.

Keeping Meticulous Records: Practical Tips for Executors

Have Canadian boomers saved enough for retirement? It doesn't seem like it... And the numbers suggest this isn’t just a handful of unlucky families. It’s a structural problem with how an entire generation approached retirement.

Why Canadian Kids Are Bailing Out Boomer Parents

A handshake promise to leave the family farm can legally override a written will in New South Wales. The legal mechanism is equitable estoppel, and courts have enforced it in farm succession disputes where the evidence is strong enough.

NSW Inheritance Law: Can a Verbal Promise Override a Will?

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