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  • Legacy Lexicon
Are you worried that your heirs will foolishly spend their inheritance or lose it to creditors? You may want to consider establishing a “spendthrift” trust. 21 Jun
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Frequently Asked Questions: What is a ‘Spendthrift Trust’?

What are the steps involved in administering an estate? How long does it typically take to administer an estate? What if I’m named as an executor but unwilling to serve? Here you'll find answers to some of the most frequently asked questions... 10 Jun
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Frequently Asked Questions About Wills and Estates (BC)

How is Debt is Handled by an Estate in Canada? Your executor is responsible for carrying out the duties of your will and arranging to pay off your debts. They will also close any accounts that you may have. If you don’t want to burden your loved ones with having to deal with your debt, there are steps you can take. 14 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How is Debt is Handled by an Estate in Canada?

When getting started with an inheritance, it’s important to ask the right questions. Encompass Advisors have curated 12 essential questions to ask when expecting a financial windfall. 29 Feb
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

12 Questions to Ask When Receiving an Inheritance

When combined with the nuances of deemed disposition, estate planning can quickly become complex. Personalized advice is invaluable for devising a strategy to maximize your wealth transfer to the people and causes you love. 15 Feb
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Deemed Disposition at Death: Top Questions Answered

Do your loved ones know your wishes should you become incapacitated? Making decisions without clear directions from you can be extremely difficult. Every Canadian adult should have a living will... 22 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Advance Directives: What Should be Included in Your Living Will?

If you don’t select an executor or trustee for your estate, or if the person you named refuses to act in that role, then someone may apply to the court to be appointed as an administrator of your estate. 20 Jan
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

British Columbia: What Happens If You Don’t Appoint an Executor?

What Happens if a Person Has Multiple Wills in Ontario? 28 May
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What Happens if a Person Has Multiple Wills in Ontario?

The Probate Process: Frequently Asked Questions 05 Oct
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Frequently Asked Questions About The Probate Process

Executors are often surprised by how long their newly accepted “job” will be. Beneficiaries are equally surprised to hear how long it might take before they start seeing estate funds come their way. How long does it take to administer an estate? 03 Aug
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How Long Should it Take to Administer an Estate?

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Paris Jackson has gone public with allegations that the longtime trustees of her late father’s estate have been misappropriating funds and mismanaging one of the most valuable entertainment empires in history.

Jackson Estate: Is Michael’s Daughter Receiving Terrible Advice?

Ontario’s approach is deliberately cautious. A posthumously conceived child is entitled to inherit only if all statutory requirements are satisfied.

Posthumous Conception and Inheritance in Ontario

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Kilmer’s Daughter Defends Late Father’s AI-Generated Performance

A dramatic family feud over the inheritance of a prized Oregon winery has concluded with a landmark penalty for the misuse of artificial intelligence in court proceedings, exposing deep rifts between siblings and raising serious questions about legal ethics in the digital age.

Landmark Penalty for Misuse of Artificial Intelligence in Court

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