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Everything You Need To Know About Probate in Canada | While it’s not you who handles probate—rather, it’s your executor who handles it after you pass away—it’s important to understand why having a will makes probate easier. 17 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Everything You Need To Know About Probate in Canada

Demystifying Estate Planning Terminology: A Glossary of Essential Terms You Need to Know 10 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Demystifying Estate Planning: A Glossary of Essential Terms

An inter vivos transfer of property is the transfer of ownership of an asset from one living person to another during their lifetime, without the need for a will. 07 Jan
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Inter Vivos Transfer of Property: Key Characteristics & Criteria

Glossary of Legal Terms Used in Probate: England & Wales 02 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Glossary of Legal Terms Used in Probate: England & Wales

Trustee vs. Executor: Understanding the Difference and Why You Need Both | If you’re like most people, you’ll need both— the executor to oversee the execution of your will and a trustee to manage and administer your trust. 25 Dec
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Trustee vs. Executor: What is The Difference & Why You Need Both

Understanding the Differences Between Succession and Inheritance 13 Nov
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Understanding the Difference Between Succession & Inheritance

Careful use of wills, trusts, or both can ensure that assets and possessions are distributed as intended. Making an estate plan a priority can save time, money, and help loved ones avoid potential financial hardship and conflicts. 13 Nov
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Wills Versus Trusts: Definitions & Key Differences

If you’re considering a family settlement agreement, consulting a probate attorney can ensure the process is handled correctly and fairly. With the right guidance, your family can achieve a resolution that honors the deceased’s wishes while promoting harmony among heirs. 09 Nov
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Estate Dispute Resolution: What is a Family Settlement Agreement?

Although they are very similar legal concepts, "contracts of inheritance" and "heir agreements" are not the same. 05 Nov
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Contracts of Inheritance vs Heir Agreements

Ontario Executors: Glossary of Terms | Are you stuck trying to understand some of the terms you run across as an Ontario Executor? No need to Google them. Here's an "A to Z" list —in plain English— to help. These Ontario Executor Terms Keep You Out of Hot Water.  23 Sep
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Ontario Executors: Comprehensive Glossary of Terms

Having the Correct Power of Attorney is Crucial: Understand the Different Types 06 Aug
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Having the Correct POA is Crucial: Understand the Different Types

From primary and contingent beneficiary designations to revocable and individual beneficiary designations... Understanding these designations is crucial in ensuring that your assets are distributed according to your wishes. 18 Jul
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Understanding the Different Types of Beneficiary Designations

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Recent:

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

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?

Washington Post analysis finds that the "great wealth transfer" narrative is largely a story about the very top of the income distribution. For many in the middle, retirement savings are being consumed by care costs, not passed on.

Cost of Eldercare Obliterating Expected Inheritance

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