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  • Legacy Lexicon
An advance directive is a broad term for legal documents outlining your wishes for medical care if you become unable to make decisions, while a living will is a specific type of advance directive that focuses on end-of-life medical treatment.  19 Mar
  • by Estates Gone Wrong
  • Frequently Asked Questions, Generated Content

What is the Difference Between an Advance Directive & a Living Will?

Most individuals consider purely domestic estate matters to be complex and challenging.  Add another country into the equation and the legal complexity quickly multiplies. 19 Mar
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Navigating Cross-Border & Multijurisdictional Estate Matters

There can be sentimental reasons to keep inherited real estate, but —unless you plan to use the property personally— you should ask yourself: would you buy that real estate with an equivalent amount of cash? 17 Mar
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Inheriting Real Estate: Ask Yourself “Would You Buy it?”

A common misconception about donor advised funds is that they are trusts, charitable purpose trusts. At times, lawyers, especially those with expertise in trusts and estates, struggle with this distinction, as do donors. 13 Mar
  • by Estates Gone Wrong
  • Charitable Misgivings, Curated Content

Donor Advised Funds vs. Charitable Purpose Trusts

Economic uncertainty, inflation and the decline of workplace pensions have left growing numbers of Canadian seniors unable to leave their jobs. What can aspiring but anxious would-be retirees do? 13 Mar
  • by Estates Gone Wrong
  • Curated Content, Life Events

Why “Unretirement” May Be the Fate of So Many Canadians

In Canada, inheritance laws are primarily governed by the provincial and territorial laws rather than a single federal law, as inheritance matters are under provincial jurisdiction. However, certain general principles apply across the country... 12 Mar
  • by Estates Gone Wrong
  • Beneficiary Rights, Curated Content

Inheritance Laws in Canada: Understanding Provincial Jurisdiction

While contemplating the possibility of incapacity can be uncomfortable, preparing for it with Powers of Attorney and Living Wills is a crucial aspect of responsible planning. By taking these steps, you can ensure your wishes are respected during challenging times. 11 Mar
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Planning for Incapacity: Powers of Attorney & Living Wills

Although still commonly used, in Ontario the term "probate" stopped being officially used on April 1, 1995 (no joke…). What is the process to obtain a Certificate of Appointment, with or without a will? This article answers some of the most common questions... 11 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Frequently Asked Questions About Certificates of Appointment

Sometimes, an estate’s debts and liabilities are greater than its assets. In Canada, an insolvent estate can only be assigned into bankruptcy with the court's permission. This is specifically outlined in Section 49(1) of the Bankruptcy and Insolvency Act (BIA). 10 Mar
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Assigning an Involvent Estate into Bankruptcy: Canada

Can You Decline or Step Down as Power of Attorney in Canada? 10 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Can You Decline or Step Down as Power of Attorney in Canada?

March is Fraud Prevention Month and with reported cases of fraud rising, seniors are encouraged to increase their awareness of current scams and learn how they can protect themselves. 10 Mar
  • by Estates Gone Wrong
  • Curated Content, Digital Distress

Cyber Scams: Fraud Prevention Resources for Canadian Seniors

Changes to the Succession Law Reform Act and Family Law Act 07 Mar
  • by Estates Gone Wrong
  • Curated Content, Law Reform

Changes to the Succession Law Reform Act and Family Law Act

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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

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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