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  • Estates Gone Wrong
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  • Legacy Lexicon
30 Aug
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Litigation Over Lost Will Depletes ‘Very Modest’ Estate

Managing Digital Assets in Estate Planning | Digital Distress | Accessing Online Accounts | Estates Gone Wrong 29 Aug
  • by Estates Gone Wrong
  • Curated Content, Digital Distress

Managing Digital Assets in Estate Planning

Charities have Fiduciary Duties as Estate Beneficiaries | Charitable Bequests | Administration | Philanthropic Advisor | Estates Gone Wrong 29 Aug
  • by Estates Gone Wrong
  • Charitable Misgivings, Curated Content

Charities have Fiduciary Duties as Estate Beneficiaries

What Types of Powers of Attorney are Used in Canada? It is important to know how a power of attorney or a joint bank account works before you use them. There are risks and advantages to both. You should never feel pressured to sign a power of attorney or to open a joint bank account. 27 Aug
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What Types of Powers of Attorney are Used in Canada?

While the prospect of helping out a loved one may seem like an attractive opportunity, the informal nature of these loans carries the risk of non-payment. Relationships change and goodwill can disappear. Lenders may have to turn to legal claims to recoup their funds. 12 Aug
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Informal Loan Agreements: Goodwill is Not a Guarantee

An Ontario judge's looming decision on whether to compel the Stronach Group to disclose evidence of any coverup of sexual misconduct may add yet a new dimension to a deepening scandal surrounding the multinational's billionaire founder. 11 Aug
  • by Estates Gone Wrong
  • Curated Content, Infamous Feuds

Succession-like Battle Over Family’s Billions: The Stronach Case

Certain assets are generally excluded from the net family property calculation, provided they were not used for family purposes or did not significantly change in nature during the marriage. The complexity of family law make it essential to seek professional legal advice. 10 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Net Family Property (NFP) in Ontario: A Complete Guide

How to Build an Exceptional Estate Plan 10 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Resources: How to Build an Exceptional Estate Plan

Learn why fiduciary access to digital assets matters and how a new Alberta Act would help facilitate access... 07 Aug
  • by Estates Gone Wrong
  • Curated Content, Law Reform

Alberta Law Reform: Fiduciary Access to Digital Assets

Executor —the deceased's son— transferred estate properties to himself and his brother without fair market value compensation. His conduct was deemed a significant conflict of interest: favouring certain beneficiaries over others. 06 Aug
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Court Removes Deceased’s Son as Estate Executor for “Self-Dealing”

There is no set test to determine capacity which can be applied in all situations. Capacity is time, situation, and task-specific. It can fluctuate based on the type of impending task and across a person’s lifetime. 30 Jul
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How is Decision-Making Capacity Assessed?

Planning to Disinherit a Child? Experts Urge a 'Rethink' | Family Disputes | Inheritance Horror Stories | Estates Gone Wrong 22 Jul
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Planning to Disinherit a Child? Experts Urge a ‘Rethink’

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Topics:

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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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