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  • Legacy Lexicon
Valuing collectibles isn’t always straightforward. Discrepancies between perceived and actual value can trigger disagreements that delay probate and even lead to litigation. 18 Jun
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

The Legal Side of Collectibles & Memorabilia in Estate Disputes

30 May
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Rare Property Damages: Cherished Corvette Sold for Parts by ‘Friend’

Some people have assets that go beyond the typical bank account or real estate. From art collections and livestock to firearms and royalty producing creative works, these types of assets can require special attention when creating an estate plan to ensure they are handled properly. 21 May
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Unusual Assets Require Special Attention in Your Estate Plan

It’s important to understand the distinctions between clutter, collecting, and hoarding, especially when caring for someone whose living space is becoming problematic. Educate yourself and prioritize safety... 05 Mar
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Understanding Clutter, Collections, and Hoarding: A Caregiver’s Guide

If you plan to leave a highly valued collection to family members or other heirs, advanced tax planning is strongly recommended. These six steps will help you get started... 19 Feb
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Avoid a Fire Sale: Don’t Let Taxes Catch Your Heirs by Surprise!

The average estate unknowingly donates or discards thousands of dollars in valuable items. Understanding what to look for can mean the difference between a modest estate sale and one that significantly exceeds expectations. 30 Jan
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Hidden Value in Your Estate: Commonly Overlooked Treasures

In this comprehensive guide, you'll learn how to distinguish between wishful thinking and realistic market values, ensuring every item is priced to sell while maximizing returns. 20 Jan
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

How to Value Antiques and Collectibles for Estate Sales

This guide explores how to manage and distribute valuable collections during estate settlement, including legal considerations, valuation techniques, and strategies for avoiding conflicts. 09 Jan
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Valuable Collections During Estate Settlement: Handle with Care

Unique assets often fall outside the typical scope of financial portfolios or real property, requiring specialized knowledge, valuation, and management. 06 Jan
  • by Estates Gone Wrong
  • Curated Content, Related Resources

High Net Worth Estates: The Challenges of Unique Assets

"Selling Superman" is a 4-part documentary that explores a 40-year family secret involving a collection of comic books, including a highly valued Superman #1 comic worth over $3.5 million.  16 Oct
  • by Estates Gone Wrong
  • Dramatized Content, Unique Assets & Interests

Selling Superman | 4-Part Documentary | 2024

Whether it’s rare stamps, vintage cars, or limited-edition action figures... when it comes to passing these treasures on to your heirs, collectibles present several unique challenges in estate planning. 23 Sep
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

An Inheritance Lawyer’s Guide to Estate Planning for Collectibles

02 Sep
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Siblings Battle Over Highly Collectible 1964 Ferrari

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Recent:

A will is intended to provide clear instructions about the distribution of a person’s property after death. But what happens when an important clause is missing? This recent Ontario court case is a useful reminder of the difficulties that can arise...

What Happens When a Will is Missing an Important Clause?

In many cases, an executor’s first instinct is not to call a lawyer. It is to ask Google. The problem? Google can provide thousands of answers, many of which are incomplete, inaccurate, or based on another jurisdiction. Executors need practical guidance tailored to the particular estate they are administering.

Cautionary Guidance for Executors: Google at Your Own Risk!

Many people hear “executor” and think it means reading the will and writing a few checks. In reality, executors can face personal liability. Find out exactly what you're agreeing to, before you agree...

Agreeing To Serve As Executor: Not As Simple As It Sounds

Holograph wills and codicils are often viewed as a simple and inexpensive way to record testamentary wishes. Ironically, the very simplicity that makes holograph codicils attractive can also make them extraordinarily vulnerable...

Ontario Case Study: The Hidden Risks of a DIY Codicil

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