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  • Legacy Lexicon
Acting as an Estate Trustee can be challenging. It is important to appoint an individual who is responsible and reliable to fulfil this role as they have a fiduciary responsibility to the beneficiaries. 18 Jul
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What is an Estate Trustee? What are their Responsibilities?

Estate Administration: The Biggest Mistakes Executors Make 04 Jul
  • by Estates Gone Wrong
  • Common Mistakes, Generated Content

Biggest Mistakes Executors Make During Estate Administration

Executor Liability: Administration of an Insolvent Estate 03 Jul
  • by Estates Gone Wrong
  • Communication Breakdowns, Generated Content

Insolvent Estate Administration: Why Transparency is Crucial

How my mother lost a multi-million dollar inheritance and got stuck with a $50k funeral bill: 21 ex-millionaires share how they either lost or squandered their fortunes— anonymous BuzzFeed submissions... 29 Jun
  • by Estates Gone Wrong
  • Curated Content, Squandered Fortunes

How My Mother Lost a Multi-Million Dollar Inheritance

Case Study: Limits of Family Law Claims Against an Estate 09 Jun
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Case Study: Limits of Family Law Claims Against an Estate

Even well-intentioned executors can make mistakes that lead to delays, legal issues, or personal liability. Here is a list common pitfalls in estate administration with tips on how to avoid them. By being aware of these, you can proactively take steps to stay on track and out of trouble. 21 May
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Common Estate Administration Pitfalls & How to Avoid Them

When high-profile celebrities pass away, their estate disputes often make headlines. However, the legal challenges their estates face are not exclusive to those of the rich and famous. 20 May
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Prevent Costly Missteps: Lessons from Celebrity Estate Disputes

Tori Spelling, daughter of TV producer Aaron Spelling, received an inheritance of $800,000 from his $500 million estate, not the substantial sum some might have expected.  08 Apr
  • by Estates Gone Wrong
  • Celebrity Estates, Generated Content

Aaron Spelling: Reasons Behind the ‘Unequal’ Estate Distribution?

United Nations report says Canada should repeal MAID for people with non-terminal illness... The UN committee also asked the federal government to end the proposed expansion of MAID for patients with mental disorders and to ban any federal support for any requests in advance. 06 Apr
  • by Estates Gone Wrong
  • Curated Content, Law Reform

Canada MAID Laws: United Nations Report Asks for Stricter Rules

For a loved one struggling with an addiction, a direct inheritance could be dangerous. However, disinheriting an addicted adult child is NOT the only option. Thankfully, there is an alternative estate planning solution available. 12 Mar
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Before You Disinherit a Loved One Struggling with Addiction…

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

Even the most well-meaning executors may encounter unforeseen difficulties during the estate administration process. Errors in estate administration can make an otherwise simple procedure more difficult. Learn more about these common mistakes and how to avoid them... 24 Feb
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Estate Administration in Ontario: Avoiding Common Mistakes

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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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