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My mom, 65, inherited $450K when my dad died — but now she’s hooked on slots and burning through the cash. How can I protect our family’s assets before it’s too late? 27 Sep
  • by Estates Gone Wrong
  • Curated Content, Squandered Fortunes

My Mom Inherited $450k: Now She’s ‘Hooked on Slots’

Texas woman, 40, squandered $250K inheritance on travel and ‘fancy dinners’ — how she turned things around... 13 Sep
  • by Estates Gone Wrong
  • Curated Content, Squandered Fortunes

Texas Woman Squandered $250K Inheritance

Why Transparency Matters: The Importance Of Open Dialogue | Curated Content | Communication Breakdowns | Estates Gone Wrong 12 Sep
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

Why Transparency Matters: The Importance Of Open Dialogue

What to Do if You Inherit a House with a Mortgage | Curated Content | Property Pitfalls | Real Estate | Inheriting Debt | Estates Gone Wrong 27 Aug
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

What to Do if You Inherit a House with a Mortgage

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

The Barclay family feud started with accusations of privacy breach at the family-owned Ritz hotel. Open discussions about succession, good structuring and mediation could help a family business avoid going the same way as the Barclay's. 22 Jul
  • by Estates Gone Wrong
  • Curated Content, Infamous Feuds

Rise and Fall of an Empire: The Barclay Family Feud

Administering an estate after someone passes away can be a daunting task, filled with legal complexities and emotional challenges. This Ultimate List aims to provide a comprehensive guide to navigating this process effectively. 16 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

What You Need to Know About Administering an Estate: Australia

Are you worried that your heirs will foolishly spend their inheritance or lose it to creditors? You may want to consider establishing a “spendthrift” trust. 21 Jun
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Frequently Asked Questions: What is a ‘Spendthrift Trust’?

Renouncing an Inheritance: an Inherent Right | Inheriting a House | Property Pitfalls | Real Estate | Family Disputes | Estates Gone Wrong 18 Jun
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Renouncing an Inheritance: an Inherent Right

What Is an Executor? Duties and Role in Estate Planning | An executor is the individual who carries out one's last will, ensuring that the stipulations and wishes of the deceased are carried out properly. 30 May
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

What Is an Executor? Duties and Role in Estate Planning

From the perspective of beneficiaries, interim distributions represent a lifeline of financial empowerment. This in-depth guide covers what they encompass, when they should be contemplated, and the profound significance they hold. 12 Apr
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Timely Access to Inheritance: Demystifying “Interim Distributions”

Incorporating tools and strategies into your estate plan to mitigate a beneficiary’s spendthrift habits is vital to protect both the beneficiary and your assets. 21 Mar
  • by Estates Gone Wrong
  • Curated Content, Squandered Fortunes

Estate Planning Strategies for Managing a Spendthrift Beneficiary

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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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