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  • Legacy Lexicon
Estate disputes can tear families apart and leave valuable assets in limbo. When tensions rise and estate administration becomes impossible, there is a powerful legal solution that many people do not know about: an Estate Trustee During Litigation (ETDL). 25 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

“Estate Trustee During Litigation” (ETDL): Benefits & FAQs

When it comes to preparing for the future, understanding the difference between estate planning and a will is crucial. While both play a significant role in managing your assets after your passing, they serve different purposes and offer unique benefits. 25 Mar
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Comprehensive Guide to Estate Planning Terms

A contingent beneficiary is a backup beneficiary who inherits assets if the primary beneficiary is unable to, for example, if they predecease you or are unable to accept the inheritance. You likely need a contingent beneficiary to ensure your assets are distributed as intended, even if your primary beneficiary can't receive them.  19 Mar
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

What is a Contingent (or Secondary) Beneficiary?

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

How to Identify Caregiver Burnout: Symptoms, Treatment & Prevention 11 Feb
  • by Estates Gone Wrong
  • Curated Content, Guardian Safeguards

How to Identify Caregiver Burnout: Symptoms, Treatment & Prevention

Home Ownership: Joint Tenants vs Tenants in Common | There are three main ways that a homeowner can own a home, and the way title is held dramatically affects their estate and heirs... 04 Feb
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Home Ownership: Joint Tenants vs Tenants in Common

Canadian Estate Law: The Presumption of Resulting Trust 04 Feb
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Canadian Estate Law: The Presumption of Resulting Trust

In Ontario, the absence of a valid will can lead to complexities, uncertainties, and outcomes that may not align with your wishes. 17 Jan
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What Happens if You Die without a Will in Ontario?

Everything You Need To Know About Probate in Canada | While it’s not you who handles probate—rather, it’s your executor who handles it after you pass away—it’s important to understand why having a will makes probate easier. 17 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Everything You Need To Know About Probate in Canada

Signs and Symptoms of Caregiver Stress and Burnout 16 Jan
  • by Estates Gone Wrong
  • Curated Content, Guardian Safeguards

Signs and Symptoms of Caregiver Stress and Burnout

When serving in the executor role, you may find that the deceased created trusts during his/her lifetime or even through their will. Curious about your role as an executor vs. the role of the trustee? Understand the similarities and differences... 14 Jan
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Executor vs Trustee: What’s the Difference? Who has More Power?

Demystifying Estate Planning Terminology: A Glossary of Essential Terms You Need to Know 10 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Demystifying Estate Planning: A Glossary of Essential Terms

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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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