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  • Legacy Lexicon
An inter vivos transfer of property is the transfer of ownership of an asset from one living person to another during their lifetime, without the need for a will. 07 Jan
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Inter Vivos Transfer of Property: Key Characteristics & Criteria

Glossary of Legal Terms Used in Probate: England & Wales 02 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Glossary of Legal Terms Used in Probate: England & Wales

Trustee vs. Executor: Understanding the Difference and Why You Need Both | If you’re like most people, you’ll need both— the executor to oversee the execution of your will and a trustee to manage and administer your trust. 25 Dec
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Trustee vs. Executor: What is The Difference & Why You Need Both

There is no one-size-fits-all approach, so the strategy that’s right for you may not be appropriate for someone else. That’s why you should seek legal and tax advice when incorporating charitable or philanthropic giving into your estate plan. 16 Dec
  • by Estates Gone Wrong
  • Charitable Misgivings, Curated Content

Have You Built Charity & Philanthropy into Your Estate Plan?

Advance care terminology in Canada is confusing because each province uses different names for similar documents. This guide clarifies each term, explains the differences, and shows how they fit together in your estate plan. 11 Dec
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Guide to Understanding Advance Care Terminology in Canada

Trusts are an important tool for estate planning. They broadly fall into two categories: revocable and irrevocable trusts. But what is the difference and which is right for you? 28 Nov
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Revocable and Irrevocable Trusts: Key Differences Explained

Understanding the Differences Between Succession and Inheritance 13 Nov
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Understanding the Difference Between Succession & Inheritance

Careful use of wills, trusts, or both can ensure that assets and possessions are distributed as intended. Making an estate plan a priority can save time, money, and help loved ones avoid potential financial hardship and conflicts. 13 Nov
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Wills Versus Trusts: Definitions & Key Differences

If you’re considering a family settlement agreement, consulting a probate attorney can ensure the process is handled correctly and fairly. With the right guidance, your family can achieve a resolution that honors the deceased’s wishes while promoting harmony among heirs. 09 Nov
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Estate Dispute Resolution: What is a Family Settlement Agreement?

If you’ve ever wondered about the difference between an attorney and a lawyer, you are not alone. This article will explain these distinctions in detail and help you understand when to seek each type of legal professional. 08 Nov
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What is the Difference Between an Attorney and a Lawyer?

Although they are very similar legal concepts, "contracts of inheritance" and "heir agreements" are not the same. 05 Nov
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Contracts of Inheritance vs Heir Agreements

Estate Planning Legal: Frequently Asked Questions 31 Oct
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Estate Planning Legal Center: Frequently Asked Questions

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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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