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  • Legacy Lexicon
Will your family inherit your outstanding debts? Who’s responsible for paying them off? Can creditors pursue your beneficiaries for payment? 25 Oct
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Don’t Leave Your Family Battling Debt Collectors

The Lost Inheritance: A Cautionary Tale for Executors | Curated Content | Unclaimed Inheritance | Estates Gone Wrong 24 Oct
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

The Lost Inheritance: A Cautionary Tale for Executors

High legal and ethical standards apply to estate executors and trustees. It is essential to understand your obligations... 27 Sep
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Estate Executor “Self-Dealing” Assets: Conflict of Interest

Money left to Heart and Stroke Foundation in Will Allegedly Misappropriated | Curated Content | Charitable Bequests | Estates Gone Wrong 31 Aug
  • by Estates Gone Wrong
  • Charitable Misgivings, Curated Content

Alleged Misappropriation of Substantial Charitable Bequest

In the legal world, “testamentary intentions” refer to a person’s wishes for the administration of their estate and distribution of their assets after death. 30 Aug
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Testamentary Intention: The Interpretation of Wills

While not intended to be comprehensive in nature, this guide lays out a basic summary of what is involved and some things to keep in mind if you are involved in settling a loved one’s estate. 29 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Basic Guide to The Probate Court Process in Ontario

If a personal representative wishes to purchase estate assets, it should be with the consent of all beneficiaries or occur at fair market value with the approval of the court. 14 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

BC Supreme Court Ruling: When “Self-Dealing” May Be Allowed

Kate Rothko Prizel, the daughter of renowned abstract artist Mark Rothko, once said being 19 was the worst year of her life. Still only a teenager, in 1970, Prizel was embroiled in a bitter legal battle with her father’s estate executors and the directors of the Marlborough Fine Art gallery. 10 Aug
  • by Estates Gone Wrong
  • Curated Content, Infamous Feuds

How Greed Rocked the Art World: The Estate of Mark Rothko

After deliberating for almost one hour, jurors found that a handwritten will, discovered under a sofa cushion by Franklin’s niece after the singer’s death, was signed by the music legend in 2014 and does show her intent. 11 Jul
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Jury Reaches Verdict in Battle over Aretha Franklin’s Estate

Aretha Franklin’s Handwritten Last Wishes: a Tale of Two Wills 06 Jul
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Aretha Franklin’s Handwritten Last Wishes: a Tale of Two Wills

Probate Nightmares: The Dangers of Properties Taken Out of Trust | Property Pitfalls | Real Estate | Estates Gone Wrong 30 May
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Probate Nightmares: The Dangers of Properties Taken Out of Trust

Different Roles & Responsibilities: Trustee vs. Guardian vs. Executor 27 Apr
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Roles & Responsibilities: Trustee vs. Guardian vs. Executor

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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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