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  • Legacy Lexicon
The Government of Canada has published a useful online guide explaining the tax responsibilities of legal representatives for the estates of deceased individuals. This guide sets out a 4-stage process... 15 Mar
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Tax Responsibilities of Legal Representatives of Estates: Canada

If Hendrix had even done a simple will that properly spelled out his wishes, a large amount of the litigation would have been avoided and it would have ensured that his wishes were followed. 18 Jan
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

The Estate of Jimi Hendrix: Decades of Drama & Costly Litigation

Daughters of late Hollywood legend Paul Newman filed a lawsuit against the Newman's Own Foundation (NOF), claiming their father's legacy is "under assault" by the "very organization he founded in an effort to preserve and expand that legacy." 23 Aug
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Paul Newman’s Daughters Claim Father’s Legacy is ‘Under Assault’

When Caretakers Empty the Coffers: A Look at Guardianship Fraud 13 Apr
  • by Estates Gone Wrong
  • Curated Content, Guardian Safeguards

When Caretakers Empty the Coffers: A Look at Guardianship Fraud

Executors are often surprised by how long their newly accepted “job” will be. Beneficiaries are equally surprised to hear how long it might take before they start seeing estate funds come their way. How long does it take to administer an estate? 03 Aug
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How Long Should it Take to Administer an Estate?

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Recent:

Ever thought about gifting a property to your children? I recently had this very discussion with my own aging parents. This resulted in some important discussions about our family home, their goals and consideration for the tax outcomes of any decisions made...

Transferring the Family Home: Considerations for Canadians

Transferring property to heirs "inter vivos" offers emotional benefits and potential probate fee reduction, but can trigger an immediate capital gains tax liability and means a loss of control and potential exposure to your heir's creditors. 

Gifting Property to Your Heirs “Inter Vivos”: Pros and Cons

Major life transitions can cause stress that makes it hard to think clearly, leading to poor financial decisions. A Certified Financial Transitionist can help you manage the financial and emotional aspects of these events.

The Financial and Emotional Challenges of Major Life Changes

Staying informed isn’t just good practice. It protects relationships, builds trust, and ensures clients feel safe and supported. Consider bookmarking the BankSafe Dementia Hub as a go-to reference when navigating delicate client situations.

Dementia Hub: Fraud Prevention Resources from AARP

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