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  • Legacy Lexicon
If you’re like many Canadians, you know you should create an estate plan, but may keep putting it off. This primer will introduce you to terms you should understand so you can prepare for the creation of your estate plan confidently. 03 Apr
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Understanding Will and Estate Planning Terms

Frequently Asked Questions: Role & Responsibilities of The Executor 02 Apr
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How Much Time & Effort is Involved in Serving as an Estate Executor?

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

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

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

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

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

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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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