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  • Legacy Lexicon
Navigating the complexities of taxes after death can be daunting, but it’s crucial for ensuring that your estate is managed effectively and your beneficiaries are protected. 12 Apr
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

Navigating the Complexities of Taxes after Death in Canada

Estate taxes in Canada can be confusing, but understanding the key rules can save your family money. By understanding these essentials, you can take action now to ensure your family keeps more of what you’ve built. 11 Apr
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

Complete Guide to Estate Taxes in Canada

Central to this journey is the unwavering commitment to transparent communication... Although rife with complexity, estate administration can be navigated with sagacity and a judicious approach. 10 Apr
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

Unwavering Commitment to Transparent Communication

If you’re between 35 and 65, chances are you know someone who has been diagnosed with a terminal illness. It’s a tough reality, but if there’s still time, helping them get their estate in order can provide peace of mind for them and their loved ones. 07 Apr
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Estate Planning for the Terminally Ill: A Practical Guide

Charitable Giving: Legacy is More than What You Leave Behind 04 Apr
  • by Estates Gone Wrong
  • Charitable Misgivings, Curated Content

Charitable Giving: Legacy is More than What You Leave Behind

Disinheritance allows you to choose not to leave an inheritance to someone, leaving them no part of your estate after your death. However, estate law is complicated and can create barriers to a successful disinheritance. 03 Apr
  • by Estates Gone Wrong
  • Curated Content, Related Resources

How To Legally Disinherit Someone: Step-by-Step Guide

Real-life family drama surrounding media mogul Rupert Murdoch offers valuable succession lessons for business owners... 03 Apr
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Murdoch Family Drama Offers Valuable Succession Lessons

With proper planning and guidance, estate matters don’t have to be stressful. This post will walk you through everything you need to create a solid estate plan in Ontario. 02 Apr
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Estate Planning Ontario: A Simple Guide to Getting It Right

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

What rights do the beneficiaries of a will get and what does it mean for others involved in the administration of the estate? Find out what you need to know, as the executor of an estate... 21 Mar
  • by Estates Gone Wrong
  • Beneficiary Rights, Curated Content

Executors: What Do Beneficiaries Have a Legal Right to Ask of You?

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

In Canada, inheritance laws are primarily governed by the provincial and territorial laws rather than a single federal law, as inheritance matters are under provincial jurisdiction. However, certain general principles apply across the country... 12 Mar
  • by Estates Gone Wrong
  • Beneficiary Rights, Curated Content

Inheritance Laws in Canada: Understanding Provincial Jurisdiction

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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

Estate trustees (Executors) have a duty to keep accurate records of estate assets and transactions throughout their administration and to account to beneficiaries at appropriate intervals.

Keeping Meticulous Records: Practical Tips for Executors

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?

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