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  • Legacy Lexicon
For families with a loved one receiving disability assistance, an inheritance can have unintended and damaging consequences. A well-intentioned gift can disrupt eligibility for essential government benefits, often outweighing any short-term financial gain. 25 Jun
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Cautionary Tale: Estate Planning for a Loved One With a Disability

24 Jun
  • by Estates Gone Wrong
  • Frequently Asked Questions, Generated Content

Ontario Law: What is an Absolute Discretionary or a “Henson Trust”?

Trusts are versatile planning vehicles that can help Canadians protect what they’ve built, plan for the future and support the people and causes they care about – regardless of their net worth. 23 Jun
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Wealth Preservation: The Role of Trusts in Estate Planning

Court rules against woman who sought to have $1.8-million inheritance placed in fully discretionary trust to avoid losing disability benefits... 12 Feb
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

B.C. Court Rules Against Woman Seeking to Impose Henson Trust

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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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