Skip to content
Browse All Posts
  • Estates Gone Wrong
  • Featured Topics
  • Frequently Asked Questions
  • Related Resources
  • Legacy Lexicon
  • Estates Gone Wrong
  • Featured Topics
  • Frequently Asked Questions
  • Related Resources
  • Legacy Lexicon
Glastonbury Founder Could Avoid £80m in Inheritance Tax 30 Jun
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Glastonbury Founder Could Avoid £80m in Inheritance Tax

This article will provide a comprehensive overview of capital gains on inherited property in Canada, explain who pays the tax, explore strategies to reduce or avoid it, and answer frequently asked questions to ensure you have a clear understanding of your obligations and options. 24 Jun
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

How to Avoid Paying Capital Gains Tax on Inherited Property in Canada

As you navigate your necessary estate planning decisions, here are a few crucial mistakes plenty of people make, but that you'll want to avoid. 15 May
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Safeguard Your Legacy: Don’t Make These Costly Mistakes!

Passing down real estate to loved ones gets more complex when the property lies across international borders. Unlike domestic transfers, international real estate transfers involve navigating different legal systems, tax obligations, and reporting requirements. Luckily, there are legal structures and tax strategies that can minimize the complications and ensure that your property passes smoothly to your heirs. 02 May
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

How to Pass Down Real Estate Across Borders Without Tax Nightmares

If you're inheriting assets, understanding inheritance tax is crucial to avoid unexpected tax bills. This article details everything you need to know—what it is, which states have it, and how you can minimize its impact. 23 Apr
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

Understanding & Minimizing State Inheritance Tax Obligations

14 Unexpected Ways a Surprise Inheritance Can Complicate Your Life | Here's how to prepare yourself financially if you get an unexpected inheritance so you avoid costly missteps... 20 Apr
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Surprise! An Inheritance Can Complicate Your Life

There’s a common myth that Canada doesn't have an inheritance tax, but before you start making financial plans or decisions, having the full picture is important. Whether leaving an inheritance or expecting to receive one, know the tax implications ahead of time. 14 Apr
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Myths & Misconceptions About Inheritance Tax 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

Estate Planning in Canada is an essential step that helps you manage your assets as you wish while minimising tax difficulties for the beneficiaries. Although there are no inheritance taxes, addressing key tax considerations helps protect your legacy and care for your loved ones. 22 Feb
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

Proactive Steps to Minimise Your Estate’s Tax Burden

Canadian Inheritance Tax on Property: What You Should Know | Property Pitfalls | Real Estate | Capital Gains Tax | Estates Gone Wrong 16 Feb
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Canadian Inheritance Tax on Property: What You Should Know

Inheritance rules in Canada can be complex, but the good news is that most inheritances are tax-free. However, there are important tax implications depending on the type of assets inherited... 26 Jan
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How Much Can You Inherit Tax-Free in Canada?

This guide will help you explore the key aspects of inheritance tax in Canada for non-residents, taxes on property, and cross-border tax concerns for Canadians inheriting overseas. 24 Jan
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Canadian Inheritance Tax 2025: Frequently Asked Questions

  • 1
  • 2
  • 3
  • 4

Search

Topics:

  • Beneficiary Rights (28)
  • Bizarre Bequests (32)
  • Celebrity Estates (60)
  • Charitable Misgivings (32)
  • Common Mistakes (52)
  • Communication Breakdowns (46)
  • Digital Distress (58)
  • Family Disputes (69)
  • Guardian Safeguards (38)
  • Infamous Feuds (34)
  • Law Reform (38)
  • Life Events (32)
  • Long-Term Care Crisis (36)
  • Property Pitfalls (54)
  • Squandered Legacies (28)
  • Succession Lessons (42)
  • Tax-Smart Strategies (38)
  • Unique Assets & Interests (40)

Recent:

A will is intended to provide clear instructions about the distribution of a person’s property after death. But what happens when an important clause is missing? This recent Ontario court case is a useful reminder of the difficulties that can arise...

What Happens When a Will is Missing an Important Clause?

In many cases, an executor’s first instinct is not to call a lawyer. It is to ask Google. The problem? Google can provide thousands of answers, many of which are incomplete, inaccurate, or based on another jurisdiction. Executors need practical guidance tailored to the particular estate they are administering.

Cautionary Guidance for Executors: Google at Your Own Risk!

Many people hear “executor” and think it means reading the will and writing a few checks. In reality, executors can face personal liability. Find out exactly what you're agreeing to, before you agree...

Agreeing To Serve As Executor: Not As Simple As It Sounds

Holograph wills and codicils are often viewed as a simple and inexpensive way to record testamentary wishes. Ironically, the very simplicity that makes holograph codicils attractive can also make them extraordinarily vulnerable...

Ontario Case Study: The Hidden Risks of a DIY Codicil

Story Submission

We know, this can be a very sensitive topic. If you have a personal story or a cautionary tale —a link to a specific article, blog post, or recommended resource that you found particularly helpful in your own estate planning and administration journey— anonymous submissions are welcomed and encouraged.

Share Your Story

Search:

Follow:

Explore:

Administration Canada Capacity Court Battles Court Rulings Debt Definitions Designations Eldercare End-of-Life Planning Estate Tax Executor Fiduciary Duty Glossary Guardianship Guide High Net Worth Industry Expert International Jurisdictions Law Reform Lawsuits Litigation Philanthropy Powers of Attorney Probate Professional Advisor Real Estate Resources Roles Siblings Statistics Strategies Succession Survivorship Tax Technology Terminology Testator Intent Transparency Trustee Trusts United States Vulnerable Adults Watchable
©estatesgonewrong.com