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  • Legacy Lexicon
From primary and contingent beneficiary designations to revocable and individual beneficiary designations... Understanding these designations is crucial in ensuring that your assets are distributed according to your wishes. 18 Jul
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Understanding the Different Types of Beneficiary Designations

Leaving behind a thoughtful estate plan that you’ve discussed beforehand with your loved ones will ensure that they won’t be burdened with unnecessary stress during an already difficult time. Here’s what you need to know about planning ahead in Ontario. 11 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Complete Guide to Planning Your Estate: Ontario

As we grow older and enter retirement, we face many LIFE-CHANGING decisions. We must consider long-term care, financial well-being, and, ultimately, our end-of-life planning. Fortunately, there are legislations in place to protect the rights and interests of older individuals. 31 May
  • by Estates Gone Wrong
  • Curated Content, Long-Term Care Crisis

Elder Care Law: A Comprehensive Guide for Families

Long-Term Care Expenses Can Destroy Your Estate Plan | Elder Care Costs | Tax Implications | LTC Insurance | Estates Gone Wrong 23 May
  • by Estates Gone Wrong
  • Curated Content, Long-Term Care Crisis

Long-Term Care Expenses Can Destroy Your Estate Plan

Life Insurance can be used as an extremely useful estate-planning tool that can go far beyond keeping your family financially secure. It can help maximize your estate’s value and ensure that your will is distributed fairly, all while funding your estate’s tax liabilities. 15 May
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

Estate Preservation Strategies: The Tax Benefits of Life Insurance

When combined with the nuances of deemed disposition, estate planning can quickly become complex. Personalized advice is invaluable for devising a strategy to maximize your wealth transfer to the people and causes you love. 15 Feb
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Deemed Disposition at Death: Top Questions Answered

Understanding Probate in Canada: Everything You Need to Know | Probate is a crucial process in the Canadian legal system that ensures the deceased person’s estate is distributed according to their wishes. 21 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Understanding Probate in Canada: Everything You Need to Know

Money left to Heart and Stroke Foundation in Will Allegedly Misappropriated | Curated Content | Charitable Bequests | Estates Gone Wrong 31 Aug
  • by Estates Gone Wrong
  • Charitable Misgivings, Curated Content

Alleged Misappropriation of Substantial Charitable Bequest

Estate Planning: 6 Big Mistakes You Might Be Making | Curated Content | Common Mistakes | Estates Gone Wrong 23 Feb
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Estate Planning: 6 Big Mistakes You Might Be Making

During this highly stressful and overwhelming time, it is important to remember that financial well-being can be critical to your path to mental wellness. These five steps are a good place to start... 11 Jan
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Financial Well-Being: Coping with Debt After Losing Your Spouse

Strangest Things Left in Wills | Curated Content | Strange Tales | Inheritance Horror Stories | Bizarre Bequests | Estates Gone Wrong 15 Jul
  • by Estates Gone Wrong
  • Bizarre Bequests, Curated Content

Bizarre Things People Have Left in Their Wills

Estate Planning Mistakes of the Rich and Famous | Curated Content | Celebrity Estates | Inheritance Horror Stories | Estates Gone Wrong 13 Apr
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Estate Planning Mistakes of the Rich and Famous

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Topics:

  • Beneficiary Rights (26)
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  • Charitable Misgivings (32)
  • Common Mistakes (52)
  • Communication Breakdowns (42)
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  • Family Disputes (68)
  • Guardian Safeguards (38)
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  • Unique Assets & Interests (28)

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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