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  • Legacy Lexicon
Loucks & Loucks LLP – Barristers & Solicitors – Powers of Attorney, Wills, Trusts, Estates & Estate Planning – Chesley, Ontario, Canada 10 Sep
  • by Listings Manager
  • Canada, Directory, Ontario

Loucks & Loucks | Barristers & Solicitors | Chesley Ontario

02 Sep
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Siblings Battle Over Highly Collectible 1964 Ferrari

The multibillion-dollar fortune belonging to the reclusive Hermès heir has seemingly vanished months after he promised to donate a large chunk of his colossal inheritance to his gardener. 01 Aug
  • by Estates Gone Wrong
  • Curated Content, Squandered Legacies

Hermès Heir’s $13B Fortune Has ‘Seemingly Vanished’

18 Sep
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Estate Planning Strategies: 7 Common Uses for Trusts

Over time, for various reasons, there’s often a mix of unequal gifting of assets or loans to children. As a result, parents often ask: How do I make things fair to all my children when I’m gone? Enter the hotchpot clause... 10 May
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Ancient “Hotchpot” Clause Helps Solve Modern Day Problems

An inter vivos transfer is one made during the grantor's lifetime. Inter vivos gifts, which include property related to an estate, are not subject to probate taxes since they are not part of the donor's estate at death. 16 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Inter Vivos Gifts: What Are They? How Do They Work?

Family Enterprise Canada: Effective Estate Planning Tools 21 Feb
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Family Enterprise Canada: Effective Estate Planning Tools

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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

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