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  • Legacy Lexicon
Holding Assets & Accounts Jointly with Your Kids: Know the Risks 24 Feb
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Holding Assets & Accounts Jointly with Your Kids: Know the Risks

Inheriting property can be a blessing, but it may also bring challenges, particularly if disputes arise among heirs or co-owners. Understanding the legal and practical steps to manage these disputes is crucial for protecting your interests and resolving conflicts. 19 Feb
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Inherited Property Disputes: Common Causes & Steps to Resolve

Canadian Estate Law: The Presumption of Resulting Trust 04 Feb
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Canadian Estate Law: The Presumption of Resulting Trust

An inter vivos transfer of property is the transfer of ownership of an asset from one living person to another during their lifetime, without the need for a will. 07 Jan
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Inter Vivos Transfer of Property: Key Characteristics & Criteria

Using Joint Accounts & Gifts to Avoid Estate Tax: Tread Carefully! The gifts and estate tax is a tax on any unilateral transfer from one person to another. Joint ownership does not eliminate taxes. 26 Dec
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

Using Joint Accounts & Gifts to Avoid Estate Tax: Tread Carefully!

Dealing with property matters after the loss of a loved one can be overwhelming. Learn how to navigate Ontario's survivorship application process effectively with this comprehensive guide. 28 Nov
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Guide to Completing a Survivorship Application in Ontario

Leaving your house to your children can be a meaningful way to pass on your legacy, but it is important to consider all aspects of it. 04 Nov
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Factors to Consider Before Leaving Your House to Your Children

Any property that you own in the UK, be it land or buildings, can be bequeathed to someone in your will. However, the way in which you own the property impacts how it can be passed on. 15 Apr
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Including Property in Your Will in the UK: What You Should Know

Probate planning pitfalls: The risks that you need to consider before adding your child to the title of your home for estate planning purposes 12 Mar
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Adding Your Child to The Title of Your Home: Know The Risks!

Testators should know the risks before using joint ownership as an estate planning tool.  16 Feb
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Joint Ownership of Property: Know the Risks

Having a plan in place will go a long way in providing both partners with peace of mind in the event of a relationship breakup. Explore "10 ways to divorce-proof your assets and protect your wealth"... 09 Jan
  • by Estates Gone Wrong
  • Curated Content, Life Events

Wealth Preservation: 10 Ways to Divorce-Proof Your Assets

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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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