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  • Legacy Lexicon
Estate planning is full of jargon and look-alike terms that can trip people up. A few small words can make a big difference. Here’s a Plain-English Guide to The Most Commonly Confused Estate Planning Terms... And What They Really Mean! 17 Sep
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Commonly Confused Estate Planning Terms: Florida Law

The decision of how to divide inherited property between siblings can be a complex one. In this article, Keystone explores how to divide inherited property between siblings fairly, and common disputes and solutions when inheriting a house with siblings. 12 Sep
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Inheriting a House with Siblings: Not as Straightforward as it Seems

Not all couples want to be married, but there are some legal benefits that come with a government-recognized union. Unmarried couples should consider the following 9 Estate Planning tips... 11 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Estate Planning Tips for Unmarried Couples: United States

This case is a testament to how even well-intentioned actions, when shrouded in ambiguity, can ignite protracted legal battles, leaving emotional scars and financial burdens on grieving families. 06 Jun
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

A Family Divided: Vancouver Condo at Centre of Estate Dispute

Can You Avoid Impending Capital Gain on Your Family Cottage? 05 Jun
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Can You Avoid Impending Capital Gain on Your Family Cottage?

In estate planning, the "right of survivorship" refers to a legal principle that, in joint ownership arrangements, the surviving owner(s) automatically inherit the deceased owner's share of the property or asset without it going through the probate process. This is a key feature of joint tenancy, which allows for a smoother and faster transfer of ownership upon death.  27 May
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Definitions: Understanding the “Right of Survivorship”

Frequently Asked Questions: What is "Right of Survivorship"? 22 May
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Frequently Asked Questions: What is “Right of Survivorship”?

The Pitfalls of Joint Ownership: Know the Risks 22 May
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

The Pitfalls of Joint Ownership: Know the Risks

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 are considering adding someone to the title of your home for estate planning purposes, it is essential to seek professional guidance in order to mitigate the risks of doing so... 16 Apr
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

How Using Joint Tenancy as an Estate Planning Tool Can Go Wrong

There can be sentimental reasons to keep inherited real estate, but —unless you plan to use the property personally— you should ask yourself: would you buy that real estate with an equivalent amount of cash? 17 Mar
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Inheriting Real Estate: Ask Yourself “Would You Buy it?”

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

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Inheriting a collection is a significant emotional and financial event. It connects us to our past, to loved ones, and to histories that may span generations. Yet, it also presents a daunting challenge: how to decide what to keep and what to sell. 

Inherited Collectibles: Practical Tips for Deciding What to Keep or Sell

Over the past decade, a caregiving crisis has been building in the workplace. Currently, 35% of the Canadian workforce or 8 million people, are struggling and juggling their work responsibilities with caregiving duties.

Caregiving Crisis at Work: Millions of Canadians Struggling

Discretionary trusts can be an effective way to provide for beneficiaries without granting them fixed entitlements. However, these structures can create uncertainty for beneficiaries... Understanding the legal framework is critical for both sides.

Ontario Guide to Discretionary Trusts and Beneficiary Rights

What happens when the domestic tax rules of two different countries look at the same person and both conclude that the individual is a tax resident?

Navigating Dual-Residency: Canada’s Tax Treaty Tie-Breakers

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