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  • Legacy Lexicon
Second Marriages: Potential Conflicts & the Impact on Your Estate Plan 10 Jan
  • by Estates Gone Wrong
  • Curated Content, Life Events

Second Marriage? Update Your Estate Plan to Avoid Potential Conflicts!

What is the gift tax limit for 2025 and how does it affect IRS gift and estate tax exemptions? This article will explore the impact of the new limits, explain how gift and estate tax exemptions work, and guide you through maximizing your gifting and estate planning potential. 08 Jan
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

Reassess Your Strategy: Gift & Estate Tax Exemptions in 2025

Separated Spouses and Intestacy: Important Changes Coming in 2025 | A significant change in Ontario’s estate law is about to take full effect, impacting separated spouses and their inheritance rights. 06 Jan
  • by Estates Gone Wrong
  • Curated Content, Life Events

Separated Spouses and Intestacy: Important Changes in 2025

Like most things involving blended families, estate planning can be challenging. With children from past relationships or a new marriage, you need to plan carefully to take care of everyone. 31 Oct
  • by Estates Gone Wrong
  • Curated Content, Life Events

Why Estate Planning is More Challenging for Blended Families

In a typical estate plan, each spouse leaves their assets to the other. When the second spouse passes away, assets are distributed to their children. But what happens to your estate plan if you remarry? And what if you have children from a prior marriage? 10 Oct
  • by Estates Gone Wrong
  • Curated Content, Life Events

Remarriage: a New Family Calls for a New Estate Plan

Ontario's Family Law Act: "Entitlement to Equalization" in Action | Family Disputes | Court Battles | Case Ruling | Estates Gone Wrong 16 Sep
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Ontario’s Family Law Act: Entitlement to Equalization

Understanding the Role of Prenups in Estate Planning | This article explores the intersection of prenups and estate planning, with a specific focus on how these agreements are utilized in Missouri 27 Aug
  • by Estates Gone Wrong
  • Curated Content, Life Events

Understanding the Role of Prenups in Estate Planning

Uncover the impact of life's big moments on estate planning. From saying "I do" to gracefully ageing, learn why updating your Will is a must. Get valuable insights into how these events shape your estate planning decisions and tips for navigating them smoothly.  18 Aug
  • by Estates Gone Wrong
  • Curated Content, Life Events

Five Major Life Events That Affect Your Estate Planning 

Certain assets are generally excluded from the net family property calculation, provided they were not used for family purposes or did not significantly change in nature during the marriage. The complexity of family law make it essential to seek professional legal advice. 10 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Net Family Property (NFP) in Ontario: A Complete Guide

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

Comprehensive estate planning requires careful thought and conversation with your spouse or life partner. Before meeting with an estate planning attorney, it is best to discuss your ideas to present a united goal.  28 Nov
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Talking to Your Spouse or Partner About Estate Planning

Different kinds of life events will have different impacts on your finances. If you’re going through one of these life transitions or are preparing for a change, this article has information that you might find valuable... 14 Jul
  • by Estates Gone Wrong
  • Curated Content, Life Events

Overcoming The Financial Impacts of Major Life Events

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No Heirs? Protect Yourself, Before You ‘Blow Your Nest Egg’!

The Court of Appeal recently released a decision dismissing appeals against conviction of a former Toronto police officer who fabricated the last will and testament of Heinz Siegfried Sommerfeld to benefit the police officer.

Consequences of ‘Stealing’ an Estate: Ontario Fraudulent Will Case

Estate planning is about making sure the people you love aren’t handed a legal and financial mess on the worst day of their lives. None of these steps are complicated, and most can be started this month. The only truly expensive option is waiting.

5 Estate Planning Steps Canadians Delay The Most

Talking with family about estate planning is one of the most loving conversations you can have. Because it’s so important to have these conversations, here are six key things to keep in mind when discussing estate planning with your loved ones...

6 Tips to Help You Talk to Your Family About Estate Planning

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