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Estate Planning and Divorce: Frequently Asked Questions 29 Jan
  • by Estates Gone Wrong
  • Frequently Asked Questions, Generated Content

Estate Planning and Divorce: Frequently Asked Questions

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

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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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