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Have Canadian boomers saved enough for retirement? It doesn't seem like it... And the numbers suggest this isn’t just a handful of unlucky families. It’s a structural problem with how an entire generation approached retirement. 29 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Why Canadian Kids Are Bailing Out Boomer Parents

It’s a common misconception that debt disappears when someone dies — but this isn’t usually the case, especially when inheriting a house with debt. While you may not be personally responsible for a decedent’s loans, the debt must still be addressed, or the house risks foreclosure. 11 Mar
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Inheriting a House with Debt: Understanding Your Options

Are you planning to leave real estate to a loved one under your Will? Do you want that property to be transferred free of debt or other claims? Language matters! 08 Aug
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Navigating Bequests of Real Estate: Language Matters!

Leaving a cherished family home to your children might seem like a loving and generous gesture, but —without proper planning— it can quickly become a source of conflict and stress. 01 Jul
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Leaving Property to Multiple Heirs: a Recipe for Family Conflict

Recent court ruling underscores a fundamental lesson for charities involved in property or trust matters: clear, formal documentation is essential. Without a properly executed declaration of trust, even well-intentioned trust arrangements can fall short in court. 27 Mar
  • by Estates Gone Wrong
  • Charitable Misgivings, Curated Content

The Case of The Property Trust: a Cautionary Tale for Charities

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

Millions of US boomers are refusing to give their $84 trillion in real estate, wealth away to their adult kids — here’s why and what it means for the US economy 12 Feb
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

US Boomers Reassessing Priorities: Impact on Future Homeownership

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

Transferring Property Title to a Trustee: Step-by-Step Guide 13 Sep
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Transferring Property Title to a Trustee: Step-by-Step Guide

Judge Orders Guardianship Firm to Return Thousands to Elderly Woman | Curated Content | Elder Care | Court Rulings | Estates Gone Wrong 05 Sep
  • by Estates Gone Wrong
  • Curated Content, Long-Term Care Crisis

Judge Orders Guardianship Firm to Return Thousands to Elderly Woman

Ontario Superior Court Removes Estate Executor to Resolve Deadlock | Property Pitfalls | Family Disputes | Case Ruling | Estates Gone Wrong 03 Sep
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Ontario Superior Court Removes Estate Executor to Resolve Deadlock

What to Do if You Inherit a House with a Mortgage | Curated Content | Property Pitfalls | Real Estate | Inheriting Debt | Estates Gone Wrong 27 Aug
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

What to Do if You Inherit a House with a Mortgage

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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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