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  • Related Resources
  • Legacy Lexicon
If you’re like many Canadians, you know you should create an estate plan, but may keep putting it off. This primer will introduce you to terms you should understand so you can prepare for the creation of your estate plan confidently. 03 Apr
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Understanding Will and Estate Planning Terms

When it comes to preparing for the future, understanding the difference between estate planning and a will is crucial. While both play a significant role in managing your assets after your passing, they serve different purposes and offer unique benefits. 25 Mar
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Comprehensive Guide to Estate Planning Terms

An advance directive is a broad term for legal documents outlining your wishes for medical care if you become unable to make decisions, while a living will is a specific type of advance directive that focuses on end-of-life medical treatment.  19 Mar
  • by Estates Gone Wrong
  • Frequently Asked Questions, Generated Content

What is the Difference Between an Advance Directive & a Living Will?

Divorce significantly impacts estate plans, potentially invalidating provisions naming a former spouse as a beneficiary or executor, so a review and update are crucial.  13 Mar
  • by Estates Gone Wrong
  • Generated Content, Life Events

The Significant Impact of Divorce on Your Estate Plans

While contemplating the possibility of incapacity can be uncomfortable, preparing for it with Powers of Attorney and Living Wills is a crucial aspect of responsible planning. By taking these steps, you can ensure your wishes are respected during challenging times. 11 Mar
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Planning for Incapacity: Powers of Attorney & Living Wills

Can You Decline or Step Down as Power of Attorney in Canada? 10 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Can You Decline or Step Down as Power of Attorney in Canada?

Unexpected events like accidents or sudden health changes can happen to anyone, regardless of age or health status. Get answers to frequently asked questions in "Advance Care Planning FAQs" by ACP Canada... 03 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Advance Care Planning (ACP) Canada: Frequently Asked Questions

Elderly guardianships are complex and have consequences. If you’re considering legal guardianship for a parent or loved one, seeking professional legal advice is critically important. 26 Feb
  • by Estates Gone Wrong
  • Curated Content, Guardian Safeguards

Legal Guardianship of an Aging Parent: What You Need to Know

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

Finding the right will making software for your family situation can streamline the process and allow you to have everything in order for your heirs. These sites can help you create an affordable will online... 20 Feb
  • by Estates Gone Wrong
  • Curated Content, Related Resources

How to Create an Affordable Will Online: United States

Michigan has its own unique set of rules when it comes to estate planning, and knowing these can help you safeguard your family’s future. 19 Feb
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Easy Estate Planning Tips for Michigan Residents

Almost half of all Canadians lack estate plans, leaving financial and medical decisions uncertain: Scotiatrust survey reveals gaps in wills and power of attorney documents, leaving key decisions unmade... 07 Feb
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Scotiatrust Estate Planning Survey Finds Canadians Unprepared

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With many estates being administered over extended periods —by older spouses, siblings, or peers— the risk that an executor becomes incapable is very real and foreseeable. Planning for incapacity at the drafting stage is key...

What Happens When An Estate Executor Becomes Incapable?

Navigating the legal maze of Canadian Estate Planning can be exceptionally daunting due to the recent enforcement of transparency mandates across all provinces. This article examines the structural steps required to successfully execute a family trust in Canada...

How To Set Up a Family Trust in Canada: 2026 Action Plan

Before you set up a living trust, make sure you’re positive that it’s the right tool for your particular situation. Learn more in this step-by-step guide to setting up a living trust in Canada…

How Do I Set Up a Living (Inter Vivos) Trust in Canada?

This article provides general information only. Estate administration rules and procedures vary across provinces and territories, and legal advice is recommended in most cases.

Estate Administration: Practical First Steps for Executors

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