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  • Legacy Lexicon
Central to this journey is the unwavering commitment to transparent communication... Although rife with complexity, estate administration can be navigated with sagacity and a judicious approach. 10 Apr
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

Unwavering Commitment to Transparent Communication

Disinheritance allows you to choose not to leave an inheritance to someone, leaving them no part of your estate after your death. However, estate law is complicated and can create barriers to a successful disinheritance. 03 Apr
  • by Estates Gone Wrong
  • Curated Content, Related Resources

How To Legally Disinherit Someone: Step-by-Step Guide

Frequently Asked Questions: Role & Responsibilities of The Executor 02 Apr
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How Much Time & Effort is Involved in Serving as an Estate Executor?

With proper planning and guidance, estate matters don’t have to be stressful. This post will walk you through everything you need to create a solid estate plan in Ontario. 02 Apr
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Estate Planning Ontario: A Simple Guide to Getting It Right

Estate disputes can tear families apart and leave valuable assets in limbo. When tensions rise and estate administration becomes impossible, there is a powerful legal solution that many people do not know about: an Estate Trustee During Litigation (ETDL). 25 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

“Estate Trustee During Litigation” (ETDL): Benefits & FAQs

What rights do the beneficiaries of a will get and what does it mean for others involved in the administration of the estate? Find out what you need to know, as the executor of an estate... 21 Mar
  • by Estates Gone Wrong
  • Beneficiary Rights, Curated Content

Executors: What Do Beneficiaries Have a Legal Right to Ask of You?

A contingent beneficiary is a backup beneficiary who inherits assets if the primary beneficiary is unable to, for example, if they predecease you or are unable to accept the inheritance. You likely need a contingent beneficiary to ensure your assets are distributed as intended, even if your primary beneficiary can't receive them.  19 Mar
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

What is a Contingent (or Secondary) Beneficiary?

In estate planning, a beneficiary designation is the act of naming the person or entity who will inherit specific assets, like life insurance proceeds or retirement account balances, upon your death, bypassing the probate process.  18 Mar
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Beneficiary Designations: Bypassing the Probate Process

Sudden wealth is often seen as a dream come true. But the reality is far more complex— What losing $14 Million taught estate planning attorney, Paul Deloughery, about sudden wealth and inheritance... 14 Mar
  • by Estates Gone Wrong
  • Curated Content, Squandered Fortunes

$14 Million Lesson: The Hidden Dangers of Sudden Wealth

Although still commonly used, in Ontario the term "probate" stopped being officially used on April 1, 1995 (no joke…). What is the process to obtain a Certificate of Appointment, with or without a will? This article answers some of the most common questions... 11 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Frequently Asked Questions About Certificates of Appointment

Understanding your rights as a beneficiary is pivotal when navigating the complexities of trust and estate matters. When beneficiaries are informed and involved, it fosters a climate of fairness and confidence in the legal proceedings. 10 Mar
  • by Estates Gone Wrong
  • Beneficiary Rights, Curated Content

Shedding Light on Beneficiary Entitlements During Probate

While beneficiaries have many rights, the reality of probate can still create challenges. Navigating these obstacles is often more manageable when you know what to expect.  05 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What Rights Do Beneficiaries Have During Probate?

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Topics:

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Recent:

Long-Term Care (LTC) is expensive, unpredictable and often prolonged. The projected “great wealth transfer” may therefore become far more concentrated among families who are wealthy enough to absorb years of care costs without exhausting their assets.

US Long-Term Care Costs ‘Eating into’ Family Wealth

Estate trustees (Executors) have a duty to keep accurate records of estate assets and transactions throughout their administration and to account to beneficiaries at appropriate intervals.

Keeping Meticulous Records: Practical Tips for Executors

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.

Why Canadian Kids Are Bailing Out Boomer Parents

A handshake promise to leave the family farm can legally override a written will in New South Wales. The legal mechanism is equitable estoppel, and courts have enforced it in farm succession disputes where the evidence is strong enough.

NSW Inheritance Law: Can a Verbal Promise Override a Will?

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