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  • Legacy Lexicon
When a parent leaves an inheritance as a legacy for their children, the intent is always to secure their future. Statistics tell us that 1-in-3 heirs end up blowing all the money, rather than stewarding it well. 31 Jan
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

How One Woman Almost Lost a $4M Inheritance

This comprehensive guide explores probate requirements across Canada’s provinces and territories, highlighting the steps involved, costs, and unique regional considerations. 29 Jan
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Probate Requirements Across Different Canadian Provinces

What are the Most Common Factors Contributing to Inheritance Disputes? 28 Jan
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What Causes Inheritance Disputes? Can They Be Avoided?

Inheritance rules in Canada can be complex, but the good news is that most inheritances are tax-free. However, there are important tax implications depending on the type of assets inherited... 26 Jan
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How Much Can You Inherit Tax-Free in Canada?

In Ontario, the absence of a valid will can lead to complexities, uncertainties, and outcomes that may not align with your wishes. 17 Jan
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What Happens if You Die without a Will in Ontario?

Everything You Need To Know About Probate in Canada | While it’s not you who handles probate—rather, it’s your executor who handles it after you pass away—it’s important to understand why having a will makes probate easier. 17 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Everything You Need To Know About Probate in Canada

There are numerous factors at play in this increase in probate disputes; we have an ageing population, with diverse family members and estates that are worth increasing amounts. Couple that with people being more aware that they can bring some sort of claim, and there is a perfect recipe for an increase in claims. 10 Jan
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What is Causing the Increase in Contentious Probate Claims?

An inter vivos transfer of property is the transfer of ownership of an asset from one living person to another during their lifetime, without the need for a will. 07 Jan
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Inter Vivos Transfer of Property: Key Characteristics & Criteria

Unique assets often fall outside the typical scope of financial portfolios or real property, requiring specialized knowledge, valuation, and management. 06 Jan
  • by Estates Gone Wrong
  • Curated Content, Related Resources

High Net Worth Estates: The Challenges of Unique Assets

Glossary of Legal Terms Used in Probate: England & Wales 02 Jan
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Glossary of Legal Terms Used in Probate: England & Wales

Blockchain technology is changing the way we think about digital ownership and estate planning. By understanding how blockchains work and how digital assets are stored and transferred, one can make informed decisions about how to protect these assets for future generations. 02 Jan
  • by Estates Gone Wrong
  • Curated Content, Digital Distress

Blockchain Technology: Digital Ownership & Estate Planning

How do you approach estate planning if your property is divided between Florida and another country? Don’t assume Florida and Canada have the same laws! Consider putting your Florida property into a Trust... 18 Dec
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Florida Estate Planning for Canadian Snowbirds

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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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