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  • Legacy Lexicon
Trusts let you control how and when your assets are passed on. The stipulations you outline in the trust can help your beneficiaries use it wisely. 01 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Comprehensive Guide to the Many Different Types of Trusts

Minimizing taxes on Estates can go a long way in providing maximum benefit to the heirs and reducing their financial burden. However, it takes timely planning and exploration of a variety of strategies. Here are some longstanding tips and tricks for this purpose. 30 Jul
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

What Can I Do To Minimize Estate Taxes in Canada?

Ontario Court Ruling: Funds transferred to deceased's Daughter were "valid inter vivos gifts" and not subject to a resulting trust. 30 Jul
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Court Rules in Favour of Daughter: the Validity of Inter Vivos Gifts

Learn how to establish a trust fund that supports your child's future success. Discover practical steps and essential tips. 28 Jul
  • by Estates Gone Wrong
  • Curated Content, Life Events

Life Events: How to Set Up Trust Fund for Your Child

A Cautionary Tale in Will Drafting and Limitation Periods... When Does the Clock Start Ticking? 28 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

A Cautionary Tale in Will Drafting and Limitation Periods

The stakes are higher than most people realize. Without proper estate planning, your family could lose thousands of dollars to unnecessary taxes, face months of legal delays, and endure family conflicts that could have been easily prevented. 28 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Complete Guide to Protecting Your Family: Estate Planning Ontario

Dealing with the loss of a loved one is overwhelming, and the complexity of probate court can add to the stress. Clear communication about fee responsibility allows families to focus on honoring their loved one’s wishes... 26 Jul
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Probate Attorney Fees: Who Covers These Costs?

Is Inheritance Considered Marital Property in Canada? 25 Jul
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Is Inheritance Considered Marital Property in Canada?

The things that matter most aren’t always in a bank account— "The $2 Million Lawsuit That Started Over Grandma’s Lasagna Recipe"... 24 Jul
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Siblings Battle Over Rights to Grandma’s Lasagna Recipe

This in-depth guide explores strategies and best practices to help you create a thoughtful, effective estate plan that protects your blended family and prevents future conflicts. 22 Jul
  • by Estates Gone Wrong
  • Curated Content, Life Events

Estate Planning for Blended Families: Strategies & Best Practices

What is a Trust and Estate Planning Practitioner (TEP)? 22 Jul
  • by Estates Gone Wrong
  • Frequently Asked Questions, Generated Content

What is a Trust and Estate Planning Practitioner (TEP)?

Many people think all handwritten wills are holographic wills. This is not correct. This guide breaks down the difference between holographic and handwritten wills, how they work, when they’re appropriate, and their legal requirements in Canada... 22 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Difference Between Holographic & Handwritten Wills in Canada

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  • Communication Breakdowns (42)
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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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