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  • Legacy Lexicon
estate planning horror stories? money going to the wrong person, incorrect people settling the estate... why you should ask more questions! 02 Sep
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

“What If” Scenarios: Why You Should Ask More Questions

30 Aug
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Litigation Over Lost Will Depletes ‘Very Modest’ Estate

Managing Digital Assets in Estate Planning | Digital Distress | Accessing Online Accounts | Estates Gone Wrong 29 Aug
  • by Estates Gone Wrong
  • Curated Content, Digital Distress

Managing Digital Assets in Estate Planning

Understanding the Role of Prenups in Estate Planning | This article explores the intersection of prenups and estate planning, with a specific focus on how these agreements are utilized in Missouri 27 Aug
  • by Estates Gone Wrong
  • Curated Content, Life Events

Understanding the Role of Prenups in Estate Planning

Uncover the impact of life's big moments on estate planning. From saying "I do" to gracefully ageing, learn why updating your Will is a must. Get valuable insights into how these events shape your estate planning decisions and tips for navigating them smoothly.  18 Aug
  • by Estates Gone Wrong
  • Curated Content, Life Events

Five Major Life Events That Affect Your Estate Planning 

The Supreme Court recently ruled in favour of Blue Cross, RSPB and RSPCA in the case of a legacy bequest which was challenged by the donor’s daughter. 13 Aug
  • by Estates Gone Wrong
  • Charitable Misgivings, Curated Content

Important Case Ruling: Contested Wills and Charities in the UK

While the prospect of helping out a loved one may seem like an attractive opportunity, the informal nature of these loans carries the risk of non-payment. Relationships change and goodwill can disappear. Lenders may have to turn to legal claims to recoup their funds. 12 Aug
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Informal Loan Agreements: Goodwill is Not a Guarantee

Certain assets are generally excluded from the net family property calculation, provided they were not used for family purposes or did not significantly change in nature during the marriage. The complexity of family law make it essential to seek professional legal advice. 10 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Net Family Property (NFP) in Ontario: A Complete Guide

How to Build an Exceptional Estate Plan 10 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Resources: How to Build an Exceptional Estate Plan

Learn why fiduciary access to digital assets matters and how a new Alberta Act would help facilitate access... 07 Aug
  • by Estates Gone Wrong
  • Curated Content, Law Reform

Alberta Law Reform: Fiduciary Access to Digital Assets

Having the Correct Power of Attorney is Crucial: Understand the Different Types 06 Aug
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Having the Correct POA is Crucial: Understand the Different Types

There is no set test to determine capacity which can be applied in all situations. Capacity is time, situation, and task-specific. It can fluctuate based on the type of impending task and across a person’s lifetime. 30 Jul
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How is Decision-Making Capacity Assessed?

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Topics:

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  • Communication Breakdowns (42)
  • Digital Distress (56)
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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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