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  • Legacy Lexicon
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

Family Philanthropy: Passing Down with Purpose 04 Feb
  • by Estates Gone Wrong
  • Charitable Misgivings, Curated Content

Family Philanthropy: Passing Down with Purpose

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?

Inheritance disputes are as old as time, but in recent years, there’s been an increase in families embroiled in legal arguments. Here are the various stances on inheritance disputes, 2024 statistics, and the demographics of those discussing the topic online.  18 Oct
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Inheritance Dispute Statistics: 2024 Rising Trends

Some of The Most Bizarre Inheritance Stories | Curated Content | Strange Bequests | Weird Things People Left in Wills | Estates Gone Wrong 10 Jun
  • by Estates Gone Wrong
  • Bizarre Bequests, Curated Content

Some of The Most Bizarre Inheritance Stories

America's Elder Care Crisis is Here— And We're Not Ready | Long-Term Care | Elder Care | Estates Gone Wrong 15 Dec
  • by Estates Gone Wrong
  • Curated Content, Long-Term Care Crisis

America’s Elder Care Crisis is Here & We’re Not Ready

Strangest Things Left in Wills | Curated Content | Strange Tales | Inheritance Horror Stories | Bizarre Bequests | Estates Gone Wrong 15 Jul
  • by Estates Gone Wrong
  • Bizarre Bequests, Curated Content

Bizarre Things People Have Left in Their Wills

17 May
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Why Families Fight Over Inheritance and How to Avoid it

The Biggest Mistakes People Make in Their Wills | Common Mistakes | Cautionary Tales | Inheritance Horror Stories | Estates Gone Wrong 08 Mar
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

The Biggest Mistakes People Make in Their Wills

Fights Over Estates Can Tear Families Apart | Curated Content | Family Disputes | Inheritance Horror Stories | Estates Gone Wrong 12 Nov
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Fights Over Estates Can Tear Families Apart

Aging Baby Boomers Raise the Risk of a Long-Term-Care Crisis in the U.S. | Curated Content | Elder Care | Long-Term Care | Estates Gone Wrong 08 Nov
  • by Estates Gone Wrong
  • Curated Content, Long-Term Care Crisis

Aging Baby Boomers Raise the Risk of a Long-Term-Care Crisis

Bitter family feuds and succession battles are not new to the Canadian business landscape. In fact, some of Canada’s most prominent family-owned firms have had very public brawls... 08 Nov
  • by Estates Gone Wrong
  • Curated Content, Infamous Feuds

Canada’s History of Family Firm Feuds Rivals “Succession”

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Topics:

  • Bizarre Bequests (28)
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  • Common Mistakes (42)
  • Communication Breakdowns (40)
  • Digital Distress (46)
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Recent:

Ever thought about gifting a property to your children? I recently had this very discussion with my own aging parents. This resulted in some important discussions about our family home, their goals and consideration for the tax outcomes of any decisions made...

Transferring the Family Home: Considerations for Canadians

Transferring property to heirs "inter vivos" offers emotional benefits and potential probate fee reduction, but can trigger an immediate capital gains tax liability and means a loss of control and potential exposure to your heir's creditors. 

Gifting Property to Your Heirs “Inter Vivos”: Pros and Cons

Major life transitions can cause stress that makes it hard to think clearly, leading to poor financial decisions. A Certified Financial Transitionist can help you manage the financial and emotional aspects of these events.

The Financial and Emotional Challenges of Major Life Changes

Staying informed isn’t just good practice. It protects relationships, builds trust, and ensures clients feel safe and supported. Consider bookmarking the BankSafe Dementia Hub as a go-to reference when navigating delicate client situations.

Dementia Hub: Fraud Prevention Resources from AARP

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