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  • Estates Gone Wrong
  • Featured Topics
  • Frequently Asked Questions
  • Related Resources
  • Legacy Lexicon
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?

This comprehensive guide explores what a holographic will is, the legal requirements it must meet, potential drawbacks, and why you probably need a more robust estate planning solution. 30 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Resources: a Comprehensive Guide to Holographic Wills

Effective communication is a fundamental aspect of administering an estate. Keeping beneficiaries informed about the progress and status of the estate administration is essential to maintaining trust, preventing misunderstandings, and addressing concerns promptly. 29 Jul
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

The Importance of Communication in Estate Administration

Probate can be a daunting process with significant legal and financial implications if not handled correctly. Understanding the common questions and potential pitfalls can help ensure a smoother transition and prevent costly mistakes. 28 Jul
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

50 Frequently Asked Questions About Probate: NSW, Australia

Wills and estate planning aren’t just for old, wealthy people. Every adult needs a plan. You’ll feel more confident about your future after you’ve made these decisions and communicated them to the people you care about most. 24 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Estate Planning: Six Steps to Getting Started

From primary and contingent beneficiary designations to revocable and individual beneficiary designations... Understanding these designations is crucial in ensuring that your assets are distributed according to your wishes. 18 Jul
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Understanding the Different Types of Beneficiary Designations

Administering an estate after someone passes away can be a daunting task, filled with legal complexities and emotional challenges. This Ultimate List aims to provide a comprehensive guide to navigating this process effectively. 16 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

What You Need to Know About Administering an Estate: Australia

When you get divorced, it’s not just about dividing your assets or finances; it also affects your estate plan. By following these guidelines, you can make the necessary changes to your estate plan and obtain peace of mind... 15 Jul
  • by Estates Gone Wrong
  • Curated Content, Life Events

How Divorce Affects Your Estate Plan & What To Do

Leaving behind a thoughtful estate plan that you’ve discussed beforehand with your loved ones will ensure that they won’t be burdened with unnecessary stress during an already difficult time. Here’s what you need to know about planning ahead in Ontario. 11 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Complete Guide to Planning Your Estate: Ontario

A holographic will is a handwritten and testator-signed document and is an alternative to a will produced by a lawyer. Being of sound mind is a crucial provision in determining the validity of a holographic will. Some states do not recognize holographic wills. 08 Jul
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Holographic Will: Definition and State Requirements

Long-term Care Options & Accommodation Costs: Ontario 02 Jul
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Long-term Care Options & Accommodation Costs: Ontario

Don’t assume your children will want to follow in your footsteps. Although they may share your entrepreneurial spirit, they may not share your passion for your business. Expert Advice series throws the spotlight on family succession, a tricky and sometimes emotional subject... 27 Jun
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Reasons Your Children May Not Want to Follow in Your Footsteps

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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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