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In the legal world, “testamentary intentions” refer to a person’s wishes for the administration of their estate and distribution of their assets after death. 30 Aug
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Testamentary Intention: The Interpretation of Wills

While not intended to be comprehensive in nature, this guide lays out a basic summary of what is involved and some things to keep in mind if you are involved in settling a loved one’s estate. 29 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Basic Guide to The Probate Court Process in Ontario

It’s important to acknowledge that death is a part of life and think about preparations with a consumer mentality. Just like with other significant purchases, we have to educate ourselves before we buy... 15 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

A Consumer’s Guide to Funeral Planning

If a personal representative wishes to purchase estate assets, it should be with the consent of all beneficiaries or occur at fair market value with the approval of the court. 14 Aug
  • by Estates Gone Wrong
  • Curated Content, Related Resources

BC Supreme Court Ruling: When “Self-Dealing” May Be Allowed

Different kinds of life events will have different impacts on your finances. If you’re going through one of these life transitions or are preparing for a change, this article has information that you might find valuable... 14 Jul
  • by Estates Gone Wrong
  • Curated Content, Life Events

Overcoming The Financial Impacts of Major Life Events

Five Reasons You Should Consult a Tax Advisor During the Estate Litigation Process 26 Jun
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

5 Reasons to Consult a Tax Advisor During Estate Litigation

Looking to transition your business to the next generation? Many entrepreneurs have learned the hard way, simply having adult children or relatives that could potentially run the family business is no guarantee that the transition will go smoothly. 24 Jun
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Do Your Kids Really Want to Take Over the Family Business?

Different Roles & Responsibilities: Trustee vs. Guardian vs. Executor 27 Apr
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Roles & Responsibilities: Trustee vs. Guardian vs. Executor

Individuals who are making plans related to end-of-life decisions, providing assistance to adults or minors in need of care, or making other life changes may need to complete and file a number of estate planning or probate forms in court. Some of the most common areas in which people may seek out forms of this nature include those related to advance directives, guardianships, and name changes. 30 Mar
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Estate Planning & Probate Legal Forms: 50-State Resources

7 Best Estate Planning Books for 2023 | It’s never too early to start planning your estate. You can be prepared with these seven books on estate planning. 22 Mar
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Resources: 7 Best Estate Planning Books for 2023

The Government of Canada has published a useful online guide explaining the tax responsibilities of legal representatives for the estates of deceased individuals. This guide sets out a 4-stage process... 15 Mar
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Tax Responsibilities of Legal Representatives of Estates: Canada

Couples may have many reasons for not getting married, but when a common law partner dies without a will, the living partner is left legally vulnerable. Here’s what you need to know... 16 Feb
  • by Estates Gone Wrong
  • Curated Content, Law Reform

Complications for ‘Legally Vulnerable’ Common Law Couples 

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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

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?

Washington Post analysis finds that the "great wealth transfer" narrative is largely a story about the very top of the income distribution. For many in the middle, retirement savings are being consumed by care costs, not passed on.

Cost of Eldercare Obliterating Expected Inheritance

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