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  • Legacy Lexicon
When valid, no contest clauses can be a powerful tool for discouraging estate litigation. Typically, these clauses threaten to disinherit beneficiaries who challenge the validity of the testator’s final will... 18 Mar
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Can a Beneficiary Be Disinherited Over a Successful Litigation?

Conditional bequests are provisions in a will that make an inheritance contingent on a beneficiary fulfilling specific requirements. These conditions must be clear, possible, and not violate public policy or the law to be valid.  08 Sep
  • by Estates Gone Wrong
  • Generated Content, Legacy Lexicon

Conditional Bequests: Criteria for Legal Validity

Following the death of Ozzy Osbourne, headlines turned to an alleged change to his will, in which Ozzy stipulated that his widow, Sharon, is to receive a dozen black roses a week for the rest of her life... 14 Aug
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Ozzy Osbourne’s “Black Roses” Request

Spendthrift trusts help ensure that beneficiaries can’t squander their inheritance. They can also serve to protect assets from creditors. Rather than allowing the beneficiary to receive a lump sum, the trustee releases the money incrementally. 07 Aug
  • by Estates Gone Wrong
  • Curated Content, Legacy Lexicon

Spendthrift Trusts: What Are They and How Do They Work?

Truly Wild Inheritance Stories: From Entire Towns to Century-Old Denim 12 Apr
  • by Estates Gone Wrong
  • Bizarre Bequests, Curated Content

Truly Wild Inheritance Stories: From Entire Towns to Century-Old Denim

It is best to customize a will or trust to your specific situation. Sometimes you want more say in how or when your beneficiaries will acquire and use your assets. For this reason, several clauses are commonly included in wills or trusts... 02 Apr
  • by Estates Gone Wrong
  • Curated Content, Related Resources

Types of Clauses Commonly Included in Wills or Trusts

If you wish to restrict the flow of inherited money to your child, you can do so through your will or trust. While there are legal limits on conditional gifting, you are generally free to structure an inheritance the way you would like. 07 Feb
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Bequests with Strings Attached: Are Conditional Gifts a Good Idea?

The history of estate planning includes some remarkably strange and fascinating bequests that challenge our understanding of inheritance law and human nature. 08 Jan
  • by Estates Gone Wrong
  • Bizarre Bequests, Curated Content

Unusual Bequests Continue to Evolve, Fascinate, and Challenge

Estate planning for an irresponsible child is a lot of work. Fortunately, estate planners may exert influence over how heirs spend their inheritances. Keep reading to find out the best ways to protect an irresponsible child’s financial future... 19 Nov
  • by Estates Gone Wrong
  • Curated Content, Squandered Fortunes

Strategies: Estate Planning for Irresponsible Children

A will can be used to provide certain types of conditional gifts in Massachusetts. With that being said, it is generally not the best option for doing so. Trusts are generally far better Estate Planning tools for this purpose... 08 Nov
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

Massachusetts: Can You Leave Conditional Gifts in Your Will?

From the quirky to the downright bizarre, let's dive into the top 10 strangest inheritance stipulations ever imposed. 22 Oct
  • by Estates Gone Wrong
  • Bizarre Bequests, Curated Content

Strangest Inheritance Stipulations: Oddball Wills & Eccentric Bequests

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

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Recent:

Inheriting a collection is a significant emotional and financial event. It connects us to our past, to loved ones, and to histories that may span generations. Yet, it also presents a daunting challenge: how to decide what to keep and what to sell. 

Inherited Collectibles: Practical Tips for Deciding What to Keep or Sell

Over the past decade, a caregiving crisis has been building in the workplace. Currently, 35% of the Canadian workforce or 8 million people, are struggling and juggling their work responsibilities with caregiving duties.

Caregiving Crisis at Work: Millions of Canadians Struggling

Discretionary trusts can be an effective way to provide for beneficiaries without granting them fixed entitlements. However, these structures can create uncertainty for beneficiaries... Understanding the legal framework is critical for both sides.

Ontario Guide to Discretionary Trusts and Beneficiary Rights

What happens when the domestic tax rules of two different countries look at the same person and both conclude that the individual is a tax resident?

Navigating Dual-Residency: Canada’s Tax Treaty Tie-Breakers

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