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  • Legacy Lexicon
Executor —the deceased's son— transferred estate properties to himself and his brother without fair market value compensation. His conduct was deemed a significant conflict of interest: favouring certain beneficiaries over others. 06 Aug
  • by Estates Gone Wrong
  • Curated Content, Family Disputes

Court Removes Deceased’s Son as Estate Executor for “Self-Dealing”

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

The Barclay family feud started with accusations of privacy breach at the family-owned Ritz hotel. Open discussions about succession, good structuring and mediation could help a family business avoid going the same way as the Barclay's. 22 Jul
  • by Estates Gone Wrong
  • Curated Content, Infamous Feuds

Rise and Fall of an Empire: The Barclay Family Feud

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

5 Estate Planning Lessons From ‘House Of The Dragon’ | Curated Content | Communication Breakdowns | Estates Gone Wrong 16 Jun
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

5 Estate Planning Lessons From ‘House Of The Dragon’

By adopting specific strategies, you can improve the quality of your interactions, making them more meaningful and productive. Here are some practical tips to help you communicate more effectively with aging individuals... 11 Jun
  • by Estates Gone Wrong
  • Curated Content, Related Resources

ElderCare: Strategies for Effective Communication

Addressing Common Communication Challenges in Estate Planning 10 Jun
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

Addressing Common Communication Challenges in Estate Planning

Mental Health Impacting Intergenerational Wealth Transfers [Podcast Episode] 10 Jun
  • by Estates Gone Wrong
  • Curated Content, Related Resources

The Impact of Mental Health on Intergenerational Wealth Transfers

Sibling Living in Inherited Property: Refuses To Sell 01 Jun
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Sibling Living in Inherited Property: Refuses To Sell

Valuable Lessons from a Vague Law: The “Laughing Heir” Statute 10 May
  • by Estates Gone Wrong
  • Bizarre Bequests, Curated Content

Valuable Lessons from a Vague Law: The “Laughing Heir” Statute

This article delves into the estates of five legendary individuals: Bob Ross, Stan Lee, Michael Jackson, Marilyn Monroe, and Paul Walker. These inheritance battles shed light on the significance of explicit planning for intellectual property. 26 Apr
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Legendary Lessons: Protecting Intellectual Property

Canada is on the brink of a historic wealth transfer, with estimates suggesting that up to $1 trillion could change hands over the next decade. With proper planning, the transition of wealth can be a smooth and positive experience. 03 Apr
  • by Estates Gone Wrong
  • Curated Content, Related Resources

The Great Wealth Transfer: How Prepared are Canadians?

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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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