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  • Legacy Lexicon
Whether it’s artwork by one of the greats or a collection of vintage cars, it is often overlooked that these items can be valuable financial assets and play a key role in wealth planning, philanthropy, or succession strategies. 25 Nov
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Art & Collectibles: Value in ‘Passion Assets’ is Often Overlooked

Without careful planning, IP rights may become difficult to transfer, become the subject of disputes, lose value, or even be abandoned entirely. Incorporating IP management into your estate plan ensures your creative legacy is protected. 18 Nov
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Your Creative Legacy: Estate Planning for Intellectual Property

Oil, mineral, and timber rights are legal interests that give the owner the ability to extract, harvest, or receive revenue from natural resources on or under land. These rights are assets that require explicit transfer instructions to ensure heirs receive intended economic benefits. 30 Sep
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Transfer Strategies for Oil, Mineral, and Timber Rights

Estate planning for venture-backed founders is an extension of the strategic thinking that drives a company’s success. Addressing transfer restrictions, tax efficiency, and continuity of control early, helps protect both beneficiaries and the equity founders have built. 18 Sep
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Estate Planning Strategies for Venture-Backed Startup Founders

Unlike a typical estate plan, musicians face unique considerations, especially when it comes to rights management, royalties, and long-term protection of their creative works. Here are essential estate planning steps every musician should take... 05 Aug
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Protecting Your Legacy Off the Stage: Estate Planning for Musicians

When it comes to inheritance and estate planning, family heirlooms aren’t just objects— they’re emotional landmines... 14 Jul
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Lessons from Legal Battles Over Family Heirlooms

Your art collection is more than financial value; it represents your taste, passion, and often your family's heritage. Without specialized planning, these assets can become liabilities. 01 Jul
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Why Specialized Estate Planning is Essential for Your Art and Collectibles

After a lifetime of creative output, artists, authors, musicians and other creators alike may wish to think about the legacy they are leaving behind. What happens to the copyright of your works when you die? 27 Jun
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Creative Works: Providing for Transfer of Copyright in Canada

Valuing collectibles isn’t always straightforward. Discrepancies between perceived and actual value can trigger disagreements that delay probate and even lead to litigation. 18 Jun
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

The Legal Side of Collectibles & Memorabilia in Estate Disputes

30 May
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Rare Property Damages: Cherished Corvette Sold for Parts by ‘Friend’

Some people have assets that go beyond the typical bank account or real estate. From art collections and livestock to firearms and royalty producing creative works, these types of assets can require special attention when creating an estate plan to ensure they are handled properly. 21 May
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Unusual Assets Require Special Attention in Your Estate Plan

The legal dispute over Superman has a long history. Continue reading as the battle over the Man of Steel’s legacy continues... 07 Mar
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Warner Bros & DC Fight to Dismiss ‘Superman’ Copyright Claim

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Recent:

A will is intended to provide clear instructions about the distribution of a person’s property after death. But what happens when an important clause is missing? This recent Ontario court case is a useful reminder of the difficulties that can arise...

What Happens When a Will is Missing an Important Clause?

In many cases, an executor’s first instinct is not to call a lawyer. It is to ask Google. The problem? Google can provide thousands of answers, many of which are incomplete, inaccurate, or based on another jurisdiction. Executors need practical guidance tailored to the particular estate they are administering.

Cautionary Guidance for Executors: Google at Your Own Risk!

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Agreeing To Serve As Executor: Not As Simple As It Sounds

Holograph wills and codicils are often viewed as a simple and inexpensive way to record testamentary wishes. Ironically, the very simplicity that makes holograph codicils attractive can also make them extraordinarily vulnerable...

Ontario Case Study: The Hidden Risks of a DIY Codicil

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