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Estate planning with collectibles can be challenging, but it's also an opportunity to share the stories and values of your cherished items with future generations. By taking the right steps, you can ensure that your collection is appreciated and preserved long after you're gone. 22 Mar
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

A Tricky Planning Puzzle: Including Collectibles in Your Estate

Given the many considerations that come with passing down or inheriting a collection, it's wise to plan well in advance— particularly for rare or especially valuable assets. 08 Mar
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Key Steps & Planning Considerations for Rare Collectibles

Do you own a valuable piece of art, an antique car or rare Pokémon card? Here are some expert insights, from RBC Wealth Management, on how to work antiques and other valuable collectibles into your estate plan... 01 Nov
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

How to Work Antiques & Collectibles into Your Estate Plan

Whether you collect vintage, antique, or classic cars— it is crucial to have asset protection and estate planning in place to keep these treasured and iconic assets protected and in the family. 14 Feb
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Estate Planning: Should You Keep Your Classic Cars in a Trust?

If you have a rare or unusual collection, you need to ensure that it's properly accounted for before you pass away. The most failsafe way of doing this is to include your collection in your estate plan. Working with the right appraiser is key! 06 Jan
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Unusual Collectibles: Working with the Right Appraiser is Key

Acquiring a classic car is easy. Mapping out a succession plan for your collection is an artform. That’s where Carnection Advisors come in... 10 Nov
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Classic Car Collectors: Mapping Out a Succession Plan for Your Vehicles

Just as there are an infinite variety of collector cars, the experience of owning them is different for everyone. One aspect, however, is universal: When you leave this earth, your cars stay behind. You can’t take ’em with you... 25 Nov
  • by Estates Gone Wrong
  • Curated Content, Unique Assets & Interests

Your Beloved Vintage Cars: Make Your Intentions Known!

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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!

Many people hear “executor” and think it means reading the will and writing a few checks. In reality, executors can face personal liability. Find out exactly what you're agreeing to, before you agree...

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...

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