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  • Estates Gone Wrong
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  • Legacy Lexicon
It’s worth noting that the generation-skipping tax rate is steep. The positive news is that you can leverage a generous exemption to transfer wealth to younger generations while minimizing taxes.  12 Jun
  • by Estates Gone Wrong
  • Curated Content, Tax-Smart Strategies

Strategies for Minimizing Generation-Skipping Transfer Taxes

Over two-thirds of small business owners plan to retire in the next two years. Without a solid succession plan in place, many of these small businesses, which have been integral to their communities for decades, will vanish. 12 Jun
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Small Business Succession Planning: 2025 Statistics

The longstanding feud among the heirs of Sol Goldman’s vast New York real estate fortune has reignited. This is the latest chapter in a family conflict that dates back to the 1980s...  12 Jun
  • by Estates Gone Wrong
  • Curated Content, Infamous Feuds

NYC Real Estate Dynasty Heirs Intensify Feud Over Property Empire

Just because your children are grown doesn’t mean the money conversations are over. In fact, some of the most important financial lessons and decisions happen in the later chapters of life—not just for you, but for your family. 11 Jun
  • by Estates Gone Wrong
  • Curated Content, Related Resources

How to Share Financial Values with Your Adult Children

Foreman established a distinctive personal legacy marked by a large blended family and a multimillion-dollar estate. His unique family dynamic highlights the importance of proper estate planning: crucial when managing multiple heirs, complex family relationships, and shared family names. 10 Jun
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

George Foreman’s Legacy: Lessons for Complex Blended Families

In estate planning, digital accounts such as PayPal, Venmo, and Apple Pay must be considered every bit as much as bank and retirement accounts. Digital accounts can be conveniently closed upon the account holder’s death, provided they plan ahead. 03 Jun
  • by Estates Gone Wrong
  • Curated Content, Digital Distress

What Happens to Your Virtual Wallets if You Don’t Plan Ahead?

A terminal illness diagnosis can be overwhelming, but addressing estate planning promptly can help bring peace of mind. By taking proactive steps, you can ensure your assets are distributed according to your wishes and that your healthcare needs are addressed. 03 Jun
  • by Estates Gone Wrong
  • Generated Content, Life Events

Key Considerations for Estate Planning After a Diagnosis

Often called executors, personal representatives shoulder the responsibility of managing and distributing a decedent’s estate. Their role is critical, but compensation for this work is frequently misunderstood. 01 Jun
  • by Estates Gone Wrong
  • Curated Content, Frequently Asked Questions

How are Executors (Personal Representatives) Compensated?

Inheriting property can be a complex process, but with proper planning, it doesn’t have to be overwhelming. Taking proactive steps can prevent disputes and create a clear path for future generations. 22 May
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Inheriting Property: What You Need to Know

After years of advocacy, Delaware passes End-of-Life Options Law: Delaware has become the latest state to legalize medical aid in dying, following the signing of House Bill 140 on Tuesday, May 20th, 2025. 21 May
  • by Estates Gone Wrong
  • Curated Content, Law Reform

Delaware Passes End-of-Life Options Law: 2025

When high-profile celebrities pass away, their estate disputes often make headlines. However, the legal challenges their estates face are not exclusive to those of the rich and famous. 20 May
  • by Estates Gone Wrong
  • Celebrity Estates, Curated Content

Prevent Costly Missteps: Lessons from Celebrity Estate Disputes

The Law Commission recognises that we need a legal framework that reflects modern life— where people live longer, face complex health issues, and increasingly rely on digital tools. This article outlines key areas of reform and the impact they may have. 19 May
  • by Estates Gone Wrong
  • Curated Content, Law Reform

Modernising the Law of Wills: Law Commission Report 2025 (UK)

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Topics:

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Recent:

With many estates being administered over extended periods —by older spouses, siblings, or peers— the risk that an executor becomes incapable is very real and foreseeable. Planning for incapacity at the drafting stage is key...

What Happens When An Estate Executor Becomes Incapable?

Navigating the legal maze of Canadian Estate Planning can be exceptionally daunting due to the recent enforcement of transparency mandates across all provinces. This article examines the structural steps required to successfully execute a family trust in Canada...

How To Set Up a Family Trust in Canada: 2026 Action Plan

Before you set up a living trust, make sure you’re positive that it’s the right tool for your particular situation. Learn more in this step-by-step guide to setting up a living trust in Canada…

How Do I Set Up a Living (Inter Vivos) Trust in Canada?

This article provides general information only. Estate administration rules and procedures vary across provinces and territories, and legal advice is recommended in most cases.

Estate Administration: Practical First Steps for Executors

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