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  • Legacy Lexicon
Like most things involving blended families, estate planning can be challenging. With children from past relationships or a new marriage, you need to plan carefully to take care of everyone. 31 Oct
  • by Estates Gone Wrong
  • Curated Content, Life Events

Why Estate Planning is More Challenging for Blended Families

Although television and movies are entertaining with their conflicts and cliffhangers, your estate plan should not be as entertaining. 28 Oct
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

Probate & Trust Administration: Dramatic Misconceptions

Inheriting real estate from parents can be a significant financial lift for beneficiaries. But receiving this gift comes with significant responsibilities and decisions. 23 Oct
  • by Estates Gone Wrong
  • Curated Content, Property Pitfalls

Preparing for the Responsibilities of an Inherited Family Home

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

When it comes to estate planning, the saying “learn from the mistakes of others” couldn’t be more true. Here are some real-world estate planning horror stories that highlight "what not to do"... 18 Oct
  • by Estates Gone Wrong
  • Common Mistakes, Curated Content

Lessons From Real-World Estate Planning Horror Stories

"Selling Superman" is a 4-part documentary that explores a 40-year family secret involving a collection of comic books, including a highly valued Superman #1 comic worth over $3.5 million.  16 Oct
  • by Estates Gone Wrong
  • Dramatized Content, Unique Assets & Interests

Selling Superman | 4-Part Documentary | 2024

04 Oct
  • by Estates Gone Wrong
  • Bizarre Bequests, Curated Content

Furry Heirs: The Rising Trend of Pet Trusts & Bequests

You’ve worked too hard to let the division of your business assets become a source of pain and conflict for your family. Don’t wait until it’s too late to create a plan that protects your family’s unity and your business’s future. 03 Oct
  • by Estates Gone Wrong
  • Curated Content, Succession Lessons

Don’t Let Your Business Tear Your Family Apart

Can Your Subscription Service Limit Your Estate’s Ability to Sue? | Digital Distress | Streaming Subscription Agreement | Estates Gone Wrong 02 Oct
  • by Estates Gone Wrong
  • Curated Content, Digital Distress

Warning: Read “Subscriber Agreements” Very Carefully

5 Mistakes to Avoid When Naming a Guardian for Your Children 02 Oct
  • by Estates Gone Wrong
  • Curated Content, Guardian Safeguards

5 Mistakes to Avoid When Naming a Guardian for Your Children

Effective communication with your family and loved ones is vital... The consequences of ambiguity or misalignment between intent and execution can be significant, potentially leading to legal battles that deplete trust resources and damage family relationships. 30 Sep
  • by Estates Gone Wrong
  • Communication Breakdowns, Curated Content

Estate Planning Case Proves Communication is Vital

Your Digital Assets: The Mess Left Behind | Digital Distress | Online Accounts | Estate Planning | Estates Gone Wrong 29 Sep
  • by Estates Gone Wrong
  • Curated Content, Digital Distress

Your Digital Assets: The Mess Left Behind

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Topics:

  • Beneficiary Rights (26)
  • Bizarre Bequests (30)
  • Celebrity Estates (56)
  • Charitable Misgivings (32)
  • Common Mistakes (52)
  • Communication Breakdowns (42)
  • Digital Distress (56)
  • Family Disputes (68)
  • Guardian Safeguards (38)
  • Infamous Feuds (34)
  • Law Reform (36)
  • Life Events (32)
  • Long-Term Care Crisis (36)
  • Property Pitfalls (54)
  • Squandered Fortunes (24)
  • Succession Lessons (42)
  • Tax-Smart Strategies (36)
  • Unique Assets & Interests (28)

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

Estate trustees (Executors) have a duty to keep accurate records of estate assets and transactions throughout their administration and to account to beneficiaries at appropriate intervals.

Keeping Meticulous Records: Practical Tips for Executors

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?

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