Total 254 Posts
Are you part of the one million caregivers who said they felt they had no choice in taking on their caregiving responsibilities? ….
Sharing the Caring Continue Reading »
Disability, Elder Care, Family Conflict, Geriatric Care ManagementOver the past year, the saga of billionaire Sumner Redstone’s estate and capacity fight has continued to play out in the United States. Redstone, an American media magnate, was the subject of a lawsuit brought by Manuela Herzer, a former girlfriend. Herzer alleged that the CBS Corporation and Viacom owner was incapable, and was being manipulated by his daughter, Shari Redstone. That lawsuit was dismissed in May of this year…..
The reality is, with the impending transfer of one of the largest amounts of wealth in our history from one generation to the next, we are likely to see a continued up-tick in estate litigation. Along with that there will be the increased need for a neutral party to preserve the assets of the estate during the course of such litigation…..
I have a friend who inherited 1 million dollars from a distant uncle. Sounds like a healthy inter generational wealth transfer occurred. She has no children. She does not worry about whether she will be leaving an inheritance. Instead, she enjoyed a trip around the world and is keeping money aside for her golden years……..
‘Baby boomers under 75 set to inherit $750 B in next decade’- CIBC Continue Reading »
Charitable Giving, Elder Care, Estate Administration, Family Conflict, Philanthropy/Charitable GivingAlthough the title of this blog is largely tongue-in- cheek, there is some validity to exploring how trusts can be used to incentivise or encourage the next generation to be successful or at the very least contributing to society in a positive way…..
Incenting From Beyond the Grave!! Continue Reading »
Estate Planning, Family Conflict, Succession Planning, Trusts, WillsWhen WW finally received a copy of her father’s will, after more than a year of chasing her father’s second wife to produce it, she read these words: I have equally considered my two children and leave them absolutely nothing. [WW] is entirely without morality and who ‘did not know’ if she could tell the truth in a Court. She is less a person than her mother. G-d help anyone….
Deceased’s Will So Hateful it is Suspicious Continue Reading »
Contested wills, Estate Litigation, Family Conflict, Testamentary Capacity, Undue influence, Wills