Total 264 Posts
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, WillsToday’s blog was written by Elaine Blades, TEP The Nest, by Cynthia D’Aprix Sweeney, currently sits near the top of several best seller lists. It’s a novel about four adult siblings and how the prospect of their imminent shared inheritance – known affectionately as “The Nest” – affects them individually and collectively. The inheritance was intended by their late father to be a “modest, mid-life supplement” for his four children…..
“The Nest” – Not Your Typical Book Review Continue Reading »
Estate Planning, Family Conflict, In the News, Succession Planning