Legacy Planning
By Johnathon Lennox | Estate Planning Author The “great wealth transfer” refers to the WHOPPING trillion-dollar fortune shifting from Baby Boomers to Millennials and Gen Z. This massive economic shift is poised to bring relief to cash-strapped younger generations. This may impact Canadians and Americans differently, and we’ll delve into how. Let’s take a look as to how this […]
By Johnathon Lennox | Estate Planning Author A woman (let’s call her “Marge”) wrote into an advice column about the fallout over her sister’s inheritance. Unlike most of the stories we’ve written about inheritance, “Marge” wasn’t exactly upset about it. In fact, she was glad that her sister inherited everything from their late mother. Unlike […]
Being an executor might sound respectable, but do you know what the role actually entails? Why is it a challenging role to take on? If you have recently been named as an executor of an estate, it’s important to carefully evaluate the potential pitfalls that come with the role: the legal, financial, and yes, the […]
The great wealth transfer is currently underway: millennials/genz are finding some financial relief with some money trickling down their way from their boomer parents (this brings up an entirely different topic on the problem of generational wealth). For now, some millennials/genz have some money coming their way; this can go a long way to keeping […]
By Loren Sanchez | Will and Probate Specialist It’s no secret that Millennials and Gen Z are in a financial quagmire. That’s old news: the cost of living, inflation, and a stagnant job market have all pushed younger generations to the brink of despair. Millennials (born between the early 80’s to the late 1990’s), and Generation […]
The “Trial of the Century” ignited a media firestorm in 1994. People are still enamored by the The “Trial of the Century” that took place over two decades ago, in 1994. The trial, centering around the (now infamous) football player, O.J. Simpson, brought him into the limelight, albeit away from the roaring crowds and cheering […]
Inheritance can be tricky; many of us dream about receiving a large inheritance from a long-lost dead relative (with no strings attached, of course). Inheritance becomes a contentious issue within families, conflicts arise, and relationships become strained (or completely severed). When a family member passes away, the way in which their assets are distributed can […]
In this list, we’ve compiled some of the weirdest legal Wills that defy belief: from ashes spread out into space to dogs being left shares in a company, these are some of the strangest, weirdest, most bizarre Last Wills that we’ve come across (so far). After reading this list, you might be inclined to start […]
By Trevor Fenti | Legal Analyst (Estate Planning) Many people view inheritance as a golden ticket: it’s the key to paying off debt, travelling the world, and living a life of luxury. Many Millennials have been suffering through a prolonged period of economic hardship since the Great Recession in 2008. The supposed “wealth transfer” might […]
By Lea Hannigan | Estate Planning Specialist You’ve got $50 million dollars – as the title implies. What do you do with it? Before you go blowing it all on a fancy cruise vacation, new house, BMW, new car, or yes, avocado toast, take some time to collect your thoughts and let the fact that […]
