ESTATE LITIGATION 
The $2.2 Million Lesson in Estate Litigation
Many people still assume that estate disputes are paid for by the estate itself. Schickedanz v. Schickedanz serves as a stark reminder that this is no longer the default rule. After years of hard-fought litigation over a multimillion-dollar codicil, investment accounts, and allegations of incapacity, one unsuccessful litigant was ordered to pay more than $2 million in costs. The decision highlights the significant financial risks that can accompany complex estate litigation and the circumstances in which courts may be prepared to impose substantial cost consequences.

Quinn Giordano

Associate

ESTATE PLANNING
The Joint Account Trap
Many parents assume that adding an adult child to a bank account or property title will ensure those assets pass directly to that child on death. In Ontario, however, the law often starts from the opposite assumption. Our latest bulletin explores the presumption of resulting trust, why joint ownership may not achieve the estate planning outcome families expect, and the practical steps that can help prevent costly disputes after death.

Robert Moccio

Associate

Is It Time to Update Your Will?
Life changes, and your estate plan should change with it. If any of the following have occurred since you last reviewed your will, it may be time for an update:

• Marriage, separation, or divorce
• The birth of a child or grandchild
• The death of a beneficiary, executor, or attorney for property/personal care
• The purchase or sale of significant assets
• Changes to your business interests or financial circumstances
• A move to another province or country 

A periodic review can help ensure your wishes are clearly reflected, minimize the risk of disputes, and provide peace of mind for you and your loved ones. Contact our Estate Planning team to discuss whether your will remains up to date