Clark Wilson’s Family Office and Estates & Trusts partner Michael Scott, TEP and articled student Maria Starko’s article, “Inheriting assets: Balancing wealth and family dynamics” was recently featured in Law360 Canada (previously The Lawyer’s Daily), which provides news, in-depth analysis of legal developments and access to historical news and digests from across the country.
In this piece, Michael and Maria analyze a recent BC Supreme Court judgment on the estate of an influential real estate developer and the distribution of assets amongst his seven sons. They review the court’s criteria, and how using diverse planning strategies such as alter ego trusts and cohabitation agreements can help prevent future feuds amongst beneficiaries so that your legacy isn’t wasted in messy and costly litigation.
Read the “Inheriting assets: Balancing wealth and family dynamics” piece in full on Law360 Canada HERE.
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