'There are a lot of broken expectations': Inheritance disputes are on the rise as cost-of-living pressures climb

The article explores the growing number of inheritance and estate disputes in Canada, particularly conflicts between siblings over family homes, businesses and other assets. Financial pressures, rising property values, the aging baby boomer generation and the Great Wealth Transfer are contributing to these disputes. Pia Hundal, Litigation Partner at Robins Appleby LLP, notes that the significant value of Toronto homes can create a substantial pool of wealth to be divided among heirs, increasing the potential for conflict.

The article also highlights that estate disputes are not always about money. Long-standing family tensions, blended families, cognitive decline, unequal inheritances and disagreements over powers of attorney can all contribute to litigation. These disputes can be extremely costly and emotionally damaging, sometimes permanently affecting family relationships. As Pia Hundal and other lawyers featured in the article explain, demographic changes and financial pressures are contributing to the increase in estate disputes, while mediation and alternative dispute resolution can offer families a less costly and confrontational path forward.

Read the full article in Financial Post.