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NEW In-House Counsel | Insurance | Intellectual Property | Immigration | Natural Resources | Real Estate | Tax

Estate lawyers may see business boom

Thursday, February 02, 2017 @ 11:48 AM | By Amanda Jerome

According to an RBC Wealth Management survey, conducted in collaboration with Scorpio Partnership, more than three-quarters of Canadians don’t have a detailed estate plan in place, which is putting a large amount of wealth at risk for litigation disputes.

An estimated $400 billion is going to change hands within the next generation, which will be the largest transfer of wealth in the country’s history.

“There’s a lot of money changing hands and there’s no question that there’s going to be more fights because unfortunately that’s what...