Estate planning using options to purchase and right of first refusal

By Suzana Popovic-Montag ( December 13, 2024, 11:17 AM EST) -- In the realm of estate litigation, the interpretation of will clauses that include options to purchase and rights of first refusal seems to be coming up more and more frequently. Recent cases like Cambareri v. Sorrenti, 2023 ONSC 4918, and Zboya v. Hicks, 2024 ABKB 525, to name a few, indicate that there is growing interest in will drafting and estate planning that includes options to purchase estate property, or alternatively, gives beneficiaries a right of first refusal to purchase such property....