One of the most significant decisions you can make in your estate planning is leaving gifts in your will. This thoughtful act can bring comfort and financial security to your loved ones, favorite charities, or other beneficiaries after you’ve passed away. However, it’s essential to understand the nuances and potential complications of gift-giving in wills….Read More Here!
Choosing a power of attorney is a crucial healthcare decision that should not be taken lightly. Power of attorney is an integral part of estate planning, ensuring that your healthcare and financial matters are managed according to your wishes when you are unable to do so yourself. Understanding the types of power of attorney, the…Read More Here!
In Alberta, trusts have long been an essential tool when planning your estate and are a powerful strategy to secure your family’s financial future and safeguard your assets and legacy. At Heritage Law, we understand that estate planning can be a complicated process, but we are here to guide you through the fundamental aspects of…Read More Here!
Losing a loved one is a difficult time, and the inheritance process can add to the stress and confusion. The process of inheritance in Alberta involves several steps, including probate, distribution of assets, and tax implications. In this article, we will discuss each of these steps and what you need to know about the inheritance…Read More Here!
As a parent, we know that you don’t want to think about not being there to take care of your children. While we all hope that we will be able to raise our children to adulthood, it’s important to have a plan in place in case something unexpected happens. One of the most crucial decisions…Read More Here!
Sometimes couples want to hire the same lawyer for an amicable divorce or for drafting their wills. But is this a good idea? Perhaps hiring the same lawyer can save time and money, but in many family law situations, one lawyer cannot fairly represent both partners due to conflicts of interest. At Heritage Law, our…Read More Here!
Creating an estate plan and will can be a complicated process, and getting it right makes the world of difference for your loved ones. If your will is not properly prepared, your family may be required to go through a probate process, which can be financially and emotionally stressful. To protect your loved ones and…Read More Here!
There’s no magic age at which a person should start planning their estate, but many people believe this isn’t something they need to worry about until they are older. The truth is that the unthinkable can happen at any age, and without a proper estate plan, how can you ensure your loved ones are taken…Read More Here!
When it comes to estate planning, getting everything in order involves more than simply writing a will. And though it is an unpleasant topic to think about, it is extremely difficult to settle an estate without necessary planning. Organizing your estate plan is one of the most valuable things you can do for your family…Read More Here!
A trust is a relationship you can establish in which you give another party, the trustee, the right to hold title to your property and assets on behalf of a beneficiary. This provides legal protection to your assets and ensures that those assets are distributed according to your wishes. When you meet with a lawyer…Read More Here!