Pros and Cons of Gift Giving in Your Will

Posted by heritagelaw on Nov 20, 2023 in Blog, Wills & Estate

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!

Tips for Choosing Power of Attorney

Posted by heritagelaw on Nov 1, 2023 in Blog, Wills & Estate

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!

Setting Up a Trust in Alberta

Posted by heritagelaw on Oct 13, 2023 in Blog, Wills & Estate

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!

Inheritance Process in Alberta

Posted by heritagelaw on May 21, 2023 in Blog, Wills & Estate

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!

Who Should Start Estate Planning and When?

Posted by heritagelaw on Nov 30, 2022 in Blog, Wills & Estate

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!

8 Reasons to Start a Trust

Posted by heritagelaw on May 1, 2022 in Blog, Wills & Estate

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!