Wills & Estate

Succession planning is a crucial consideration for any small business owner. It ensures the continuity and sustainability of the business in the face of unforeseen events such as illness, retirement, or even death. For small business owners, the need for a well-thought-out succession plan as part of their estate planning is important. Without a clear…Read More Here!

Choosing who will execute a will is an important decision with far-reaching implications. In some cases, individuals choose to have co-executors to divide the responsibilities and workload. However, having two executors for your will has certain advantages and disadvantages. Let’s take a closer look at the pros and cons of having co-executors so that you…Read More Here!

In Alberta, preparing for inheritance involves a series of crucial steps. This ensures a smooth transition of assets and minimizes potential conflicts among beneficiaries. Whether you’re considering early inheritance, exploring disbursement options, or seeking professional advice, understanding the intricacies of the process is essential. Let’s take a look at the key aspects of inheritance planning…Read More Here!

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!

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!