Do I Need a Lawyer to Make a Will in Edmonton?

Posted by Heritage Law on Jun 20, 2024 in Blog, Wills & Estate

When it comes to creating a will in Edmonton, the question often arises: Is a lawyer necessary? Understanding the complexities involved can help individuals make informed decisions about their estate planning. Let’s take a look at the necessity of hiring a will lawyer in Edmonton for will creation and explore the different types of lawyers…Read More Here!

Who Inherits My Small Business?

Posted by Heritage Law on Apr 18, 2024 in Blog, 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!

Pros & Cons of Having Co-Executors

Posted by Heritage Law on Mar 21, 2024 in Blog, Wills & Estate

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!

Inheritance Options in Alberta

Posted by Heritage Law on Feb 27, 2024 in Blog, Wills & Estate

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!

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!