Protect your family and business with a Trust

Our team at Heritage has the necessary expertise to draft acts and give insightful advice when the time comes to make the right decisions regarding estate rights, including setting up Trusts, Last Will and Testament, Protective Mandate, and the Settlement of Estates. In addition, Heritage offers expert advice on Trust and Estate Planning and US Real Estate ownership.

Last Will & Testament

Simple will or trust adapted to the situation of the testator
Will adapted to minors
Will adapted to handicapped children
Will adapted to incapacitated spouses

Protective Mandate

In Quebec, a Protective Mandate will allow a designated mandatary to be appointed and manage the person who is deemed incapacitated with regards to their property and provide for their personal care. Specify your preferences for healthcare and medical treatment to be used as guidance if you are ever unable to make decisions. The procedure for the institution of protective supervision can be simplified and accelerated if the incapable person signed a valid Protective Mandate in advance. Heritage has a team of Quebec Notaries who are accredited to institute and conduct proceedings to homologate a Protective Mandate.

Settlement of an Estates

Here's a look at some of the services we offer in this field:

Complete succession settlements (from simple to complex)
Settlement of insolvent succession
Designation of liquidator
Replacement of liquidator
Guidance for liquidator

Declaration of transmission of movable and immovable property
Verification of holograph wills and wills made in the presence of witnesses
Inventory of succession
Renunciation of a succession

Trust & Estate Planning

A Will-Based Estate Plan includes customized documents to name guardians for your children, catalog your assets, and outline what should happen in a medical emergency. Your family and loved ones are taken care of when things are handled the way you want.

Our expert team is constantly tracking and monitoring changes to estate planning law and subsequent tax implications, keep you (and your documents) up to date every step of the way.

When someone hears the word "Trust" - there are usually certain images that come to mind. Things like "wealthy trust fund babies" and elderly individuals with high net worth, to name a few. The truth is, however, more people benefit from having a Trust than you probably think.

If you're looking for the best, most comprehensive way to protect your family after you're gone a Trust will likely be the ideal Estate Plan option for you. Creating your Will is another protective measure you can take to safeguard your assets and loved ones if you're not quite ready or don't yet qualify for a Trust. And don't worry — you can always add a Trust to your Estate Plan as your life evolves.

In short, a Trust is a fiduciary agreement that's part of an Estate Plan. Traditionally, Trusts are used to hold assets for one or more Beneficiaries, and they may offer significant estate tax and other protective benefits. If you're considering setting up a Trust — or any type of Estate Plan for that matter — our guide is the right place to start.

As you think of your last wishes and move to create an Estate Plan that documents them, you may be wondering how those you love the most will get along without you. Will your children have everything they need? Will your grandchildren's education be provided for? Will an extended family member experience a financial setback and need help at a time when you may not be there to help?

Millennials came of age on the internet. The teens who spent countless hours creating personal diaries and the first blogs went on to carve out entire careers online. Now, as they are at, or nearing, 40 years old and begin to think more about future Estate Planning, millennials will need to consider what will happen to their digital assets when they are no longer here. But they're not the only ones.

It's time that we start thinking about digital assets in ways we haven't needed to until recently. In this guide, we'll explain what digital assets are, why you need to protect them, and how to include digital assets in your Will or Trust.

While it is not recommended to list account numbers and other sensitive digital asset information in your estate plan, we recommend creating a separate document, listing out specific account information, that can be included in your Estate Plan. The most secure route to take would be to set up a digital vault that holds all important information such as account numbers and passwords. Then, you can include your digital vault's "master key" as an additional document in your Estate Plan with specific instructions for your executor or trustee.

With Heritage, a Trust-Based Estate Plan includes a comprehensive list of property and assets, including digital assets, that can be easily updated as you add or remove accounts.

Everyone has digital assets, and they have a longer lifespan than you do. Don't lose your most precious memories, important documents, or crucial business information after an emergency. Prepare in advance to protect your digital assets.

US Real Estate ownership

Canadian citizens who own Real Estate in the United States are numerous with many owning such assets for vacation or investment purposes.

Upon death, Canadian citizens with US real estate may be subject to precarious tax consequences and without the proper estate planning, before any transfer of ownership can take place, Probate may be required. Probate from a US court can be a lengthy and costly process. Heritage can ascertain your needs and develop and create the right ownership structure for property in the United States.

Learn more about what we can do for you and get started today!

Services

Last Will & Testament

Protective Mandate

Settlement of an Estates

Trust & Estate Planning

US Real Estate ownership