Estate Planning (Wills and Trusts)

A. Write a Will

There are many reasons why many people do not consider writing a Will as early as possible. The main reason, I think, is that they fail to realize the difficulties faced by their families or dependents when they are no longer around.

Many people think they can always transfer their assets instead of writing a will. Sad to say, they may be left poor and alone if the new owners decide that they are no longer important.

A Will is therefore important, and should be written as early as possible to avoid any unforeseen possibilities.

Natural disasters and accidents are common examples of unforeseen possibilities. When this happens, assets are frozen and your family or dependents may suffer prolonged difficulties pending the issuance of a Letter of Administration should you die without a will.

Also, how young children may suffer if you have not make provisions for their education or appoint a guardian to look after them until they reach majority.


B. Write a Trust

Similarly, if you are wealthy and need to protect your wealth, you may want to consider, in addition to the will, also write a trust – which can be an investment trust, property trust or insurance trust.

Call 03-78061422 to talk to our experienced planners and Wills and Trust Writers.