A will is a document that details how the testator’s estates are to be distributed upon his passing. It allows the testator to state his intentions clearly and thus, it helps to avoid conflicts from possible ambiguities in distributing his estates. The process of estate distribution is faster and more seamless with a will document.
In addition, here are several things that you can do with a will document:
A professional estate planner is one that possesses adequate knowledge on key disciplines such as legal, tax, finance, and real estate. They would enable him to write a will professionally to meet the diverse and evolving wealth preservation needs of our clients.
Insurance trust is designed to protect, preserve and prolong the sum assured of your insurance policies. It ensures that the sum assured shall be distributed and utilised in manners that are in line with your intended purposes for buying your life insurance policies.
Insurance policy owners can shield the sum assured from losses incurred from:
In addition, insurance trust allows policy owners to distribute their sum assured in stages in order to offer long-term financial support to:
Thus, buying life insurance policies is a good start to financial planning. Forming an insurance trust is a vital step forward to ensure the fulfilment of your wishes and objectives for purchasing your policies.
Inter Vivos Trust is designed to protect wealth and prolong legacies. It allows its settlor to safeguard his assets with a trust company and to determine how such assets is to be administered and distributed during its tenure with a trust deed.
With Inter Vivos Trust, the settlor is able to:
A professional trust consultant is able to offer customised trust solutions, which could cater to the diverse wealth protection needs of its clients.