“It is a common misconception that Will Writing and Legacy Planning is for the RICH, Old or Dying”
In truth, Will writing is for every person with specific distribution wishes for their assets upon death or mental incapacity.
That essentially includes every person with property ownership, bank savings, insurance coverage, investment portfolio and/or business ownership.
Legacy planning is especially necessary for business owners and families with minor children and/or elderly parents.
Enhanced consideration needs to be given to beneficiaries who are young and below 18 years old and it is always wise to set up a Trust to hold the funds for beneficiaries until the right timing of the beneficiary to manage their finances.
The Issues to Grapple with
Many people agonize over the best ways to distribute various assets to their spouse and children. Should it be given equally, or should some have more than others? Should the assets be separately given or should they be shared? If shared, would this cause friction and dispute over asset usage or disposal?
The Role of the Estate Planner
The multitude of potential issues is often underestimated by the client. The subject is wide in scope and is highly technical with many issues to be grappled with as mentioned in the earlier paragraphs.
Jocelline is able to understand the wide scope of issues that need to be addressed in a person’s legacy plans. She will be able to identify the triggers that the clients can relate to.
If you would like to find more about how you can take the 1st step in planning for your loved ones, reply for a 45-min free complimentary session or contact us
These are the most common misconceptions about Will Writing from the Public.
Hope you guys found it useful.
Please contact +6019 - 729 4278 (Malaysia), +65 - 8731 5002 (Singapore) or you can fill up your particular and we will connect with you shortly.
Address:
Malaysia
(PENANG)
WISMA ROCKWILLS
A-2-1, Lorong Bayan Indah 4,
Bay Avenue, 11900 Bayan Lepas
Penang, Malaysia
(KUALA LUMPUR)
WISMA ROCKWILLS
No. 62, Jalan 2/131A
Off Jalan Klang Lama,
58200 Kuala Lumpur, Malaysia.
Singapore
ROCKWILLS INTERNATIONAL PTE LTD
10 Anson Road,
#06-17, International Plaza,
079903, Singapore.
Email: office@willgeneration.com



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