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Estate Planning – is it for me…?
Through our lives, we spend so much time worrying about making
a decent living. Questions like, "Will we have enough for
a new house? Can I afford that new car? Can I take that trip
I've always wanted to take?”
But the years pass. You've built up an estate,
and achieved success. Your focus starts shifting away from
taking care of yourself, to ensuring your loved ones are cared
for after you're gone. You want to further accumulate your
hard earned wealth but wouldn’t want to do it yourself. You
want to further preserve and protect it from the hands of
your creditors and distribute it down to your future generations.
That's what estate planning is all about.
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I hate Estate Planning – are these the concerns…?
- I have built a substantial wealth, how do I create
a creditor’s proof for my wealth?
- I’ve no idea how much I worth that is enough to
last thru my golden years. How do I ensure sufficient
liquidity for my family needs and can still plan for
charity?
- Most of my wealth is in overseas. What is the best
methodology to hold and manage it better? Is creating
an offshore company in tax haven country the right
choice?
- How to preserve my wealth and pass it down to many
generations?
- I have a complex family matters, how can Estate
Planning help?
- I run a successful business. What happened to my
business and how does it affect my family upon my
death?
- My wealth is quite complex. I have written a Will.
Isn’t it sufficient?
- Passing down my wealth. How do I prevent family
feuds and achieve harmony at the same time?
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Defining Estate Planning…
Is a process of organizing
one’s property through elements of preservation, accumulation
and distribution with the overall intent of enhancing and
sustaining the financial security of individuals, their families
and future beneficiaries of the estate
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