You’ve built assets and made investments during your journey. Do you know what may happen to them when you pass away? Do you know which assets will be distributed by your estate and which ones won’t?
Having appropriate ownership structures for tax planning and protection purposes is only part of the strategy.
Having a will conveys your final wishes and instructs how you want your assets distributed. Without a will assets are distributed according to the laws of intestacy. This creates a risk of assets falling into wrong hands.
Furthermore, wills allow you to set up structures for beneficiaries that may need further protecting. Setting up a trust for minor children and disabled children gives you peace of mind to know they will be taken care off when you are no longer around.
As part of our advice, we can identify risks your assets may be exposed to and how the risks can be avoided with a carefully devised estate plan.