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Planning Your Will, Trust, Lpa & More: Estate Planning for the Modern Family (in English)
Keon Chee
(Author)
·
Marshall Cavendish International (Asia)
· Paperback
Planning Your Will, Trust, Lpa & More: Estate Planning for the Modern Family (in English) - Chee, Keon
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Synopsis "Planning Your Will, Trust, Lpa & More: Estate Planning for the Modern Family (in English)"
With society's rising affluence, children andfamilies stand to inherit properties and many thousands and millions of dollarswhen parents and relatives pass away. The importance of setting out clearinstructions about the distribution of your assets or wealth while you arestill alive cannot be overstated. This process of estate planning involvesmaking a will and perhaps setting up a trust, depending on your personalcircumstances.The rise of the modern family and what such a family is likelyto own, add to the diversity of planning required. In addition to thetraditional two-parent family, we have families with single parents, partnersof different races, nationalities and faiths, and same-sex partners. The modernfamily is likely to own foreign assets, a business, pets and digital assets, and likely to consider charitable giving in their estate planning.In this book, well-known estate planner KeonChee takes you through the various aspects of estate planning, including thewriting of a will, the setting up of a trust, planning your Lasting Power ofAttorney (LPA) and setting out other important final wishes. The author hasinvited several highly experienced practitioners to share their specialistknowledge throughout the book enhancing the breadth of coverage.
