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Estate Planning

Overview

Passing wealth is an extremely complicated process that involved a large amount of legal and tax groundwork and it needs adequate time to prepare ahead. We will help you plan your estate based on your financial status and wishes by offering the service as follows:

- Peace of mind that your legal and financial affairs are taken care of when you pass away or become incapacitated.

 

- Make sure that your asset will be passed to your loved ones in the most legal and tax-efficient manner.

- Smooth asset transfer while maintaining your family's privacy.

- Less legal fees and tax paid​.

To see how we do it step by step, please see Our Process​.

What Is Estate Planning?

Estate planning is the preparation of tasks that serve to manage an individual's asset base in the event of their incapacitation or death. The planning includes the bequest of assets to heirs and the settlement of legal and tax liabilities. Most estate plans are set up with the help of professionals experienced in estate law. A comprehensive estate plan will address the following areas:

 

 

Will & Power of Attorney:

This is to make sure your legal and personal affair will be taken care of when you pass away or become incapacitated. This process will usually involve lawyers and/or public notary. 

Probate & Tax Minimization:

This is to minimize your tax and probate & legal fees payable for your loved ones after you pass away. Strategies may include estate freeze, setting up a trust, life insurance. Both Lawyers and accountants should be involved during this process.

Executor Appointment:

This is to ensure that your will and other affairs will be handled effectively and according to your wishes after you pass away. ​ There are several factors needed to be considered in this section( Age, experience, credibility, relationship to you, etc.) This process may also involve a lawyer or notary public.

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