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Book Cover
E-book
Author Chee, Keon

Title Planning Your Will, Trust, LPA and More Estate Planning for the Modern Family
Published SG : Marshall Cavendish International (Asia) Private Limited, 2021

Copies

Description 1 online resource (293 p.)
Contents Cover -- Title -- Copyright -- Contents -- Preface -- Introduction -- PART 1 -- THE SIX ESSENTIAL ESTATE PLANNING DOCUMENTS -- 1 Will -- 2 Will Trust -- 3 Lasting Power of Attorney -- 4 Advanced Medical Directive -- 5 Advance Care Planning -- 6 Grant of Probate -- PART 2 -- SPECIAL SITUATIONS: FAMILY -- 7 Planning and Funding a Will Trust -- 8 Aspects of Living Trusts -- 9 Uses of Living Trusts -- 10 Retirement Planning Amidst Turbulent Times -- 11 Traditional Life Insurance -- 12 Variable Universal Life Insurance -- 13 Trust Investments -- 14 Pillars of Wealth -- 15 Marriage and Divorce
16 Guardianship -- 17 Christians -- 18 Muslims -- 19 Persons with Special Needs -- 20 Giving -- PART 3 -- SPECIAL SITUATIONS: BUSINESS -- 21 Starting a Business -- 22 Protecting the Business (with Keyman Protection) -- 23 Protecting the Shareholders (with Buy-Sell Agreement) -- 24 Protecting the Family Business (with Family Governance) -- 25 Family Offices -- PART 4 -- SPECIAL SITUATIONS: FOREIGN ELEMENT -- 26 Malaysia -- 27 Indonesia -- 28 Thailand -- 29 The Philippines -- 30 Vietnam -- 31 China -- 32 Australia -- 33 United Kingdom -- 34 The United States -- 35 Foreigner in Singapore
36 Common Reporting Standard -- CONCLUSION -- 37 Finding the Right Estate Planner: 10 Questions to Ask -- Contributors -- About the Author
Summary With society's rising affluence, children and families stand to inherit properties and many thousands and millions of dollars when parents and relatives pass away. The importance of setting out clear instructions about the distribution of your assets or wealth while you are still alive cannot be overstated. This process of estate planning involves making a will and perhaps setting up a trust, depending on your personal circumstances. The rise of the modern family and what such a family is likely to own, add to the diversity of planning required. In addition to the traditional two-parent family
Notes Description based upon print version of record
Subject Finance, Personal -- Singapore
Form Electronic book
ISBN 9789814928137
9814928135