ESTATE PLANNING

Will

Do I need a Will?

For most people with dependants they definitely need to have a Will. However, for those without dependants then the answer is "probably". It is estimated that only 10% of people have made Wills. To die without a Will is to die Intestate (not having one). Without a Will, properly signed and witnessed, the Rules of Intestacy might be imposed by the Government of the country where you live. These rules vary from place to place, and indeed from state to state in countries like Singapore, Australia, the USA and Canada.

Wills are an important Estate Planning tool when people are looking into their financial affairs. Most people have an idea of their personal wishes but have not done anything about it. Read Full Article