The number of Malaysians making wills has soared following the recent airline tragedies. An estate planning firm here has reported a 40 per cent increase in new wills while public trustee AmanahRaya has received more requests from companies to hold talks for their employees on the importance of estate planning. “There is usually a surge […]
Read More »Updating Your Revocable Trust: How Many “Tweaks” Are Too Many?
If your life or the law has changed since you signed your trust, it needs to be updated. Updates can be made by way of an amendment – or – a complete restatement. An amendment updates a specific part of the trust; whereas, a restatement, updates the entire trust. You might think that an amendment […]
Read More »10 Types of Trusts: A Quick Look
Considering the myriad of trusts available, creating an estate plan that works can seem daunting. However, that’s what we, as estate planning attorneys, do every day. We know the laws and will design a plan which addresses your specific situation. Here’s a look at the basics of ten common trusts to provide a general understanding. […]
Read More »The Value of Having a “Plan” in Estate Planning
All too often, estate planning is viewed as a transaction: a will, a living trust, powers of attorney, etc. But the best planning happens when the professional can get to know the client on a deeper level, to uncover hopes, dreams and aspirations. It becomes more about family and values, and it becomes a process […]
Read More »Estate Planning Roadblocks
The road to a successful estate plan can be a tricky one. Laws create a path that has many steep inclines and sharp curves. The biggest roadblocks to a successful estate plan, however, are not written in statute books or government regulations. They exist in the mind.
Read More »Thinking of Saving on a Will? Think Again
Today it is easy to save money while having a will drafted as a plethora of online services offer downloadable forms and many cut rate providers offer to draft cheap wills. This is causing problems for families in the United States and the United Kingdom.
Read More »When DIY Estate Planning Goes Wrong
People have many options today for creating their own estate planning documents. Forms can be purchased quickly from websites and books. However, trying to create your own estate plan can actually be more expensive than hiring an attorney.
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