Pet trust – A welcomed solution for all pet owners

THE keeping of pet has always been of key importance in human lives. They provide companionship and bring us endless joy and positive energy. Having a pet has been scientifically proven to bring health benefits and therapeutical effects to us such as reduction in stress, loneliness and anxiety. They do not ask for much in life. Most of the time, they need only a warm and sheltered place to live, as well as adequate food…

"Pet trust – A welcomed solution for all pet owners"

Covid pandemic a wake-up call to family-owned businesses on importance of succession planning

PETALING JAYA: The Covid-19 pandemic is a wake-up call to family enterprises to establish a succession plan and prepare for the next unexpected personal or worldwide crisis, according to Rockwills Advisory Services Sdn Bhd general manager Jason Tham Jiessen (pix). Tham said many small enterprise founders meet their family members more often during the stay-at-home and movement control order periods that give them the space to talk about the future and the structure of the business.…

"Covid pandemic a wake-up call to family-owned businesses on importance of succession planning"

A Will and A Declaration of Trust

A Declaration of Trust is an estate planning tool that compliments a Will, the owner of the assets (Settlor) will create a trust deed by declaring that he declares himself as a Main Trustee and appoint a Trust Corporation as Substitute Trustee and holding the trust assets for himself and/or any others beneficiaries named in the trust deed. A power of attorney (POA) is given to a Trustee Corporation, and this POA will enable the…

"A Will and A Declaration of Trust"

Leading Your Client With Special Needs Children to Set Up a Trust

Every child is special, but a child with special needs requires more attention. If your clients have a child with special needs, extra care is required when you discuss their estate plans. *source: https://www.outpourtunities.org/ Clients with special needs child often face the following estate planning challenges: Will the assets be readily accessible to the special needs child in the event the parents are incapacitated? How to ensure that the inheritance will be used for the…

"Leading Your Client With Special Needs Children to Set Up a Trust"