Tuesday, August 19, 2008

Where There Is A Will, There Is A Way!

"How do I distribute his assets?" a widow may ask, "I haven't a clue as to what he wanted to do with them. He just left without a word."

Is this the scenario we want to have when we, the heads of our household, depart from this world?

Leaving our loved ones suddenly without a will, is like, a Navy captain of a ship who abandoned his vessel without telling anyone his plans for the ship. Where he is heading to, what to do with the cargo in the ship's hull etc...

It will be a very traumatic experience for our survivors.

When we have a will professionally done to cover all aspects of our financial assets, we can rest assured that our loved ones will not quarrel and fight among themselves for the assets which they "think" they are entitled to.

If you don't decide for them, the Singapore Intestate law will decide for you. If a widow does not have any children, she will not get to receive all her late husband had, She will have to share 50% of his assets with her parent-in-laws. Great if she was on good terms with them. Not so great if she was at war with them.

So if you do not have a will, husband or wife, please contact me so that I can help you get one done asap professionally.

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