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INFLATION runs way faster than SALARY increment, Do you have a solution on this matter ?
I believe when you went out to buy lunch or vegetables, most of the price has increased. When asked, they will reply : “We do not have a choice, material cost has increased too”. So what’s left for us as a purchaser ? Who will then bear our cost ? What’s worst is the portion…
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Why is there a need to create a Trust for your young children?
As a parents, do you ever thought of, if one day we unable to accompany and watch our kids grown up due to unforeseen circumstances, what are the plans we need to prepare for them? Are these your concern? Who will take care of our children? Can our children grow up well taken care of?…
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Obstacles Faced by Executor
When we write a Will, one of the important columns we need to key in is who shall we appoint as an executor. Executor responsibility is huge and if one fails to appoint the right executor, it may lengthen the process of the estate distribution and make the distribution become difficult. As an executor, you…
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How to plan ahead for your special child
Child is a parent’s most valuable asset. We always want to give them the best of what we have. For those parents with special kids, besides giving our best, they also need certain guidance, care and special attention. How should we plan for them if we are unable to hold their hands all the way…
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Should I choose an Individual Executor or a Trust Company to EXECUTE my estates?
A story for you to ponder… Peter is a businessman who knows very well the importance of having a Will. What he disagrees with is to appoint a trust company to become his executor because he does not believe in 3rd parties handling his estates. Besides, he deems that the charges are high. So he…
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Procedure required when death occur without a Will
Do you know that all the deceased’s estate will be frozen upon death? This includes all liquid and illiquid assets. What will be the next steps family members need to do to unlock the estates? First, family members have to determine the size of the estates. If the gross value of the deceased’s estate is…
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Do you have enough to retire?
Covid 19 have change everyone’s life. Our daily life have to pause to give way to this Covid 19 pandemic. Same goes to our saving. For those elderly who save their money mostly in fixed deposits, they are having a tough time because of the reduce interest rates. Employers suffer due to unable to operate…
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Life after retirement and why do we need to plan ahead.
When an individual falls into retirement age, it would means that no more consistent income coming into our bank account every month. Have you ever wonder how’s life will be after reach retirement age ? Is been human nature that we always look forward for a better tomorrow. We visualized great things and events that…
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7 reasons why you need Insurance in Estate Planning
Insurance is vital to blend in into your estate planning as it serve plenty of benefits. Insurance can make a small estate becomes big and protecting an estates which is larger in value. Besides, insurance can serve as an immediate funds used to payoff various expenses and debts. Why do we need immediate fund when…
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Why do we need an estate plan
Wealth distribution There’s a saying that ‘We born with nothing and we leave with nothing.’ But fortunate enough, during the lifetime, every individuals in this world do create and accumulate some form of wealth before they leave the world. True enough that when leaving the world, no one able to bring along the wealth they…