WILLS AND ESTATE PLANNING
A Will grants an individual the power to determine what should happen to his or her estate in the event of death, together with choice as to who should be appointed as the executor to facilitate the administration process.
It is imperative, that every person has a valid Will to ensure that his or her estate devolves efficiently and cost effectively upon his or her chosen beneficiaries.
When attending to estate planning, the following factors should also be considered:
- liquidity of the estate
- management of any assets to be awarded to minor beneficiaries
- appointment of a guardians and trustees
- management and protection of business interests
- funeral and burial requirements
- estate duty implications
Akayi Date Law Firm evaluates each client’s requirements individually and provides confidential advice on all aspects of wills and estate planning.
“In this world nothing can be said to be certain, except death and taxes”
(The Works of Benjamin Franklin, 1817)