5. Financial Planning for You
Priority
Estate Planning
Objective
- To distribute all essets efficiently
Purpose
- to distribute all assets to designated beneficiaries
Principle
- Nomination is documented for insurance and EPF
- Will is documented for immovable property (houses, buildings) and moveable assets (cars, shares, investments, etc).
QR for Will Writing
QR for Understanding and Faraid
QR for Unclaimed Money Info
QR for Not Fair Inteded
How to achieve?
Consifer Making:
- Will, EPF and Insurance nomination
- Lasting Power of Attorney
Timeframe
- Medium-term goal is to achieve tax savings within one to three years.
- Medium-term goal is to manage all estates within one to three years
