Estate Planning is a financial strategy to give away Whatever you have, Whenever and However you like, to Whoever you want, in an Orderly way before you go.
As Economic, Social, Demographic and Market Trends changes over the years, the need for Estate Planning becomes more prevalent.
How do you wish to be remembered?
Legacy planning includes Estate Planning strategies where it prepares your wealth for others (Valuables). It also includes preparing others for your wealth (Values).
Family income planning makes a huge difference in your family income, savings and expenditure. It is essential to build a contingency fund of about 6 to 12 months of your combined income. This would ensure sufficient buffer in case you or your spouse decides to stop working for a period of time.