How a Simple Will Helps in Business Succession

How a Simple Will Helps in Business Succession

PUBLISHER: MALAYSIASME, JANUARY 27, 2014.

You may have experienced in hindsight that sometimes a complex approach may not be the best solution to a problem especially if the complex  approach comes with its attendant high cost. How does this notion apply to estate planning? Should we by default, use a sophisticated living trust for family business succession or consider the use of a simple Will?

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GavinTeoh

Gavin Teoh is an accredited and experienced financial planner in Malaysia. He won PlanPlus Global Financial Planning Awards of Asia Region in 2014 . A practice director of UOB Kay Hian Wealth Advisors Sdn Bhd. His financial services specialties are holistic financial planning, insurance planning, investment and retirement planning, will-writing and estate planning, and SMI financial risk management.