Estate Planning Lawyer Singapore
You may be in the pink of health now, but you never know what could happen tomorrow. It is always best to be ready especially if you are leaving behind plenty of assets. An estate planning lawyer can help you prepare your family for the future, just in case something terrible happens to you.
Planning ahead ensures that your family will be taken care of when you are gone and that there will be no conflict among your beneficiaries.
What can an estate planning lawyer do for you?
- Helps you create a personalised will
There are lots of templates online for creating a will. Just fill in the blanks, and you’ve got an instant generic document. However, if you want a will that is tailor-made for your assets and your dependents, you need to hire an estate planning lawyer to help you draw up the paperwork. If you need to change the provisions of your will, you also have to consult a lawyer first to avoid invalidating your whole will.
- Provides you with legal options that suit your financial situation
Some estates only require a simple will while others need different types of trusts. An estate planning attorney can advise you on the best legal instruments that could benefit you and your family.
- Keeps up with the latest property laws in Singapore
Estate property laws do change over time so the plan that you drafted today may not be applicable when you are gone. Your estate planning lawyer will inform you when it is time to update your will. If you fail to keep up with legal amendments, you risk compromising the legality of your document.