WeWills legacy
estate planning and administration
Estate planning and Administration are comprehensive legal and financial processes designed to efficiently manage and distribute your assets and affairs during your lifetime and after your death.
Plan with WeWills Legacy for the range of strategies and instruments that we can provide, with the aim to preserve, protect, and transfer assets while minimising chores and ensuring the fulfilment of your wishes and objectives.
Asset and administration planning
Our primary objective to ensure your assets are utilised effectively to achieve specific goals, maintain their value over time, and comply with relevant regulations and best practices.
Wealth transfer
Efficiently transferring assets to intended beneficiaries, including family members, charitable organisations, or other entities.
incapacity planning
Establishing mechanisms to ensure that if you become incapacitated, decisions regarding your health and financial affairs are made by trusted representatives according to your wishes
common questions
FAQ
We are here to help you 7 days a week and respond within 48 hours. Plus, you can find most answers to your questions right on this page.
Will
A will is a legal document that sets out how a person’s assets and properties should be distributed upon their death
Lasting Power of Attorney (LPA)
An LPA allows a person (known as the “donor”) to appoint one or more individuals (known as “donees”) to make decisions on their behalf in the event they become mentally incapacitated and are unable to make decisions for themselves.
Trust
A trust is a legal arrangement where a person (the “settlor”) transfers assets to a trustee who holds and manages those assets for the benefit of one or more beneficiaries.
Insurance Policies
Life insurance policies can be an essential part of estate planning as they can provide financial support to beneficiaries upon the policyholder’s death
Central Provident Fund (CPF) Nomination
CPF is a compulsory social security savings scheme in Singapore. By making a CPF nomination, individuals can specify how their CPF savings should be distributed among their loved ones upon their death, which can help avoid potential conflicts.
Advanced Medical Directive (AMD)
An AMD is a document that allows individuals to express their wish not to be kept alive by artificial means if they are terminally ill and unable to make decisions about their medical treatment.
Even if you don’t have significant assets in Singapore, having a Will can still be beneficial. While a Will is commonly associated with the distribution of assets, it serves other important purposes as well. The appointment of guardians for your minor children, specifying gifts on who should receive sentimental items, family heirlooms, or personal belongings that hold special meaning to you or your loved ones.
In addition, having a Will can simplify and expedite the administration of your estate. It provides clear instructions to your appointed executor, facilitating the distribution of your assets and minimising administrative complexities.
Definitely! Each person’s situation is unique, and their estate planning requirements may differ based on factors such as the size of their estate, the complexity of their assets, family dynamics, and specific preferences for asset distribution.
The customization of your will allows you to address your specific concerns, designate beneficiaries, appoint executors, set up trusts, and make other important decisions related to the management and distribution of your assets after your passing.
Here at WeWills, we pride ourselves in providing high quality consultation and estate planning, all to ensure we protect your interest at affordable prices. Drop us a call/email us for a FREE consultation.
