But it is important for every individual to think of asset distribution through the form of wills and trust funds, says Mindy Teo, Director of Wills and Trust Pte Ltd. One never knows when something untoward might happen, resulting in a person’s assets not being left to their family, or the organization of their choice, due to the absence of a will.
Wills and Trust Pte Ltd offers wills and estate planning services unlike any other company or firm. Rather than have a lawyer simply draft out your will across a desk in an office, Wills and Trust offers a personal touch to this important matter. With their fleet of estate planners who mostly have backgrounds in the life insurance industry, Wills and Trust offers a wider range of expertise and experience in the life planning arena than many other companies.
Says Teo, “Wills and Trust’s estate planners are able to recommend, suggest and highlight to a client what to draft in a will once we know the needs of our client. This is different from having a lawyer draft out a will as most lawyers just take instructions from their client.”
According to Teo, Wills and Trust also aims to help in educating the public on the issue of will-writing and estate planning. Wills and Trust offers a wide variety of services on that subject, even allowing clients to set up Charitable Trust funds where the client is able to leave all his worldly possessions to a charity of their choice.
So how old should you be before you start drafting up a will? “You can if you are 21 years or above,” says Teo.