All the hard work one has done so far in accumulating and preserving is for their dear ones. Do you know in many cases the estate is not distributed according to creators wish ? The reason is as follows.
The creator of the wealth did not bother to put in legally enforceable plan in place, to effectively manage the transfer to those people whom he intended to give. A big mistake. Also some of the points to be considered in these transfers are taxation, the intended beneficiaries’ capabilities in managing those wealth, cashflows and Business Succession.
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