It is always a good idea to protect your properties and your loved ones. There are many legal options which you may need to understand
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An important part of estate planning is to make a Will or a Testament by which a person, the testator, expresses their wishes or desires as to how their property and possessions are distributed, managed upon their death to/by one or more persons. The Will maker can also appoint the executor to manage properties until their final distribution
A Power of Attorney (PoA) is a legal document by which a person (a donor) gives authorisation to another person (a donee) to act on their behalf. For example the authorised agent can buy and sell items or property and operate bank accounts.
Advance Care Directive (ACDs) is the essential back-up plan which enables you to:
- Express your wishes, preferences & instructions for your future health care, end of life, living arrangements and personal matters
- Appoint one or more Substitute Decision Makers (SDM) on your behalf in case you are unable to communicate or make a decision yourself.
- Create a warm peace of mind that your beloved ones grasp your ideas and respect your desires though you might not be able to speak out…
Probate is the process of transferring property legal title from the decreased person to their heirs or beneficiaries. It also refers to the legal document (Grant of Probate) issued by the court to confirm the validation of the Will as well as the administration right of the Will executor to finalise a deceased person’s financial and legal affairs…
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Who can make an Advance Care Directive
An Advance Care Directive (ACD) is a legal document that allows people over the age of 18 to appoint one or more Substitute Decision Makers who can make decisions on their behalf.
How do I change my Will?
Depending on the significance of the change that you would like to make, two different approaches are proposed to enable updates to your Will
Checklist to make a Will
Preparing a will is not a headache as you might think. It is just the matter of customising the standard required for a will to your own case
Responsibilities of the Donee ( Person who has been given the Power of Attorney)?
A donee’s duties vary, depending on what types of powers the principal granted. Some main responsibilities of a POA donee are covered in this article