Importance Of Estate Planning, Learn about why people avoid estate planning and what happens when we do so. Find out about the Estate Planning Process.
Find out about the importance of Estate Planning and the reasons why people avoid it. The consequences of avoiding Estate Planning are:
Learn about the Intestate Succession Act (Non-Muslim Estate) and the unintended consequences of Intestacy.
Also learn about the objectives of Estate Planning and the Overview of the Estate Planning Process:
- Ascertain the assets you own
- Determine how you want your estate distributed
- Decide on the means of transferring your assets
- Execute your estate plan
- Review your estate plan annually
In this module we will cover the first two steps of the Estate Planning Process.