Finance & Accounting

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.

What you will learn

  • to learn about why Estate Planning is so important
  • to learn about why people avoid it
  • to learn about the Intestate Succession Act
  • to learn about the Estate Planning Process
  • to ascertain the assets that you own
  • to determine how you want your estate distributed

Description

Find out about the importance of Estate Planning and the reasons why people avoid it. The consequences of avoiding Estate Planning are:

  • Delay
  • Disputes
  • Intestacy

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.

Who this course is for:

  • working adults
  • those approaching retirement
  • those who wish to do estate planning
 -  Importance Of Estate Planning
  • Udemy teacher
  • English
  • 5
  • 1259
  • 2022-03-07