+6012 391 3638 sklim@trueliving.today
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Contact Info

Our Office

88-3-43 Komplek Sri Wonder
Jalan Lintang Sungai Pinang
10150 Georgetown
Pulau Pinang. Malaysia

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Open Office Hours

M-F: 9am – 6pm
S-S: 10am – 3pm

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sklim@trueliving.today
+6012 3913638

Estate planning is the process of preparing for the transfer of your assets and properties to your beneficiaries after your death.

It’s not just for the wealthy; anyone who has assets, regardless of how big or small, should have an estate plan in place. Here are some reasons why estate planning is important:

(1) Protects Your Loved Ones: Estate planning allows you to protect your loved ones by ensuring that your assets are distributed according to your wishes. It also helps avoid family conflicts that can arise in the absence of an estate plan.

(2) Minimizes Taxes: Estate planning can help minimize taxes that your beneficiaries may have to pay on their inheritance. Proper planning can help reduce estate and gift taxes, which can save your beneficiaries a significant amount of money.

(3) Provides for Incapacity: Estate planning also provides for incapacity by appointing someone to make decisions on your behalf if you become incapacitated. This can include healthcare decisions, financial decisions, and other important matters.

(4) Allows for Charitable Giving: Estate planning can also help you give to the charities that you care about by allowing you to leave a portion of your assets to them in your will.