Speaker : Mr. Johari Low
Profile : Group Chairman of Rockwills International
Topics : Estate Planning for Multi-Millionaires
Q1: What is the definition of Multi-Millionaires or High Networth Individuals (HNI)
A1: HNI = people who has investable funs of more than USD 1 million
Q2: Why does HNI needs more comprehensive Estate Planning?
A2: The HNI cannot satisfy their needs by just simple WILL Writing. The needs on current families are more complex, we see lifestyle changes (spendthrift children), divorce rates higher, more family blend (cross cultural marriage), sibling rivalry, spousal influence, succession planning & globalization which lead to offshore investment or business. A lot of problems still remain unsolved by A WILL. You need to have a package of Estate Planning solution customized for HNI.
Q3: What are the Estate Planning Tools available?
A3: There is Insurance, Trust, Foundation, Power of Attorney, Buy-Sell Agreement, Offshore vehicles (for tax mitigation), Confidentiality.
In MalaysiaWills, we protect your Wealth ONLINE anytime, anywhere.
About the Guest Author:
Evanna Phoon is the “Most Sought After Rockwills Will & Trust Specialist”. Her website is www.malaysiawills.com, where anyone can register for FREE SEMINARS on Will Writing & Trust and watch FREE Video Education Series to help increase awareness of Will, Trust and Estate Planning services in English, Mandarin and Cantonese.
She had done over 200+ video blogs on the topic of Will, Trust, Funeral & Bereavement care and Estate Planning. She was invited as a speaker at International World Bloggers Summit 2011@PWTC, Rockwills CEO achiever´s congress, Negeri Sembilan Chinese Chamber of Commerce & Malaysia SME Business Networking Seminar.
Evanna writes regularly for Malaysia SME newspaper and two Chinese medium magazines “mystudy.my” and QiJi.
Prior to joining the financial planning industry, she worked for a few years as an electronics engineer with Intel, Freescale, Motorola and Western Digital. While still studying in the university, she appeared in billboards and did catwalk modeling. She was Miss Astro Chinese International Finalist 1998/99 and had won Miss Sunway Beauty Pageant title in Year 1999. She is currently married with two children and love to spend her time mountain biking and outdoor sports with her family.
