• I have already written a will. Why do I need to set up a trust?
  • If I set up a trust, does it mean that I don’t need to write a will?
  • I have a trust set up within my will. Isn’t that good enough?

There are many misconceptions on a will document and different types of trusts and how they are properly used to do estate planning. Thus, this often led to complications in one’s estate distribution process, resulting in strife and conflicts among family members.

Let not your loved ones be one of them.

Jocelline Chee, the Founder of WG Legacy, a boutique estate planning firm shared the major differences and why some wealthy families set up trusts even after having a will written.

Here, you would discover more about:

– The Difference between a Will and a Trust
– Limitations of a Will Document in Estate Planning
– How Setting Up a Trust can Complement a Will in Estate Planning?
– Case Studies

https://kclau.wistia.com/medias/l1koguefhu?embedType=async&videoFoam=true&videoWidth=640

Ian Tai
Ian Tai

Financial Content Machine. Dividend Investor. Produced 500+ Financial Articles featured in KCLau.com in Malaysia and the Fifth Person, Value Invest Asia, and Small Cap Asia in Singapore. Regular Host and Presenter of a Weekly Financial Webinar with KCLau.com. Co-Founded DividendVault.com, an online membership site that empowers retail investors to build a stock portfolio that pays rising dividends year after year in Malaysia and Singapore.

    2 replies to "3 Reasons to Set Up a Trust even if You Have a Will"

    • Daniel 
      August 16, 2023

      The recorded webinar seems to have been cut short to 15 minutes.

      Reply
      • KCLau 
        August 17, 2023

        Hi Daniel,

        Thank you for your message. The full recording of the webinar is actually made available exclusively to paid members.
        The 15 minutes video is a portion of the webinar that we put up for free that is made available to the public.
        If you’re interested in accessing the full content and gaining more insights from the webinar, you might want to consider checking out the Premium Webinar Membership.

        Or if you want to follow our weekly webinars that you can attend live for free without any payment, you can subscribe to our email list at https://KCLau.com

        If you have any more questions or need further assistance, please don’t hesitate to let me know. I’m here to help.

        Best regards,
        KC Lau

        Reply

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