Ever wondered: What happens to my Assets after Death?
Shapiro said that everyone dies with a will, you either make your own will, or the law makes it for you under the rules of intestate succession ……
Do you really understand the importance of having a valid will and what the consequences are if you do not have a valid will? We are trying to give an overview, by means of answering the most commonly asked questions.
Real Estate and Building up an Estate – why is it important?
The purchase of a house, is one of the biggest decisions, if not the biggest that people can make early in their careers to acquire assets and build up an estate.
It is therefore of utmost importance that one then also deals with proper estate and financial planning on how to deal with your assets during your lifetime, as well as in the event of your death.
It is important that a person realizes at a young age, that the moment when you receive your first payment or salary, that this is in the most instances the date where you can potentially start building up your own assets in your estate. Remember, not all of us are lucky enough to inherit a lot of assets, either making it easier for some, or cultivating an easy come, easy go strategy with others.