If your loved one is given the status “presumed dead”, the family members will not have closure as they do not know whether their loved one is dead or alive.
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You are Cohabiting
Whatever the reason for your cohabitation, estate planning is very important if both of you really care for each other.
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You are a homosexual
As a homosexual, if you are in a serious relationship with your partner, then you need to plan very carefully for the future.
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You have stepchildren or your children are stepchildren to your new spouse
The main issue of step children is that they have no legal position in the Intestate Succession Act. Therefore, one might unintentionally exclude one’s estate from deserving step-children if no proper estate planning is done.
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You are a Muslim
Islam is not only a religion; it is also a social-economic-political system. Therefore, to a Muslim, Islam is a way of life. Understand and appreciate certain Islamic estate planning ideas.
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You have assets overseas
With having assets overseas, there are serious estate planning issues to think through, and it is natural that most of these foreign assets promoters do not like to talk about such things.
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You are holding assets in trust for someone else informally
You may be asked to hold asset in trust informally for someone else, or you may want someone else to hold assets in trust for you or your beneficiary.
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You are a guardian of someone
You receive significant life insurance proceeds from your brother’s estate meant for the 3 children under your care. What do you do to ensure that you exercise your duty as guardian responsibly?
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