Private Trust Services
Comprehensive Will
A Comprehensive Will is an elaborate testamentary document that is suitable for very large or complex estates or family relationships.
The Comprehensive will can cover for uncertainties or certain complex conditions.
All asset types whether Landed assets, shares, bank accounts, investments, insurance policies (including Group Life Insurance by employers), gratuity, Retirement Saving Accounts (RSA) with PFAs as well as debts owed to you can be included into a Comprehensive Will.
Who needs this?
Do you have a large or complex estate?
Do you have assets in more than one state or across different countries?
Do you have a large family?
This Estate Plan is for you!
BENEFITS
- A Comprehensive Will enables specific and detailed instructions for distributing various assets, ensuring clarity and minimizing potential disputes.
- Comprehensive Wills incorporate strategic tax planning to minimize potential inheritance tax liabilities on the estate, facilitating a more efficient transfer of assets to beneficiaries.
- Comprehensive Wills allow for the establishment of testamentary trusts, providing sophisticated control over the timing and conditions of asset distribution, especially useful for complex family situations.
- Suited for individuals with business interests, Comprehensive Wills outline detailed plans for business succession, ensuring a smooth transition of ownership or management.
Talk to a trust advisor now
“For more information regarding setting up a Comprehensive Will, please contact us today.”
