I have a Family.
If you are married with young children, and you suddenly pass away with no estate plan in place, your assets would be distributed according to a set of rules set up by law. The problem with such rules is that they are most likely not according to your wishes. In Singapore for example, if you have children and pass away without a Will, your parents inherit nothing when they have a great need to be maintained.
A Will will allow you distribute to the beneficiaries according to your wishes. A Trust will allow you to distribute your assets over a period of time, when your beneficiaries (young children or elderly parents) are not capable of handling large sums of money.
Contact us for more information.