Families’ guide to will writing, trusts and inheritance

The fear of many grandparents, parents and families who worked so hard for their wealth is for it to end up in the hands of bad relatives and outside predators in case of their death or incapacity. When you want to spare your loved ones of the burden of dividing and even quarrelling over your estate, or the pain of having to pay for the unnecessary legal costs and taxes, one should write a will or create a living trust. When you don’t have one, you run the risk of your assets going to waste. Others attempt to write a will without proper guidance. But writing a defective will is as good as having no will. In many instances, this becomes a subject of long, painful litigation. To help you with this, the Center for Global Best Practices will run a one-day pioneering seminar titled, “Families’ Guide to Wills, Trusts & Inheritance: Will-Writing, Trust-Making and Inheritance Giving the Right Way,” on June 15, 2016 at the EDSA Shangri-La Hotel, Mandaluyong City.

This seminar will provide you and your family a practical guide on will-writing the right way and creating living trusts that addresses properly the many issues including the care of minor children or your parents and other loved ones after your death, or care for you in case you are incapacitated, guardianships, administration of your estate, and many more.

This unique seminar will feature experts in estate planning and asset protection law: Atty. Nicasio C. Cabaneiro, CPA and Atty. Jim V. Lopez. Cabaneiro is a sought-after lecturer and estate planning consultant of high net worth families and individuals to help them with their tax and other legal matters. He is an authority in the practice of taxation and commercial law He finished his accounting degree (magna cum laude) and his law degree (cum laude) at the San Beda College of Law. On the other hand, Lopez is the lead partner for legal programs of Center for Global Best Practices. He is an author of five best-selling books and an expert practitioner in asset protection law and family business law. Part of his advocacy is helping family business owners craft an effective family constitution as an instrument for family businesses to last for generations to come. He finished law at UP and pursued postgraduate studies at Harvard University.

Families, estate planners, and those interested in this topic are encouraged to avail of the group discount for three or more participants and early bird payment discount. Seats are limited and pre-registration is required.

For details and a complete list of best practices seminars including Professionalizing the Family Business (June 10), Family Business Governance and Crafting Family Constitution (Oct. 22) Families Guide to Estate and Tax Planning, you may log on to www.cgbp.org or call (+63 2) 842-7148/ 59 and 556-8968/ 69, Cebu lines: (+63 32) 512-3106 or 07, Baguio line: (+63 74) 423-5148 or Legazpi line: (+63 52) 736-0148.