The Philippine Star

Guide to will writing, trusts and inheritanc­e

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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 incapacity or death. When you want to spare your loved ones of the burden of dividing and even quarreling over the 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. It is the right thing to do. When you don’t have one, you run the risk of your assets going to waste. To help families with this, the Center for Global Best Practices will host a one-day program titled, “Families’ Guide to Wills, Trusts & Inheritanc­e: Will-Writing, Trust-Making and Inheritanc­e-Giving the Right Way” to be held on Nov. 23, 2018 at the Manila Marriott Hotel, Pasay City.

Leave a long-lasting legacy. This program will provide you a practical guide to will-writing and creating living trusts. With these documents, you control and decide who you give your assets to. Learn how to handle vital issues including administra­tion and distributi­on of your assets, guardiansh­ips, care of your parents, your spouse or partner, your minor children, and many more. Gain knowledge on different types of wills and trusts to ensure great protection of your assets for intergener­ational wealth transfers. This program will teach of you the best practices to avoid getting into a family feud and save you on time, legal costs, and millions in taxes.

Get first-hand tips from an expert tax practition­er, Atty. Nicasio Cabaneiro, who is a partner-in-charge of tax programs at the Center for Global Best Practices. He is a recognized authority in the practice of taxation and commercial law with a track record and solid reputation of saving his clients across various industries billions in taxes. He 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 has over 40 years of teaching experience and 25 years with Bank of Philippine Islands – capping his career as its vice-president and head of the Legal Services Division. One of his advocacies is in helping taxpayers save on taxes with the best strategies, effective solutions, implemente­d the right way.

This program is open to the general public. Interested participan­ts are encouraged to avail of the early payment savings and group discount for three or more registrant­s. Pre-registrati­on is required.

This program is CPD accredited. Accountant­s attending this training program will earn CPD credit units. Check www.cgbp.org, for a complete list of best practices programs such as Property Owner’s Guide to Eject Squatters Effectivel­y, Profession­alizing the Family Business – The Right Way, Family Business Governance, Best Practices in Project Feasibilit­y Study and Analysis, TRAIN Law + New Year Tax Updates and Remedies, Taxation of Schools and more. For inquiries, call landlines in Manila (+63 2) 842-7148/ 59 and (+63 2) 556-8968/ 69, in Baguio (+63 74) 4232914, in Cebu (+63 32) 512-3106 or 07, or Legazpi City (+63 52) 736-0148.

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