Estate planning refers to the act of designating how your property will be distributed to your benefactors after you die. It also includes setting guidelines for how you would like to pass on instructions for the purpose of maintaining your own legacy, values, beliefs and hard work etc. Sometimes you can also write how you would like to be cared for if you are disabled before you die. So today, we are writing on benefits of estate planning based on our source, who is himself an estate planning Singapore lawyer, to give a professional point of view on this matter.

Who needs estate planning?
Everyone including you owns an estate. Well, nearly everyone. It simply refers to all you own –from cars to homes, land and bank accounts and all other forms of investments including life insurance policies. Anything valuable to you now that you would like to leave to your loved ones after you are gone is under this wide bracket called “estate”. You see no matter how large or modest your estate is, we all have one thing in common –mortality. And when you are done with this life you are not going to take anything with you so it is an act of good financial planning for the unknown to have a good plan of how your riches will be distributed.

What are the advantages of succession planning?
● Ensure your hard work and success benefits your loved ones
● Protect all you have worked for from being gambled away when you are gone
● Avoid unclaimed assets
● Provide for our own elderly care if you are disabled before you die
● Provide for the transfer and continuation of your business once you are gone
● Reduce taxes and court costs and unnecessary legal fees

But… I am not retired
Then again, who said succession planning is for the retired folks only? This is not just for the senior members of society as most people like to imagine. Anyone of us could go at any moment from now and this is the uncertainty of life worth planning ahead for. It is therefore better for you and your benefactors if you quit procrastinating and start making plans on how what you own could benefit them. Even though you feel like you are too young to die just like the majority of us do, it is a reality that young people die every day. It is up to you to make sure your monies do not remain unclaimed in the event of your death. The video below, although old yet the points still relevant, explains the definition of one portion of estate planning- Trust.

Too many people don’t plan
Matters of one’s death are sensitive –no wonder we seldom talk about it. Most people don’t even have to think about estate planning and so when it happens –that is “when” and not “if” –it is their families that are left picking up the pieces and often needing more glue than they can afford. You will be surprised by the number of people with enormous wealth and no will left behind.
Finally, if you insist on this fallacy that you will live forever, you will most likely leave no will behind either. So what happens to your estate when you are not around anymore? The state takes over and divides it up according to the law. You may not like it but you only chance to appeal is now –or theirs is inevitable.…

Legal blogs are also called “blawgs,” and they have recently gained a lot of popularity on the internet. Despite the huge popularity of legal blogs on the web, many are still apprehensive about the right procedure for creating a successful legal blog. What is the procedure for creating a successful legal blog that stands out from the blogs created by others? The web tools available in the present times have made it easier for people to create blogs on almost all topics. Individuals into creating legal blogs do not require advanced HTML knowledge or web design skills or a huge amount of money for starting their blogs. Some tips for launching a successful legal blog include:

  • First of all, you need to identify the clients that you are looking to serve and the type of service that you will be providing. Always remember that the top blogs focus on a specific legal practice area and not on firm brands.
  • Next, you need to identify your target audience. While prospective clients are significant, amplifiers and influencers are more significant. Engaging association leaders, reporters, publishers, leading bloggers and conference coordinators will help you in gaining visibility.
  • Try to listen carefully. Listening to the things that are being shared and written on the internet will help you in developing good content. Listening to and sharing everything that you want to say will help you in earning goo attention.
  • Always keep one thing in mind, and that is the fact that blogging is about networking and not marketing. Use your legal blog for introducing yourself.These tips will probably help you in coming up with the best and the most successful legal blog.

There are large scale advantages of starting a legal blog especially for the legal businesses and for finding local law firms that are new into the field of taking up legal cases and offering the best of legal services. Legal blogging helps a legal business or law firm in growing its chances of getting discovered by way of online searches. Legal blogs help in building trust with the readers. Legal blogs help legal professionals in positioning themselves in the form of authority in the industry for legal services. Legal blogs have an instrumental role to play in the initial staging of a legal business or a law firm in the industry.

How About Hiring The Services Of Legal Blog Writers?

If you are a lawyer or you operate a law firm or business, then it is necessary for you to have a legal blog. This is because your legal blog will help you in connecting with your target audience. However, if you do not possess the skills needed for writing a good quality and informative legal blog, then you must consider taking the services of legal blog writers. This is because a blog on almost any subject can never be successful if it does not have proper writing talent behind its creation.

Choosing The Right Legal Blog Writer

 You cannot just go about hiring any blog writer. You are working within a niche industry, and therefore you need to come up with factually accurate, thorough and useful blogs on legal topics. This requires hiring the legal blog writing services of experts operating in this field. Choosing the best legal blog writer will help you in gaining huge visibility on the internet.