Estate Planning is the meaning of Wealth Distribution, which transfer our wealth to our beneficiary.
Our estate can be distributed according to our wishes in a WILL or setting up a trust with our instructions. Somehow, it can be unsuccessfully distributed even with a WILL!  WHY?

When we are young, we do some savings & investments in order to earn more. For example, we invest to our first property for own stay, subsequent properties for rental income, share market, unit trust and etc. Why a list of investments are created can still make distribution unsuccessful?  WHY?
 
# 3 main reason will make Wealth Distribution to be failed.
It can be many different scenario & reason to cause Distribution Fail. Let’s look into the 3 main reasons below:

1. When Wealth created meanwhile debts are created too!!
Housing loan  – Properties
Personal loan – Business / Investments
Credit Card     – Living expenses / emergency
Car loan           – for vehicle

2. Wealth not Protection
Insurance is the most important tool to protect all the wealth & investment we created, example 500k debts required 500k life cover. If the property is with bank loan and it is without any protection (MRTA/MLTA), the estate is not transferable to the beneficiary without loan settlement. As such, if beneficiary cannot continue to pay anymore, then the property will taking away by the Bank for LELONG !

3. Minor child on risk
Minor child without trust set up, is a high risk on distribution. Estate will transfer to guardian to hold until minor child age of 18 years old. So, who can guarantee nothing will happen to the guardian during the years? If unforeseen happened, then the distribution is fail.
 
All above are common reasons cause the “Fail of Distribution”, so meaning Fail of Investment ! Wealth distribution is a very important planning and plan now to make your investment become successful.