The article discusses the One Person Corporation (OPC) in the Philippines, highlighting its benefits such as limited liability protection, simplified management, and estate planning advantages for real estate consolidation. It also addresses potential drawbacks like access to capital and personal liability risks, while emphasizing the importance of strategic succession planning and professional guidance.
Tag Archives: probate
Cultivating Your Legacy: Understanding Probate and the Role of Wills in Estate Planning
Executing a will may be a part of the estate planning process. But it is likewise important to consider ways to avoid the probate process, such as revocable living trusts, gifting, and beneficiary designations.
Is Estate Planning for Rich People Only?
It is never too early to start estate planning, regardless of one’s level of wealth. In fact, the earlier one starts, the more time they have to develop a comprehensive plan that aligns with their changing circumstances and goals.
Realttorney® 