The "LAW" Philosophy
Legacy Protection, Asset Protection, Wealth Preservation
UBB Amanah is committed to assisting clients with protecting their legacy by establishing their estate planning goals, creating a lasting legacy that will help ease the burden on their loved ones when they need it the most.
Protect your assets before you know of any ascertainable creditors.
Understanding your liabilities and mitigating a potential creditor’s access to them can avoid hassles in the long run and keep those assets in your hands.
Estate planning not only involves planning for the distribution of financial assets, but protects all other personal assets that help maintain financial security.
With proper strategy and plans in place, your family can feel secured about their long term financial future.
Build a Lasting Legacy by
Setting Up Your Successors for Success
Succession planning is about devising a strategy to ensure that the owner’s assets passes on to the right people at the right time, and that the right controls are in place when that happens.
Clear timelines for succession are great to identify the amount of time required to train a successor for a smooth transition.
As some successors require more time than others to get a handle on the role and requirements, setting realistic timelines helps set up successors for success and maintain the longevity of the business.
Clarity For The Future
A well-defined succession plan sets out clear expectations and roles for all family and non-family members in the business.
This reduces the potential for future conflicts, as the succession process brings to light any sources of contention or ambiguity.
Estate planning will help reduce tax on death, defer tax as late as possible and provide certainty of tax to allow for pending life insurance.
This can protect the company’s assets and identify tactics required to meet the unique needs and circumstances of the business.
When It's Time To
Starting the succession planning journey early on provides you with the knowledge that allows you to drive the exit process and determine what’s best for the future of the business.
As you formulate your exit strategy, you’ll be in a better position to let the business thrive for generations to come.
LIFE IS UNPREDICTABLE
Plane disappearances and crashes, tsunamis, earth quakes, epidemics, terrorism, recessions, theft, job losses and more. We have seen them all and we know these things are happening all the time. But how prepared are we to protect ourselves against all of life’s surprises? What have we planned for the ones we love should anything happen to us? Will their lives be affected if the bread-earner is no more? Though situations such as these occur without notice, you can be prepared to handle their financial implications by creating a UBB CASH TRUST today.