Welcome to our Frequently Asked Questions
Find answers to your common questions on Wills, Trust & about us here ...
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II. Questions on Trust |III. Questions on Wills vs Trust |IV. Questions on Generations-ASIA & its services
I. Questions on Wills
Q1. Is writing an online Will legal and valid without having to meet up with your representative in person? [click to close]
Q2. Must a Will written by Generations-ASIA be required to be witnessed by your representatives to be valid? [click to close]
Q3. How will my beneficiaries and next of kin know that I have written a Will under Generations-ASIA? I am worried that they may not know that I have written a Will with you. [click to close]
Q4. Do you keep records of all the Wills written? [click to close]
Q5. If we require Wills written by Generations-ASIA to be destroyed or deleted for your privacy and confidentiality reasons, is this possible? [click to close]
II. Questions on Trust
Q1. Can a Settlor of a Trust also be its Trustee? [click to close]
Q2. Can a Settlor of a Trust also be a beneficiary of his/her own trust? [click to close]
Q3. You promote and offer setup for trust using individual trustees. How is this different from trust that use Corporate Trustees? [click to close]
Q4. If I agree to become the first individual trustee of the Trust, do I still need to transfer the trust asset to the Trust? [click to close]
Q5. I heard if you do not appoint a corporate trustee, there is no point in setting a trust as a non-professional person like myself will not know what to do as an individual trustee. Is this correct? [click to close]
III. Questions on Wills vs Trust
Q1. What are the benefits of setting up a trust for my assets instead of writing a Will? [click to close]
Q2. What is the difference between a trustee and an executor? [click to close]
Q3. So why then is an executor also referred to as the "Executor and Trustee" in a Will? [click to close]
IV. Questions on Generations-ASIA & its services
Q1. Why do you offer to write Wills and set up Trust online instead of on-site like what other legacy planning companies do? [click to close]
Q2. How do your services compare with other legacy planning companies? [click to close]
Q3. Does Generations-ASIA provide Will custody services? [click to close]
Q4. What is the difference between your Will writing services and the DIY-Templates in your Exclusive Services section? [click to close]
Q5. Is Generations-ASIA a corporate trustee or offering corporate trustee services? [click to close]
Q6. Does your consultancy provide financial planning services? [click to close]
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