Many people are not aware of what Estate Planning is all about. It is a vital aspect of financial planning that applies to everyone with assets, regardless of amount of wealth.
It is common for medical practitioners to expand their clinic practice by roping in other doctors from the same or different fields. Let’s look at the factors that can affect the decision-making process.
A deferred compensation plan withholds a portion of an employee’s pay until a specified date, usually retirement, where the lump sum is paid out on that date. Examples include pensions, retirement plans and employee stock options.
Let us look at the types of business setups commonly found in Singapore, and how a business succession plan can help you maximise your company’s value and strategies.