JER discusses family wealth planning


Tax principal Atty. Jules Riego (JER) recently spoke at a forum titled A Primer on Estate Planning Tools and Solutions at Casino Español in Cebu City. Sponsored by the Mandaue Chamber of Commerce, the forum aimed to educate its participants on family wealth management to avoid family disputes and tax problems.

Jules discussed family wealth planning tools with life insurance as the most viable, practical and effective instrument as it addresses liquidity problems normally encountered in a settlement case, and enables the client to save on estate taxes. In addition, it educates the public, making them more conscious about setting aside money and growing their assets.