PCS Vision

Can you provide information on the current rate of will contests in courts? Additionally, what strategies can be employed to minimize the chances of conflicts that may require extensive legal resources and time to resolve?

Issue 5 | December 2023

What percentage of wills are being contested in courts? More than 50% according to research by the University of Queensland, Australia.  That’s an astounding number of disgruntled siblings across the world if we were to extrapolate the findings. So, how do you strategically reduce the likelihood of conflict that could take years and teams of lawyers to resolve? Estate equalization. PCS by Mercer Director, Kei Yee Mok explains the solution and how it can be used in a case study.

Also in this issue, we highlight how we help a client in the People’s Republic of China to secure a jumbo life insurance solution that combines her existing policy as well as additional onshore and offshore coverage – to safeguard her family’s global lifestyle in the long term.

**This document has been prepared by [Private Client Services by Mercer Limited (PCS)] and the information or concepts illustrated in this presentation is for reference only. The information contained in this document does not purport to show actual projections or results. It is not, and should not be regarded as investment advice or as a recommendation regarding any particular product. Opinions expressed herein are current opinions as of the date appearing in this material only and are subject to change at any time without notice. In the event any of the assumptions used do not prove to be true or underlying investment rationale has changed, results are likely to vary substantially. All investments entail risks.  PCS does not purport to and does not in any manner, provide tax or legal advice in respect of insurance products issued in any jurisdiction and by any insurers. You should consult your advisors with respect to these areas.

This advertisement has not been reviewed by the Monetary Authority of Singapore.