Business Bermuda seminar focuses on will writing
Writing your will and estate planning was the focus for attendees of Business Bermuda's first in a six-part series of luncheon seminars held yesterday.
Rajah Abusrewil, trust and estates attorney at Trott & Duncan, gave those present an overview of what individuals need to know about estate planning, covering everything from writing a will, choosing appropriate executors and/or guardians of underage children to deciding on burial or cremation.
The aim of the talk was to guide attendees through the necessary steps to achieve peace of mind and control over their estate.
Those who attended said the seminar had given them a lot of food for thought, with a number of interesting tips and advice being provided from the need to have a will witnessed by two people, without being required to have it notarised in Bermuda, to indicate your primary family homestead in your will if you own two homes, and the fact that if your property is in trust you cannot include it in your will because technically you do not own it.
Two attendees, Punam Jolly Romeo and Lorraine Darrell, won the event's doorprize, a personal consultation with Ms Abrusrewil to address their own, individual estate planning needs.
Chair of the Business Bermuda local awareness committee, Cynthia Wright, said: "We are looking forward to continuing on with the next five luncheon seminars. Based on the success of this event, I urge the public to visit the Business Bermuda website to view the topics and make their registrations early.
"We have planned this complimentary, luncheon seminar series to appeal to a wide cross-section of the community. We are confident that the wide series of topics will be attractive to many."
Anyone interested in signing up for future seminars, the next of which is entitled 'Alternative Energy Options for Everyone: What's in It For You?', can contact 292-0632 or visit the website at www.bermudabusiness.org/lunch