Draft a will: A will is a legal document that specifies how your assets and properties will be distributed after your death. It is important to have a will to ensure that your wishes are carried out after your death. It is important to ensure that your will is valid, and you can seek the assistance of a qualified estate lawyer to help you draft it.

Designate beneficiaries: Well-off Filipino moms can designate beneficiaries for their assets and properties to ensure that they are transferred to the intended recipients. This can be done through a trust or a payable-on-death (POD) account.

Establish trusts: Trusts are an effective way to transfer assets and properties to beneficiaries. It can help ensure that assets are managed and distributed according to the grantor’s wishes.

Plan for incapacity: It is also important to plan for incapacity. A durable power of attorney and a healthcare proxy can ensure that your wishes are carried out if you become incapacitated.

Consider tax implications: Estate planning can also help minimize tax implications for your beneficiaries. You can seek the advice of a financial advisor or a lawyer to help you plan for estate taxes.

Review and update regularly: Finally, it is important to review and update your estate plan regularly to ensure that it reflects your current situation and any changes that may have occurred in your life.