• Drawing up a will is not a death warrant; it gives you control over your legacy, ensures that your loved ones are taken care of and helps avoid confusion and potential conflicts among beneficiaries.
• Being a next of kin does not automatically guarantee inheritance from an estate.  You must be specifically mentioned as a beneficiary in the deceased’s will to be eligible.
• Assets are not limited to money alone, it could include real estate, Investments (such as stocks, bonds, mutual funds), Intellectual property (patents, copyrights, trademarks), Retirement savings accounts, Personal belongings, etc. A comprehensive estate plan ensures that all your assets are accounted for and distributed according to your wishes. 
• Select an executor or administrator with a proven track record of excellence and transparency. The executor/administrator is responsible for carrying out the instructions in your will. Consider selecting a professional executor, who can provide expert guidance and ensure that your estate is managed efficiently.
• Develop a comprehensive estate plan that includes a will, trusts (such as education trust for your children or beneficiaries) medical power of attorney etc, and other relevant documents.  A well-structured estate plan can help minimize legal complexities and ensure that your wishes are carried out.
• Be Intentional about life and growing your assets which can provide greater financial security for your beneficiaries. Take advantage of various strategies for growing your assets, such as saving, investing, and reducing debt.
• Clearly plan and outline how the assets will be distributed amongst beneficiaries. If you have minor children, consider creating a trust to manage their inheritance until they reach adulthood.
• Exploring the benefits of trusts gives you a wholistic view of your assets, protects your assets from creditors and lawsuits, keeps your affairs private, avoids probate which could be a time-consuming and costly legal process, and prevents disagreements among beneficiaries.
• For business owners, a business succession plan makes provision for ownership and management upon demise. A well-crafted plan ensures a seamless transition and sustainability of the business. 

The webinar featured  other experts from Africa Prudential such as Joseph Jibunoh, <Company Secretary, Africa Prudential Plc; Temitope Aiwerioba, Head of Operations, Africa Prudential Plc; and Muritala Afolabi:Regional Operations (PH), Africa Prudential Plc.