The Estate Plan Off the Shelf

• Heir Number One: The Government

  • Its share: 20% of every peso in excess of 10 million

• Heir Number Two: Your Service Providers

  • Lawyers, Accountants, Etc.
  • Their share: ?

• The Last Heir : Your Relatives

  • Their shares: The River Principle
    • Blood, rather than love
    • Proximity by degree, regardless of closeness
    • Equality, irrespective of need or capacity