Free Training · Estate Planning

The 3 Mistakes Filipino Families Make
in Estate Planning — and How to Fix Them

Most families don't plan to fail. They just don't plan. Watch this free training and learn what wealthy Filipino families do differently.

What You'll Discover

The 3 Estate Planning Mistakes
That Destroy Family Wealth

01

Ignoring Estate Taxes

Most Filipino families are completely blindsided by estate tax when a loved one passes. The estate cannot be transferred, sold, or accessed until the taxes are settled — and if the family doesn't have liquidity, they may be forced to sell assets at the worst possible time, at the worst possible price. Estate tax is not optional. It is not negotiable. And it does not wait for grief to pass.

The Fix: Proper estate tax planning — including life insurance-funded liquidity — ensures your family can settle obligations without being forced to dismantle what you built.
02

No Written Instructions

A verbal agreement between family members is not an estate plan. Neither is a shared understanding, a handshake, or a promise made over dinner. When there is no will, no trust, no documented plan — the law decides who gets what. Compulsory heirs, intestate succession rules, and court proceedings take over. The family spends years — sometimes decades — in dispute over assets that were always meant to stay in the family.

The Fix: A properly executed will, trust, or family property agreement that captures your exact intentions — in writing, legally binding, and clearly communicated to your heirs.
03

Relying Only on Love and Good Intentions

Filipino families are close — and that closeness can create a false sense of security. "We would never fight over money." "My children know what I want." "We trust each other completely." But love is not a legal document. Good intentions do not transfer property. And family harmony, however genuine, does not survive ambiguity when there is significant wealth involved and no clear plan in place. The families that break apart after a death are rarely the ones that didn't love each other. They are the ones that never had the conversation.

The Fix: Have the conversation now — while everyone is well, while relationships are strong, and while you still have full control over the outcome. That conversation starts with a plan.
70%
Of family wealth lost
by the third generation
Up to
$2M
In estate created
for your family
JD

Jerica David

Certified Estate Planner · Private Wealth & Legacy Advisor

Jerica works with Filipino families who have built something worth protecting — and who want to make sure it reaches the next generation intact. Her work goes beyond policies and paperwork: she helps families have the conversations that prevent conflict, prepare their heirs, and turn accumulated wealth into a lasting legacy.

Ready to Protect
What You've Built?

Book a private, no-obligation consultation. We'll identify your biggest estate planning gaps and map a clear path forward — in one conversation.

Book a Private Consultation    Download Free Workbook