MANDEVILLE, Manchester — Chairman of financial institution MoneyMasters Limited, Dunbar McFarlane, is urging Jamaicans to make a will in order to protect those they would want to be beneficiaries of their estate after death.

A will is a legal document which contains a person’s wishes on how his/her property should be disposed of after their passing.

“It does not cost you anything to make a will,” McFarlane told a recent forum in Mandeville.

He also sought to dismiss popular beliefs such as that those who make a will are likely to die soon.

McFarlane was speaking at another of MoneyMasters stops across the island to promote two investment products — the MoneyBuilder Fund and the Growth Fund.

President of MoneyMasters Claudette Crooks said that the minimum investment to be a part of the MoneyBuilder Fund is US$100 while the Growth Fund is J$50,000 or its equivalent in US currency.

The former is said to provide competitive growth and liquidity to investors and the primary objective of the latter is for long-term aggressive growth of capital from bonds.

http://www.jamaicaobserver.com/news/-make-a-will-jamaicans-urged_145038