It is imperative to learn and comprehend correctly the provision of laws pertaining to Estate Planning. The will, donation, or sale is an Estate Planning Tool. First, the Notarial Will (NW) is executed in a language or dialect known to the "testator" (person who made the will). The sale of CA is tax at 6 percent CGT (Capital Gains Tax) with 1.5 percent DST. The sale of OA is tax at 1.5 to 6 percent of the selling price.

Source: Manila Times September 18, 2021 13:18 UTC