Legacy Planning Brief Background Family Profile / Situation Recently, I assisted a 70-year-old semi-retiree with his estate planning. Like many individuals entering retirement, he had accumulated assets over a lifetime of hard work. These included savings in bank accounts, an HDB property, CPF monies, insurance policies, and other personal assets. His primary concern was not how much he owned. His concern was whether everything would be properly organised and whether his love

Estate planning for blended family is not about excluding people. It is about ensuring that one's wishes are clearly documented so that the people you care about understand your intentions and unnecessary disputes can be minimised. Gathering Brief Background Recently, I assisted a gentleman in preparing his Will. Like many people, his life journey had taken different paths over the ye

While every family is different, there are cases where; Parent and child jointly apply for a HDB BTO because they genuinely intend to live together. Child later enters a serious relationship. The new partner influences future housing decisions. The child decides to withdraw from the existing BTO arrangement. The parent faces uncertainty. The issue becomes a family relationship and estate planning problem Brief Background A mother in her late 40

High blood pressure is often called a "silent killer" because many people continue with their daily lives without experiencing very obvious symptoms. Even when some people do know they have high blood pressure, they feel normal and put off visiting the doctor for further treatment, while it quietly causes damage to organs such as the brain. Explaining Singapore's National Healthcare Schemes Brief Background The husband had a

Many people think estate planning only starts after someone passes on. In reality, estate planning is also about making sure families receive what they are rightfully entitled to. Recovering What Rightfully Belongs to Family Brief Background Family Profile / Situation Recently, I accompanied a client to submit a claim for her late husband's Dependants' Protection Scheme (DPS) benefit. The claim amounted to $70,000. What struck me was that many families may not be aware of ben

A parent may wonder: “Do my children still see me as their mother / father, or only as the owner of assets?” “Did I raise them wrongly?” Seeing children argue over money, property, or inheritance can feel like years of sacrifice are being forgotten. Without structure, misunderstandings can grow. Explaining the Details of the Will Brief Background A widowed mother, in her late years had three children. O

Estate planning is often seen as a daunting task, something that many people put off until it feels absolutely necessary. However, the truth is that having a comprehensive estate plan is crucial for protecting your family and ensuring that your wishes are honored after you pass away. This is a conflict control estate planning case. Eye-Witnesses Present during Signing of Will Brief Background Family Profile / Situation A landed house stood for many years, probably around 20 y

Estate planning is a crucial process that ensures your assets are distributed according to your wishes after your passing. It can seem overwhelming, but breaking it down into manageable steps can simplify the process. In this case, the person making the Will, have a former and present family, which he wants his distribution of assets to be clear. Family Photo Brief Background What he owned the present - The man had married early, had children. Over time, the marriage

Wealth preservation is a crucial aspect of financial planning that often gets overlooked until it’s too late. Estate planning is not just about drafting a will; it’s about ensuring that your assets are protected and passed on according to your wishes. In this case, insurance policies are also used to cover gaps. Briefing Witnesses for the Will Brief Background The Gift He Gave Before He Left Mr Chia was not