If you’re a high net worth individual, you might’ve heard about the universal life insurance.
It’s generally more complex than the regular insurance plans, and it’s not that straightforward.
But it could be something to consider if you’re looking to maximise the wealth you’ve accumulated and leave a legacy.
So, read on!
Read moreUniversal Life Insurance Plans in Singapore: Ultimate Guide (2020)
How do we benefit ourselves, our children, and our grandchildren with a single plan?
A 3-generation lifetime income insurance plan.
It’s one type of plan that can have a strong impact on the people around you – enabling them to do more even when you’re not around anymore.
Read on to find out more!
Read more3G Lifetime Income Insurance Plans in Singapore: Ultimate Guide (2020)
Heard about Advance Care Planning (ACP) in Singapore?
You should.
Because it’s for everyone, and not just the weak and old.
It’s meant to plan for future healthcare needs, but it’s much more than that.
In this article, I talk about ACP in a broader view.
So, read on!
Read moreAdvance Care Planning (ACP) in Singapore: An Introductory Guide
The Lasting Power of Attorney (LPA) is such a powerful instrument.
If you lose mental capacity and you don’t have an LPA, it’s going to cost your family time and money.
But with this simple document, obstacles are eliminated. And it’s affordable to make one.
Here’s all you need to know about making a Lasting Power of Attorney (LPA) in Singapore.
So, read on!
Read moreUnderstanding Lasting Power of Attorney (LPA) in Singapore
Estate planning is often an afterthought.
Most of us tend to focus on how to make more money, but we don’t think about what happens to that money when we die.
Sure, we earn money to make our lives better, but it’s also for our loved ones.
If you don’t get the basics of estate planning done right, your money may not go to the intended parties when you’re not around anymore.
So, read on to find out more about estate planning in Singapore!
Read moreEstate (& Legacy) Planning in Singapore: The Beginner’s Guide
If you don’t make the necessary arrangements, some of your assets might never be accounted for when you’re not around anymore.
These include your CPF monies, insurance proceeds, and other assets you may have.
Here are 6 statistics on unclaimed and un-nominated assets in Singapore.
Hopefully, it’ll open your eyes and do something about it.
So, read on!
Read more6 Statistics on Unclaimed & Un-Nominated Assets in Singapore
Reminder: There comes a time when all lives will end. And when that time comes, it might be too late.
Tracking your personal finances may seem boring, but it has a greater meaning behind it.
What happens when you die or become mentally incapacitated?
Critical information might be forever gone.
That’s why taking a snapshot of your personal finances (FinSnap) is one way to keep track AND sakekeep it.
Here’s a free google sheets/excel template you can download.
Not convinced why it’s important?
Read the short story below..
Read moreFinSnap: Taking a Snapshot of Your Personal Finances (Free Template)
Have you heard of trusts?
(No, not the one between two people. The financial kind..)
Most would think that a trust is only for the ultra-rich. But it can also be relevant to retail individuals.
How is that possible? Because of the different types of trusts available.
Today, I’ll touch on:
The content is created to be as simple as possible.
So, read on!
Read moreSetting up a Trust in Singapore: An Introductory Guide
Most of us care more about what happens when we’re alive rather than when we’re dead.
But even if you’ve set aside assets or bought life insurance policies for the sake of your loved ones, your job is not fully done.
The Will may be the final piece to the puzzle.
You don’t want the law to decide who shall receive your assets, right?
In this guide, I’ll touch on:
So, read on!
The topic of dying is not often talked about, much less dying without a Will in Singapore.
It’s easily neglected because you’ll never be the one who experiences it.
But if you do care about your loved ones, it‘s something to pay attention to because they will face obstacles.
In this article, I’ll cover:
So, read on!
Read moreWhat Happens If You Die Without a Will in Singapore