Estate (& Legacy) Planning in Singapore: The Beginner’s Guide

estate planning 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

FinSnap: Taking a Snapshot of Your Personal Finances (Free Template)

finsnap

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)

Setting up a Trust in Singapore: An Introductory Guide

setting up a trust singapore

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:

  • what is a trust
  • important features of a trust
  • specific situations where it can be useful
  • most common types of trusts in Singapore
  • .. and more.

The content is created to be as simple as possible.

So, read on!

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Will Writing in Singapore: The Ultimate Guide

will writing singapore

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:

  • what happens if you die without a Will (and if you have one)
  • how you can tailor the distribution
  • important pointers
  • .. and more

So, read on!

Read moreWill Writing in Singapore: The Ultimate Guide

What Happens If You Die Without a Will in Singapore

dying with a will singapore

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:

  • An overview of the process
  • What happens to your assets (CPF, HDB, Bank accounts, etc) after death
  • How they will be distributed
  • The disadvantages of not having a Will
  • .. and more

So, read on!

Read moreWhat Happens If You Die Without a Will in Singapore