One component of a legacy plan that is frequently neglected is CPF funds. Many people don’t realize that these CPF assets would be distributed according to intestacy rules or the Muslim Inheritance Certificate instead of their will because CPF funds are not considered part of the estate. However, this distribution may not fit your preferences …
While a traditional will may outline how to distribute your material possessions, have you thought about passing on your values, beliefs, and life lessons? The concept of an ethical will has been around for centuries, dating back to biblical times when patriarchs would pass on their wisdom to their descendants. In modern times, an ethical …
Creating An Ethical Will: Passing On Your Values And Beliefs to Future Generations Read More »
As a business owner, you’ve poured your heart, soul, and countless hours into building a successful company. But have you considered what will happen to your business when you’re no longer at the helm? Legacy planning is a crucial part of ensuring your company’s continuity and success in the future. It includes succession planning and …
Legacy Planning for Business Owners: Succession Planning And More Read More »
Are you looking for a way to leave a lasting impact on causes and organizations that matter to you? Donating to charity as part of your legacy plan could be the perfect solution. By including charitable giving in your estate plan, you can continue supporting the causes you care about even after you’re gone. In …
Donating To Charity As Part of Your Legacy: Benefits And Considerations Read More »
Have you ever wondered about the best way to distribute wealth? It’s a question that has been debated for centuries, and understandably so. The way we distribute wealth can have a significant impact on individuals, communities, and even entire nations. That’s why we’ve decided to explore this topic further in today’s blog post. We’ll be …
When we think of estate planning, we often associate it with the wealthy or the elderly. However, the truth is that estate planning is not just for a certain demographic. Regardless of your age, income level, or family situation, having an estate plan is important to ensure that your wishes are carried out in the …
The Central Provident Fund (CPF) is a mandatory savings system in Singapore that aims to provide for retirement, healthcare, and housing needs. It’s a fantastic program that has helped many Singaporeans secure their financial future. However, there’s one critical aspect of CPF that often goes overlooked or forgotten – CPF nomination. CPF nomination is the …
Estate planning is an essential part of financial planning that can help you protect and distribute your assets according to your wishes. However, many people neglect this crucial aspect of financial planning, and their families and loved ones are left with significant problems when they die. In the absence of an estate plan, laws come …
Intestacy: What Happens If You Don’t Have An Estate Plan? Read More »
When it comes to deciding between renting or owning a home, you’re faced with one of life’s biggest decisions. Whether you are just entering the housing market or looking to upgrade, you may be wondering if renting or owning a home is the right choice for you. There are advantages and disadvantages to both options …
The Advantages and Disadvantages of Renting vs. Owning a Home Read More »
When unexpected things happen, having an AMD can provide peace of mind and ensure that your wishes are honored. An AMD allows you to dictate, ahead of time, how you want to be treated medically, from who can make decisions for you when you are unable to do so yourself to if you would like …
