Estate planning is an essential component of both life and wealth planning that is often overlooked. Neglecting this critical aspect can lead to dire consequences, leaving loved ones with unnecessary burdens and financial challenges.
In this episode, our Head of Solutions, Eddy Cheong shares the three key areas of estate planning – Distribution, Creation and Preservation, as well as considerations when crafting your estate plan so that the transfer of your estate, upon your unfortunate demise, can be transferred to your intended recipients without any unnecessary delay or unexpected situations that may complicate the entire distribution process.
Meanwhile, stay tune for our next episode where we share wealth planning tips for the sandwich generation!
The host, Isaac Ong, is Associate Adviser at Providend, Singapore’s First Fee-Only Wealth Advisory Firm.
View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-2/