Personal Finance
Question on Will writing obstacle VIII (cannot afford the fee)
By Wilfred Ling, The IFA on Duty  •  June 21, 2011
Bookmark and Share Question: “I am not writing my Will because I cannot afford the fee. It may be subject to many revisions and hence incur costs." Answer: Why is it that all household have a television set regardless of how poor they are? Why is it that people has no hesitation to spent money on traveling? Why is it that people has no hesitation to invest in the stock market only to lose it all? Why is it that people has no hesitation to subscribe to a 3G mobile line when the annual subscription fee is enough to write a Will every year? Thus, it is a matter of priorities as there is no such thing as unable to afford the legal fee. Moreover, it is better to consider the cost of not having a Will. What is for sure is that the cost will be born by your survivors. Such ......
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By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
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