Personal Finance
Question on Will and Testament
By Wilfred Ling, The IFA on Duty  •  October 17, 2011
Bookmark and Share Question: “I am the only child of my mother and my father is no longer with us. My mother is currently bedridden. I am married with no children. I intend to write a will to give all my property to my mother and my wife in equal shares. However, in the event that my mother shall predecease my wife, I would like the remaining of my given shares to be given to my wife. How shall I articulate the will? - Max” (The above question was posted by someone on this website HERE but it did not receive a proper reply because it was thought that the question is a legal question. Actually, it is a financial planning question. Here is my two cents' worth reply.) Answer: Dear Max, A few considerations are required here. As your mother is bedridden, she may not have the mental capacity to manage ......
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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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