Personal Finance
Anyone keen on talk on “What should you do when you have children born of the failed marriage?"
By Wilfred Ling, The IFA on Duty  •  February 20, 2012
Written by Wilfred Ling  Sunday, 19 February 2012 Occasionally I come across cases of failed marriages. It is critical that they must start to do an estate plan. This is important when the person has children born of previous marriage. Complexity is increased if they remarry and have children born of the new marriages. The following lists down the level of family issues and complexity in an increasing order:
  1. Divorced with a child/children of previous marriage and remains as a single parent.
  2. Divorced with a child/children of previous marriage and remarry.
  3. Divorced with a child/children of previous marriage and remarry and has child/children of the new marriage.
  4. Divorced with a child/children of previous marriage and remarry to someone who was a divorcee with child/children also born of the previous marriage.
  5. Divorced with a child/children of previous marriage and remarry to someone who was a divorcee with child/children also born ...
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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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