Some people have the misconception that they are too young to make a will or that it may bring bad luck upon creation. However, estate planning also takes lots of time and consideration; and it is a more complicated process than one may expect. If you leave it until it's too late, your loved ones would have to struggle to deal with getting your final affairs arranged properly while grieving for you.
From what is estate planning to the various factors that goes into such an undertaking, we lay it all out for you.
Estate Planning
Estate planning sorts out how you would want your money, assets, and estate to be distributed after you die. It is to make sure that the the money you leave behind get into the right people's hands. However, despite the importance of estate planning, only 10 to 15 per cent of the Singapore population have made a will....