Picture this. One day, you’re unable to make the crucial life decisions that shape your future, from managing your finances to selecting your healthcare. Sounds scary, right? Let’s
- Home
- |
- Tag: Nomination of Beneficiaries
Picture this. One day, you’re unable to make the crucial life decisions that shape your future, from managing your finances to selecting your healthcare. Sounds scary, right? Let’s
Picture this: you’ve worked hard your entire life, accumulating assets and building a legacy. But what if, upon your passing, certain assets are left out of the will?
Have you ever watched Korean drama “Shining inheritance”? In the show, Go Eun-sung’s father died from a gas explosion. However, her stepmother took the life insurance money and moved out
If you have made will, you know the importance of making your asset distribution clear so no confusion for your family members. But have you made an insurance
In conjunction with the implementation of the new legal provisions in the Insurance Act on beneficiary nominations, the Life Insurance Association Singapore (LIA) issued a consumer guide, Your
Investment proceeds under CPF Investment Scheme (CPFIS) are not covered under the CPF nomination.  If you pass away, your investments under the CPFIS and any cash held in his
In my recent article How will your CPF savings be distributed if you are no longer around, I explained that if you pass away without proper Nomination, your
If you pass away without CPF Nomination, your CPF savings (Ordinary, Special, Medisave, and Retirement Accounts) will be transferred to the Public Trustee for distribution to your family
When Madam Lim Lye Kiang sought to claim the $102,000 from CPF which her late sister had left her, she would never have expected that the CPF Board
With the onset of the Mental Capacity Act (“MCA”) coming into effect on 1st March 2010, the Insurance (Nomination of Beneficiaries) Regulations 2009 (“the Regulations”) will be amended