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[Talk] Joint Assets vs Non-Joint Assets in the event of Death

Bequest Talk on Joint Assets vs Non Joint Assets in the event of Death

How does sole ownership and joint ownership affect the way assets are distributed after our death?

Most of us hold our assets in one of two main ways: either sole, or in some form of co-ownership structure. In most co-ownership situations, the method of holding assets is joint ownership. This applies mostly to joint bank accounts and property.

For example, do you know the difference between joint tenancy and tenancy-in-common with regards to property ownership? Do you know in which of the two is your property held?

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[Talk] How is Property handled in the event of Death?

Bequest talk - What happens to my Property if I die

What happens to my property if I die?

Property is the single biggest purchase most Singaporeans will make in their lifetime. What will happen to your property when you die? A first HDB flat, an investment residential apartment or a commercial B2 ramp-up industrial unit—these are all subject to various laws and regulations that you must be familiar with.

Upon death, property may be treated differently depending on certain factors. Ownership structure, type of property (HDB or private) and subsequent disposal or management decisions made on the property by the beneficiaries or trustees all affect how one should dispose of one’s property after one’s passing.
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[Talk] Making your Will & LPA: if you are LGBT

Bequest Will & LPA talk for LGBT Aug

Will & Lasting Power Attorney (LPA) talk for all who are in the LGBT community and/or identify as queer

If you’re single, who receives your Estate when you pass away?

If you’re in a relationship, would you like your partner to legally receive your personal assets if something were to happen to you? (bank accounts, insurance, investments, personal items, etc…)

How will your joint assets be legally dealt with? The one on most people’s minds—property.

If you have biological children, are you familiar with matters regarding legal guardianship?

If you’re single, who will step forward to take care of your personal matters if you lose mental capacity?

In the event you’re not mentally able to make your own decisions on medical bills, insurance, CPF, property, etc, would you like enable someone to legally help you with such matters?

Should you appoint your partner as the primary Donee in your Lasting Power of Attorney (LPA)?

(more…)

[Talk] Making your Will & LPA: if you are Divorced

Bequest Will & LPA talk if you're divorced July

Will & Lasting Power Attorney (LPA) talk for all who are divorced

If you made a Will before you were divorced, is the Will still valid?

If you have children, are you concerned with your ex-spouse “touching” the inheritance you wish to leave them?

If you currently have custody of your children, will your ex-spouse automatically gain custody and be their legal guardian if something happens to you?

Who will step forward to take care of your personal matters if you lose mental capacity?

If you’re divorced and single, do you need to make a Will or Lasting Power of Attorney (LPA)?

In the event you’re not mentally able to make your own decisions on medical bills, insurance, CPF, property, etc, would you like enable someone to legally help you with such matters?

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[Talk] Making your Will & LPA: if you are Single

::: This is the second run of our Will & LPA if you’re Single talk this year. The first one was held in June. If you missed the first one, be sure to buy your tickets for this one. :::

Bequest Will & LPA talk for Singles

Will & Lasting Power Attorney (LPA) talk for all who are single

If you’re single and not previously married, who receives your estate (assets after liabilities) when you pass away?

Does your Executor need to know you’ve written a Will?

If you’re a single parent, are you familiar with matters regarding legal guardianship?

Who will step forward to take care of your personal matters if you lose mental capacity?

If you are not able to make your own decisions on medical bills, insurance, CPF, property, etc, would you like enable someone to help you settle them?

How do you choose a good Donee for your Lasting Power of Attorney (LPA)?

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[Talk] Making your Will & LPA: if you are Married

::: This is the second run of our Will & LPA if you’re Married talk this year. The first one was held in May. If you missed the first one, be sure to buy your tickets for this one. :::

Will & LPA talk if you're married

Will & Lasting Power Attorney (LPA) talk for all who are married

Do you want to ensure your loved ones are duly provided for when you’re not around anymore?

Do you know what you can or cannot include in a Will?

Can you make your will without your spouse? Does your spouse need to know you’ve made a Will?

Should you set up a Trust for your children?

What are the considerations for appointing a Guardian for your children?

Do you need a Lasting Power of Attorney (LPA) if you’re married?

If you have a Will, do you need an LPA?

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Celebrating Mothers & Fathers—special rates for you

Bequest Mothers Day Fathers Day joint promo

In celebration of Mother’s Day in May and Father’s Day in June, we’re offering a very special rate for all moms and dads.

Discounts up to 40% off!

From now till 30th of June, simply key in the promo code ‘MOTHERS DAY‘ or ‘FATHERS DAY‘ in the Remarks box when booking your appointment to receive the discounted rates for both our Will writing and Lasting Power of Attorney (LPA) services. (more…)

[Talk] What is Advance Care Planning?

Advance Care Planning talk Singpore - Bequest Pte Ltd

What is Advance Care Planning?

Taking heed from a government initiative, find out the importance of Advance Care Planning, which includes ensuring your loved ones have access to important things, such as your financial assets, if you’re ever in a medical crisis.

Also, in such times, your loved ones may face undue stress of having to make difficult decisions on your behalf.
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[Talk] Making your Will & LPA: if you are Single

Will writing Singapore talk for singles

Will & Lasting Power Attorney (LPA) talk for all who are single

If you’re single and not previously married, who receives your estate (assets after liabilities) when you pass away?

Does your Executor need to know you’ve written a Will?

If you’re a single parent, are you familiar with matters regarding legal guardianship?

Who will step forward to take care of your personal matters if you lose mental capacity?

If you are not able to make your own decisions on medical bills, insurance, CPF, property, etc, would you like enable someone to help you settle them?

How do you choose a good Donee for your Lasting Power of Attorney (LPA)?

(more…)

[Talk] An Introduction to Estate Planning

Introduction to Estate Planning in Singapore talk

An Introduction to Estate Planning

If you’re thinking of doing your Will & Lasting Power of Attorney (LPA), this talk is for you.

We know what you may be thinking, but no, Estate Planning is not about planning your real estate investments.

The term “Estate Planning” is not that commonly heard in Singapore yet. And we’d like to change that.

Your estate is your net worth at any point in time. It is the sum of a person’s assets – legal rights, interests and entitlements to property of any kind – less all liabilities at that time.

Whether you’re a single go-getter, newlywed with big dreams, or looking to enjoy your retirement with your partner, Estate Planning is an important process that everyone must go through to achieve peace of mind. Making your Will and LPA is only part of the bigger picture, which is Estate Planning. (more…)

[Talk] Making your Will & LPA: if you are Married

::: Due to unforeseen circumstances, the date of the talk has been moved from 9 May to 16 May (the following Tuesday). We apologise for any inconvenience caused. As such, we’ve released more early bird tickets, please join us if you can. :::

Will & LPA talk if you're married

Will & Lasting Power Attorney (LPA) talk for all who are married

Do you want to ensure your loved ones are duly provided for when you’re not around anymore?

Do you know what you can or cannot include in a Will?

Can you make your will without your spouse? Does your spouse need to know you’ve made a Will?

Should you set up a Trust for your children?

What are the considerations for appointing a Guardian for your children?

Do you need a Lasting Power of Attorney (LPA) if you’re married?

If you have a Will, do you need an LPA?

(more…)

Bequest Public Talk Schedule 2017

Public talk on Will LPA Estate Planning Legacy Planning - Bequest Pte Ltd

We are pleased to resume our Public Talk Series, following our Will & Lasting Power of Attorney (LPA) talks in 2016.

This year, we are including a wider range of Estate Planning topics. Wills & LPAs are only parts of the bigger picture when planning one’s estate in its entirety.

Mark your calendars! In order not to miss any updates, sign up on our mailing list to be kept in the loop on the latest news.

Tickets will be made available periodically. Visit Bequest on Peatix to view which tickets are available for sale.

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[Event] Talk: Making your Will & LPA if you’re LGBT

Will LPA Talk for LGBT

 

If you’re single, who receives your Estate when you pass away?

If you’re in a relationship, would you like your partner to legally receive your personal assets if something were to happen to you? (bank accounts, insurance, investments, personal items, etc…)

How will your joint assets be legally dealt with? The one on most people’s minds—property.

If you have biological children, are you familiar with matters regarding legal guardianship?

If you’re single, who will step forward to take care of your personal matters if you lose mental capacity?

In the event you’re not mentally able to make your own decisions on medical bills, insurance, CPF, property, etc, would you like enable someone to legally help you with such matters?

Should you appoint your partner as the primary Donee in your Lasting Power of Attorney (LPA)?

(more…)

10 Things You Need In Your Will

10 Things You Need In Your Will When You Write A Will In Singapore

When you decide to write your will in Singapore, do you know the essential things you should consider including in your Will? This is the Part 1 of our multi-part series on what you need in your will.


Almost everyone has heard of a will – the document that helps with distributing one’s estate after one passes away. Very few people, however, actually know what goes into a will. In our three-part series, we discuss some common clauses and provisions you should include in your will to help you to think and plan for this important process so that your loved ones will be able to see to your last wishes.

It is always recommended that you seek legal advice from a professional when preparing your will.

 

1. Appointing the Executor

An executor is a person nominated in the will to administer the estate of the testator (person making the will). He or she is in charge of ensuring the provisions in the will are carried out. In the case of complicated estates or sensitive family situations, sometimes two or more persons are named as joint executors to minimize the potential for dispute or conflict. It is also a good idea to nominate backup or alternate executors in the event the primary executors are ineligible or not around at the time they are called upon to act as executors. It is possible to appoint professionals (e.g. lawyers) to be the executor, but it uncommon as the estate will have to bear all legal costs that they may charge for their services in administering the estate. (more…)

[Event] Talk: Making your Will & LPA if you’re Divorced

Will LPA Talk for divorced

 

If you made a Will before you were divorced, is the Will still valid?

If you have children, are you concerned with your ex-spouse “touching” the inheritance you wish to leave them?

If you currently have custody of your children, will your ex-spouse automatically gain custody and be their legal guardian if something happens to you?

Who will step forward to take care of your personal matters if you lose mental capacity?

If you’re divorced and single, do you need to make a Will or Lasting Power of Attorney (LPA)?

In the event you’re not mentally able to make your own decisions on medical bills, insurance, CPF, property, etc, would you like enable someone to legally help you with such matters?
(more…)

[Event] Talk: Will & LPA for Singles

will lpa talk for singles

Can you Will away your HDB flat as a sole owner?

If you’re single, who receives your Estate when you pass away?

Does your Executor need to know you’ve written a Will?

If you’re a single parent, are you familiar with matters regarding legal guardianship?

Who will step forward to take care of your personal matters if you lose mental capacity?

If you are not able to make your own decisions on medical bills, insurance, CPF, property, etc, would you like enable someone to help you settle them?

How do you choose a good Donee for your Lasting Power of Attorney (LPA)?

(more…)

[Event] Talk: Making your Will & LPA if you’re Married

Will & LPA if you're Married

 

Does your spouse need to know you’ve written a Will?

Do you know what are mirror Wills?

Should you set up a Trust for your children?

Do you need a Lasting Power of Attorney (LPA) if you’re married?

Should you appoint your spouse as the primary Donee in your LPA?

If you have a Will, do you need an LPA?

 

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Bequest Public Talk Series

will lpa talk
 
We’re pleased to announce our Public Talk Series schedule for the rest of the year.
We have decided to go down to basics and address the different concerns faced by various demographic groups with regards to making their Will and Lasting Power of Attorney (LPA).
 
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[Event] Talk: The Lasting Power of Attorney: Choose, While You Still Can

lasting power of attorney talk

 

The Lasting Power of Attorney (LPA) is a legal document that you can make to voluntarily appoint one or more persons to make decisions and act on your behalf if you should one day lose the capacity to make your own decisions in accordance to the Mental Capacity Act.

The last thing you want to be is “stuck” with regards to things like Property, Bank Accounts and Insurance Claims in an unexpected situation. (more…)

[Event] Talk: What you never knew you could include in your Will

Based on client feedback and requests, we are organising our first series of public talks! We are starting off with a Will writing Talk. We usually organise Estate Planning talks for companies. This will be the first time we will be addressing the public.

what-you-never-knew-you-could-include-in-your-will

 

1. Did you know you can “layer” the Beneficiaries in your Will? i.e., contingency planning for scenario A, B, C, etc… After all, life can be unpredictable!

2. Did you know you can include a trust in your Will? (Do you know what a trust is?)

3. Did you know that a special clause has to be included when you wish to exclude someone in your Will?

Bonus: If you write a new Will, what do you do with the old one?

 

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