In this conversation, Hanwei discusses the importance of the Lasting Power of Attorney (LPA) in Singapore, explaining its two forms, the implications of not having one, and sharing real-life stories that illustrate the difference an LPA can make in times of crisis. The discussion emphasizes the need for careful planning and the empowerment that comes with appointing trusted individuals to make decisions on one's behalf during incapacity.
In this episode of Wealth Steward, Hanwei explores the concept of wealth stewardship, emphasizing that true wealth is not merely financial but also about clarity, legacy, and direction. He discusses the role of a steward as a guide who aligns values with financial decisions, contrasting it with traditional financial advising. The conversation highlights the importance of having a steward for individuals and families with wealth, particularly in times of crisis, and the need for clarity in legacy planning.
takeaways
Most people assume their spouse will inherit everything.
But the truth? If you die without a Will in Singapore, the law decides, not you.
In this first episode of The Wealth Steward, Hanwei shares real-life stories, breaks down the Intestate Succession Act, and explains why leaving it to “later” could cost your family more than just money.
You’ll learn:
How assets are really distributed when there’s no Will
What happens to your kids, your property, and your CPF
Why writing a Will isn’t morbid — it’s empowering
Email me at lawhanwei@synergy.com.sg to request for your free Estate Planning Starter Checklist.
Take your first step toward clarity and control.