Avoid Delays & Disputes

Maintain unity with thoughtful planning

Legacy planning ensures your intentions are clear, allowing your loved ones access your savings quickly while preserving harmony and preventing conflict. Legacy planning benefits them in two critical scenarios:

1. Loss of mental capacity

Life is unpredictable. Situations such as accidents and sudden illnesses can lead to a loss of mental capacity, leaving you unable to make decisions for yourself. Without prior planning, your loved ones may face delays in accessing your bank accounts or making important medical decisions on your behalf. Disputes over who should manage your finances or healthcare could arise, leading to family disagreements and legal complications.

2. Death

Without proper end-of-life planning, your loved ones may struggle with asset distribution and after-life arrangements, potentially causing disagreements and unnecessary emotional stress.

Take action today with any of the four tools below:

Lasting Power of Attorney (LPA)

Purpose: Allows you to appoint someone you trust to make decisions in your personal welfare and property & affairs matters if you lose the mental capacity to do so.

How It Avoids Delays & Disputes: Ensure your loved ones have quick access to your savings should you lose mental capacity, preventing conflict over how and who should manage your affairs.

What to do:

Step 1 - Consider whom you wish to appoint to make decisions on your behalf (called Donees) and the powers to be granted to them.
Step 2 - Complete the online LPA form (10 minutes).
Step 3 - Your Donee(s) will receive SMS notifications to accept the appointment(s).
Step 4 - After your Donee(s) have accepted the appointment(s), schedule an appointment with a Certificate Issuer to certify your LPA.
Step 5 - Meet your Certificate Issuer, who will ensure you understand the purpose of the LPA and the scope of authority you have conferred on your trusted persons.

➡️ Start now.

Advance Care Plan (ACP)

Purpose: Details your medical preferences for future scenarios.

How It Avoids Delays & Disputes: Reduce misunderstandings among family members about your healthcare preferences.

What to do:

Step 1 - Create your Advance Care Plan (30 minutes).
Step 2 - Schedule an appointment with an ACP facilitator to register your plan.
Step 3 - Meet your ACP facilitator online or in person to discuss your plan.

➡️ Start now.

CPF Nomination

Purpose: Directs your CPF savings to specific individuals.

How It Avoids Delays & Disputes: Ensure your loved ones quickly receives your CPF savings upon your death and eliminates uncertainty and potential disagreements over the distribution of your CPF funds.

➡️ Start now (5 minutes).

Will

Purpose: Outlines how your assets are to be distributed and dependents cared for.

How It Avoids Delays & Disputes: Prevent delays and disputes by clearly stating your intentions for how your assets are to be distributed upon your death.

➡️ Learn more about writing a will.