Find out about the importance of Estate Planning and the reasons why people avoid it. The consequences of avoiding Estate Planning are:
Learn about the Intestate Succession Act (Non-Muslim Estate) and the unintended consequences of Intestacy.
Also learn about the objectives of Estate Planning and the Overview of the Estate Planning Process:
In this module we will cover the first two steps of the Estate Planning Process.
This lecture introduces the module. The Personal Financial Management Quadrant is shown:
We look at what Estate Planning is all about.
In this lecture, we provide slides on the Introduction to Estate Planning.
In this Lecture, find out more about MoneySENSE's core financial capabilities:
In this lecture, we look at why people avoid Estate Planning:
We also look at the consequences of avoiding Estate Planning and the definition of Intestacy.
In this lecture, we provide Slides on the topic of why people Avoid Estate Planning.
This short movie highlights the reality of death. Have you thought of your loved ones and made plans for them should you pass on? What will be shared at your funeral?
This video can also be viewed at http://www.youtube.com/watch?v=ljjSBMmCAQA
In this lecture, we shall consider the Intestate Succession Act (Non-Muslim Estate) for those in Singapore. We will also look at the Unintended Consequences Of Intestacy which are namely:
In this lecture, we provide slides on the Unintended Consequences Of Intestacy.
In this lecture we look at the Objectives Of Estate Planning which are namely:
We will also look at the Overview Of Estate Planning Process:
In this lecture, we provide slides on the Objectives Of Estate Planning and the Overview Of Estate Planning Process.
In this lecture, we look at how to ascertain the assets you own. This includes:
The nature of ownership is considered and also the Estate Planning Funnel.
In this lecture, we provide slides on Ascertaining The Assets You Own.
In this lecture, we look at how to determine the people that we want our estate to be distributed to. We also look at some key points:
In this lecture, we provide slides on Determine How You Want Your Estate To Be Distributed.
This article from MoneySENSE provides a good overview of the Estate Planning Process. It can also be downloaded from: http://mycpf.cpf.gov.sg/NR/rdonlyres/9DD9A20F-7DD2-4446-B02F-CBF6F5B01ED6/0/EstateplanningnotjustforrichbyMoneySense.pdf
In this lecture, we summarise and conclude this E-learning module on The Importance Of Estate Planning.
This lecture contains links to additional resources where you can learn more about money matters pertaining specially to Singaporeans.
BA (Hons) Business and Finance
Ferris Wee is a qualified Financial Planner, and through his previous workplace, a global financial services company, he has helped more than one hundred clients with his clear process in reviewing their financial needs. Specifically, he has helped clients to identify their goals and ensure that they make the right choices to meet those goals today, tomorrow and in the years to come.
Ferris is passionate about leading people beyond financial breakthroughs, and has conducted financial literacy training in Singapore and Indonesia, as well as sports camp training for youths in India. Ferris is also an experienced financial counselor, helping many people manage their budget to meet their financial responsibilities.
Ferris is a Certified Will Writer, and has provided Professional Will writing, estate planning and custody services. He is also an Associate Estate Planning Practitioner.
Prior to his career in financial planning, Ferris was with the Republic of Singapore Air Force working on budgeting, logistics, maintenance and overseeing safety issues. For his strong leadership qualities, Ferris received the Outstanding Safety Warrior Award.
Ferris has a BA (2nd Class Upper Honours) specializing in Business and Finance. He also holds industry certifications in M5, M8, M8A, M9, M9A, HI, BCP and PGI.
The MoneySENSE-Singapore Polytechnic Institute for Financial Literacy is a collaboration between MoneySENSE, the national financial education programme in Singapore and Singapore Polytechnic.
MoneySENSE is spearheaded by the public-sector Financial Education Steering Committee which comprises representatives from the Ministry of Health, Ministry of Social and Family Development, Ministry of Education, Ministry of Manpower, Central Provident Fund Board, Monetary Authority of Singapore, National Library Board and People’s Association.
Our financial education courses cover basic money management, financial planning and investment know-how.