Never too young to draw up an estate plan
The process is also evolving, with a new trust to distribute CPF savings
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ESTATE planning isn't just for the wealthy or for those senior in age. In fact, it is advisable to have a plan in place while you are in control of your finances and have a lucid mind.
"Having a will is probably one of the most important legal documents that people will ever sign, yet most people do not have one, thinking they are too young and healthy to worry about their estates. They may also think it is a taboo topic or simply do not have the time to think about it," said OCBC's head of wealth management Tan Siew Lee.
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