In recent days, a lot of financial experts / speakers emphasis on will writing or estate planning. How important is this will writing for a middle age couples like me in their 30’s ? I know that retirement planning is good if you plan it as early as possible … but will writing , what good can it bring ?
I’m currently reading a book authored by famous financial adviser Mr. Yap Ming Hui ,“Maximise What You’ve Got: No Matter How Much You Have Now” …. And find it very interesting; even though the book is meant for millionaires, I personally feel that it’s for everyone no matter what your financial standings are …..
Although all the topics discuss in the book is quite useful and interesting, one particular topic makes me thinks a lot…. It’s about will writing and the consequences if you not doing so …..
Mr. Yap, discuss about double tragedy, where both husband and wife loss their live …. What will happen to their young children’s? …. Are you prepare enough for them, did you plan ahead for them for any circumstances …. Do you want your young children’s to be place in an orphaned home? What will be their future …
These really make me not sleeping well at night ….
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