Meet Mr. Ling, a 67-year old widower from Ipoh.
Mr. Ling has a daughter named Jenny. Jenny is married and currently residing in Australia. She pays her father a visit once every two years.
Mr. Ling lives a modest lifestyle alone. Katie, his sister often pays him a visit and keeps him company with regular evening walks and church activities. Presently, Mr. Ling has RM 500,000 in savings and EPF and he lives in a terrace house that is valued at RM 400,000. Life is peaceful but Mr. Ling does have some concerns:
- What will happen to him if he becomes critically ill or have dementia?
- Who shall pay for his medical expenses if he fails to have access to his money as a result of him forgetting his own usernames or passwords for all of his bank accounts?
- How to prepare for this so that he will not be a burden to Jenny and Katie?
The above are valid questions and as such, I have brought in Ms. Jocelline Chee, Founder & Principal of WG Legacy, a boutique estate planning firm to share what Mr. Ling can do today so that he could really
take care of himself without placing a burden on his loved ones. You will learn about:
- What will happen to Mr. Ling if he falls ill or becomes dementia?
- Revealing 1 Powerful Tool that allows Mr. Ling to be Prepared for the Above.
- Things to Consider before Leaving Behind Mr. Ling’s House to Jenny.