Michelle Hoon - Estate and Finance Planning

Employee briefing session this morning with my new corporate client in the CCTV security industry. They provide installation and maintenance works for the CCTV cameras in our MRT stations, Pulau Bukom and Jurong Island. Apparently these type of video surveillance services is increasing in demand around Singapore. It was a very casual and relaxed setting with good dynamics between the management and the employees.

Rounded off the session with a celebratory year-end lunch with my colleagues, Glenn & Jacinta. Thankful to have completed this project with them and grateful for the new friendships forged!

Peace of mind and a comfortable recovery - A great gift to Mum (and Dad) on Mother’s (and Father’s) Day 💐💕💐

Young & Savvy: This Mother's Day, I'm spending $12,000 on mum's insurance The peace of mind it gives me and my mum is priceless and definitely more valuable than any luxury purchase, says Jessie Lim. . Read more at straitstimes.com.

Insurance gives you greater certainty about today, tomorrow and beyond as it helps to protect, grow and create wealth for you!

Whether you’re a single, couple or family, insurance as a financial tool is crucial to your financial planning.

With an ageing population and longer lifespan, we should also look into our parents’ medical coverage to ensure they are well insured in the event of old age diseases like dementia, disability etc. so as to maintain cashflow and reserves for ourselves and the next generation

As Singapore ages, single women pay the price of caring for elderly parents Many give up careers to become carers — and face financial strain from escalating costs.

My biggest claim to date for a dear client - $205,039.94 Mount Elizabeth Novena Hospital bill for 8 days stay in private ward + 9 days stay in ICU fully paid out and settled by AIA 😊

Therein lies the importance of being sufficiently insured so clients can get fully treated while they continue to pursue their financial dreams 🌈

Attending the two-day Estate Planning and Wealth Succession Asia Forum 2020 from 26-27 October to learn more on second generation wealth succession, family offices, private trust companies, cross-border assets planning, dealing with inheritable wealth taxes, tax residences, mental incapacity and special needs planning, philanthropy and others!

“(Alien Huang’s) sudden death at the age of 36 has raised concerns about the financial burden the loan might have on his parents...if Alien’s family were to keep his apartment, it’s estimated that they would need to fork out at least NT$100,000 (S$4,700) a month for the mortgage repayment.

On the other hand, if they were to sell the place, they would be subject to a tax rate of 35 per cent of their gains from the sale as the holding period of the property is still less than two years.”

Alien Huang’s Parents May Have To Pay At Least S$4.7K A Month For The Remaining Mortgage On His S$2mil Apartment They could also choose to sell it, but there’s a catch.

Divorce will now become easier with online divorce being made available. Which means that more divorcees and single parents will need to do up their Will and also, financial planning becomes increasingly important for women.

Online portal to ease uncontested divorce process as S’pore’s family justice system adopts 'thera... SINGAPORE - Couples seeking uncontested divorces and who are not represented by lawyers will soon be able to obtain such divorces online without needing to attend cour...

Do buy travel insurance even for short travel getaways. Good to ensure you are well covered for medical or emergency expenses, in the event of mishaps.

Batam Bridge Collapse Injures 18 S'poreans, Police Say Decayed Wood May Be The Cause A Batam resort bridge collapses on 7 Nov, taking 18 Singaporeans down at Montigo Resorts Nongsa. 13 were sent to hospital for their injuries.

How can we ensure that our parents’ retirement needs are met? If our parents are financially dependent on us, the onus is on us to look through relevant medical and government policies to get them sufficiently covered for medical insurance and retirement savings