Vision Advisory Management

𝐄𝐧𝐬𝐮𝐫𝐢𝐧𝐠 𝐘𝐨𝐮𝐫 𝐋𝐞𝐠𝐚𝐜𝐲: 𝐀𝐯𝐨𝐢𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐦𝐨𝐧 𝐁𝐥𝐢𝐧𝐝 𝐒𝐩𝐨𝐭𝐬 𝐢𝐧 𝐖𝐢𝐥𝐥 𝐏𝐫𝐞𝐩𝐚𝐫𝐚𝐭𝐢𝐨𝐧 As Singapore's population ages, the importance of legacy planning and will preparation cannot be overstated. In our latest newsletter on family legacy planning, we delve into seven common blind spots that individuals should be aware of when drafting their wills. 1️⃣ CPF Nominations: Keep your Central Provident Fund (CPF) nominations up to date to ensure your savings are distributed according to your wishes. 2️⃣ Joint Tenancy Properties: Properties held under joint tenancy automatically transfer to the surviving joint tenant, bypassing the need for probate. Consider restructuring to tenants-in-common for alternative distribution options. 3️⃣ Proper Selection of Witnesses: Ensure your will's validity by choosing independent and impartial witnesses who understand the implications of the document. 4️⃣ Asset Inventory: A comprehensive list of your assets aids executors in efficiently administering your estate and prevents disputes among beneficiaries. 5️⃣ Inform Executors and Guardians: Proactively communicate with your chosen executor and guardians to avoid confusion and delays in executing your will. 6️⃣ Residuary Estate Clause: Including this clause ensures any remaining assets are distributed according to your wishes, minimizing the risk of unintended beneficiaries. 7️⃣ Update Post-Marriage: Marriage nullifies prior wills, so revise your will to reflect your new marital status and ensure your spouse is included. While self-education is beneficial, estate planning requires professional expertise to navigate potential pitfalls and ensure legal compliance. Engage a qualified legal professional specializing in wills and estate planning to guarantee a legally sound and comprehensive will tailored to your individual circumstances. source: https://vist.ly/3h5se #WeAreVision #LegacyPlanning #EstatePlanning #Wills #FamilyLegacy #ProfessionalAdvice

Are you cultivating the financial habits that lead to success? Establishing strong financial habits can make a world of difference in achieving your financial goals. Regularly tracking your expenses helps you stay aware of where your money is going, while periodic reviews and adjustments ensure you remain on course. Setting clear financial goals and monitoring your progress towards them keeps you motivated and focused. Plus, maintaining an emergency fund provides a crucial safety net for unexpected expenses. Embrace these habits to empower your financial decision-making and build a secure future. #WeAreVision #FinancialHabits #MoneyManagement #FinancialSuccess #EmergencyFund #GoalSetting

As we kick off the second half of the year, we're excited to share that our recent market and product update sessions have equipped our financial planning partners with crucial insights and tools to better serve their clients. These regular updates provide the consultants with the latest knowledge on market trends and new products, ensuring they can offer informed advice and innovative solutions. A heartfelt thank you to our incredible partners—Manulife Affiliate Wealth, Nikko Asset Management, Natixis, Singlife, China Life, Capital Group, Schroders Investment Management, and Income Singapore. Your unwavering support and expert updates keep our team motivated and well-informed. Here's to a successful and informed second half of the year! #MarketUpdates #ProductUpdates #InvestmentPartners #InsurancePartners #FinancialConsultants #TeamSupport #ClientFirst

Are you prepared for market volatility? Staying calm and focused during turbulent times can be challenging, but it's crucial for long-term investment success. By avoiding impulsive reactions and sticking to a well-thought-out strategy, you can protect your portfolio from unnecessary losses. Consistency and patience are key to navigating short-term fluctuations and achieving steady growth. Embrace a disciplined approach to investing and maintain your focus on long-term goals. Your future self will thank you. #WeAreVision #InvestSmart #MarketVolatility #LongTermGrowth #InvestmentStrategy #FinancialPlanning

It’s durian season, and we couldn’t miss the chance to celebrate our top 20 producers from our financial planning partner with the "King of Fruits"! That's when we decided to host a Durian Party, bringing together the leading performers for an evening of fantastic company and, of course, delicious durian. It was a great way to honour their hard work and achievements, enjoying a unique and memorable experience together. This gathering not only highlighted their outstanding performance but also reinforced the strong bonds within our team. Sharing this traditional treat and engaging in lively conversations provided a perfect blend of celebration and camaraderie. A huge thank you to everyone who joined us and made the evening so special. Here’s to continuing our success and many more celebrations to come! #WeAreVision #DurianParty #TopProducers #Celebration #TeamBonding #FinancialPlanning

In today's fast-paced world, taking care of our health is more important than ever. Singapore offers comprehensive health screenings and check-ups that can detect potential health problems early, ensuring timely treatment. Regular screenings include physical exams, blood tests, and imaging, providing a proactive approach to managing health. By choosing the right health screening package, individuals can effectively prevent severe complications, manage conditions like pre-diabetes, and detect cancers early. Regular check-ups are a critical investment in preserving our well-being, helping us stay informed and prepared for any health issues. Let's prioritize our health today for a brighter, healthier tomorrow. source: https://lnkd.in/gyVXHbJU #WeAreVision #HealthScreenings #Wellness #SingaporeHealthcare #PreventiveHealthcare #StayHealthy #HealthIsWealth

Happy National Day, Singapore! 🇸🇬 Today, we come together to celebrate the vibrant spirit and unwavering camaraderie that define our beautiful nation. As we wave our flags high and enjoy the celebrations, let's take pride in our collective achievements and the unity that makes us strong. Here's to the resilience, innovation, and harmony that continue to drive us forward. May our little red dot shine ever brighter! Happy 59th Birthday, Singapore! #WeAreVision #SGNDP #NDPSG #HappyNationalDay #SG59 #TogetherStronger

What keeps top financial planners motivated and successful? Our recent sharing sessions offered some incredible insights that answered this question. Lim Bing Wey kicked things off by sharing his methods for staying motivated and expanding his audience reach. He highlighted the importance of consistent effort and innovative strategies to connect with clients. Angeline Low then enlightened us on managing people through the Enneagram, offering a deep dive into understanding personality types and enhancing team dynamics for better collaboration. Justin Yim captivated us with his journey into the industry, detailing how his passion and dedication led him to a fulfilling career in financial planning. Finally, Leanne Tchea wrapped up the sessions by sharing her challenges and ambitious plans for 2024. Her story showcased the importance of resilience and strategic planning in overcoming obstacles and achieving future goals. These sessions left everyone inspired and motivated, eager to implement what they learned. Looking forward to the next one! #WeAreVision #TeamSharing #FinancialPlanning #Inspiration #Mindset #CareerGrowth #TeamManagement #FuturePlans

We had a great time organizing the Mid Year Sprint for our financial planning partner, VA Group and what a great success it was! The event was a testament to the remarkable energy and collaboration within the team, and we are proud to see VA Group achieve most of their half-year milestones. Additionally, we also prepared a mini birthday celebration for the team members born in July to appreciate them for who they are and their hard work. Here's to making the second half of the year even more amazing! Together, we can achieve anything. #WeAreVision #MidYearSprint #VAFamily #TeamSuccess #MDRT #Celebrations #OnwardsAndUpwards

As parents, managing finances becomes a shared journey where priorities often shift to support the family’s needs. The article emphasizes the importance of financial planning, budgeting, and making strategic decisions to ensure both immediate and future financial security for the family. It highlights the experiences of parents balancing personal goals with family obligations, using tools like CPF for housing and healthcare, and saving for children’s future needs. Planning together as a team helps secure a strong financial foundation for the family. For more insights, check out the full article https://lnkd.in/gsGKHK27 #WeAreVision #FinancialPlanningSG #FamilyFinance #CPF #BudgetingTips #ParentingFinances #FinancialSecurity