In this conversation, the hosts discuss the topic of estate planning for pets and collectibles. They explain that pets can be included in a trust, where a trustee is appointed to take care of the pet and use the allocated funds for their well-being. However, enforcing the terms of the trust can be challenging. As for collectibles, such as pots and watches, they are considered properties and can be distributed among beneficiaries or sold for monetary value. The hosts also mention the importance of drafting a will carefully to address specific instructions and avoid potential issues.

This episode is brought to you by FND LEGAL

@familylawsg

In this conversation, the hosts discuss the topic of estate planning and its importance. They explain that estate planning involves more than just writing a will, as it also includes managing debts and ensuring the smooth distribution of assets. They highlight the need to consider factors such as mental incapacitation and the appointment of guardians for children. The hosts also discuss the role of lawyers in estate planning, particularly in ensuring the validity of wills and CPF nominations. They emphasize that estate planning is not just about financial matters, but also about taking care of loved ones after one's passing.

In this episode, Liza from FND Legal discusses her journey to becoming a lawyer and her specialization in family law. She also shares her experiences as a lawyer during COVID and the challenges she faced. Liza explains the areas of law handled by FND Legal, including family law and estate planning. The conversation highlights the importance of empathy and understanding in family law cases. The episode concludes with a discussion on estate planning and the future.