better close credit cards in later life. It’s problemtic for the surviving family members.

After buying new home, need to update will

If I pass away with all 3 surviving…. wife can set up joint accounts with each kids and access the 3 portions.

— execution

first executor can appoint a new executor.

execution cost .. under 10k in many cases. 0.5% of the execution amount, min $4k.

— insurance ..Top priority: give nomination, esp. Singlife

DPS nomination .. Iris will provide details.
PruECI death benefit 3k, till age 65
NTUC income GIFT .. up to age 65. claim within 3M upon death

==== overseas assets
— ask Susan Lee to find a will-writing agency in Cambodia
— fuxi: BGC ask Chun Tih what if I pass away
Any taxes to pay for inheritance