Protecting Hopes and Dream

January 12, 2020


The title of this post sounds very much like the headlines I often write in my day job.

While it sometimes seems like "fluff", we do mean what we say when we tell people to start thinking about protecting what matters to the ones they love. 

Of course, protection means different things to different people. 

In our family, it is about ensuring our kids complete their education, do what they enjoy and grow up being able to support themselves through life. And this should be whether or not the man and I are still alive. 

If we live to a ripe old age, and maintain our ability to provide for them, well and great isn't it? But what if something untoward happens to us? 

How about the other people who are dependent on our income to live out the rest of lives, like our parents? 

Conversations around death or permanent disability is a heavy one and often a sensitive one. However, the conversation is absolutely be necessary. 

From a life insurer's perspective, it is always encouraged to first look at the amount needed to ensure your closest kin will not be burdened with your existing financial commitments when you are either hit with long term illness or even death. 

Then you add on the money needed to sustain your dependents till they become financially independent. 

The total amount is then what you need paid out when the unfortunate happens. Stack your changing circumstances as life progresses, we then realise the protection policies we own and the money we invest also grows. 

So what happens next? How do we ensure all these preparation and the outputs end up in the right hands when the unfortunate really happens?

We have multiple policies from different insurers, and it is often hard for us to remember which insurers we bought from, much less the expected payout from each policy. While there is the option of making a nomination with the insurer, we chose to do this through a will. And, this is really more for easy administration , while making the will and when the will is eventually executed. 






So, here I am, also busting a common myth of making a will.

Wills are not only for the rich and privileged. As long as you have expected  insurance policy payouts upon death, these make up part of your estate that requires prudent management and distribution. And more importantly, getting your will done doesn't need to cost a lot.


****

We had our wills drafted with Willcraft, an online self service wills drafting platform.

It was perfect for busy working folks like us when we can never seem to find a common time to visit a lawyer. So, we did this in the comfort of our home when the kids have both gone to bed. We are not quite there in terms of estate planning. Yet, the man's frequent travelling requires us to settle our wills as soon as we could.

Willcraft was started by an ex-lawyer who recognises that g etting a will done , doesn't need to be complicated nor costly. Unlike some will and estate planning services out there, you can get yours drafted from $49. That was a far cry from the  $2,000 we were quoted before. And if you still prefer to have a lawyer look through the will before signing on it, you can select one of their legal partners and top up $79 for a lawyer to witness and review the drafted will.

We took the Premium service on Willscraft, and topped up for a lawyer's review and paid only about $250 for the full service. So at least now, we can put our mind at ease. 

How does the Willcraft platform work? 


Willcraft's platform is very easy to use, with intuitive questions to guide you along the process. You can even save and come back to complete your will another time if you lack some information. 

What I liked most is they have a good library of content on their site to help people understand the intricacies of making a will, and put out these bite-sized information on their social media platforms, making will making a lot less complex than the we perceive it to be. 

On the side, do find out more about will making, what you need to note, some of the common terms used and what they mean. This will make your experience on the platform more pleasant. 

New year, new resolutions and new list of "Must-Dos". Make protecting the ones you love be one of it! And yay to us as we finally ticked getting our wills done off the to-do list after years of procrastinating! 







4 free and easy ideas to Seoul for young families

May 05, 2019
Finally, finally, finally got my big fat butt moving on sharing about our trip to Seoul last year.
After almost 6 months!

Reboot and Recharge - a 2018 reflection

January 07, 2019
Both the man and I have the habit of having our fortunes (or prospects) read before we start a new year.



Not that we are superstitious, nor do we believe everything we hear. However, we feel the reading  forms some guidance on how we will tackle the challenges that may come our way.

As the age old saying goes, our destinies are in our own hands and knowing what may come, I believe, will help us make the decisions we deem fit and also prepare for any tough situations. 

2018 was no different.

We started the year with an indication that it is going to be a tough one.

More so for me. I was warned that it will be a bumpy ride on the career front, and it sure was.

I made the hard decision to let go of the job I grew to love a lot,  and have taken a lot of pride in. Every job comes with its fair share of trials and tribulations. This was my sweet spot.

However, when situations such as being a new mother of 2 after 6 years of winging is as a FTWM (full time working mum) of one, it was like pressing the start button all over again.

Perhaps this time slightly more calm with a lot more on the mind because of the first-born's "looming" formal school life starting as well.

As much as I aspire to be a superwoman in my own right, something had to give, and when the decision to move on was made, it was clearly family first .

A career with increasing expectations will without a doubt put a lot of stress above what was already in store for me. Not forgetting a strong cloud of doubt that I can make it in my career was cast over me because of unnecessary comparisons and strong competition. So I opted out.

I hated my decision, but honestly, I don't regret it.


Right now, while I do not feel as fulfiled and sufficiently challenged at work, I have found time to work on some projects that will enrich me career wise.

More importantly, my evenings are not as hurried, leaving me precious time to connect with the kids especially the first born.

My weekends are now dedicated to the family, and I sometimes find time to get my nails done or get my hair coloured.

So while I feel I haven't been able to keep up with my super FTWM persona that has often stuck with me, life really isn't  as bad as how our fortune said it will be.

Maybe it is really just our own perception of what's good and what's not.

Hello 2019! 

This year, we haven't had prospects for the year read.

Perhaps we will skip it because we have been up to a good start with the first born breezing through his first 3 days in Primary School.

I will taking this period of transition in my career to focus on these 3 things:
- Family first
- A Better Meen
- Couple Goals

I want to practise more patience especially with situations that are beyond my control. I want to be more positive and judge less of people I do not see eye to eye with. So, yes. Going back to simple basics.

As age catches up, and as I look back at the past couple of years, I truly believe many of the decisions we made, and what happened in our lives, happened for a reason. Like there is a plan. God's plan.

When we managed to earn a profit sum from the sale of our matrimonial house, little did we realise that it was to help fund the multiple IVFs we went through; which in turn was because we were destined to only have C join us at a point when J was well again from his Juvenile Dermatomyositis.

So, I am now taking whatever comes in my stride, and riding the wave as they come.

2019! I think I am ready for you! 

Family Fun in Tainan - Part 2

November 24, 2018
We spent a fair bit of time at Tainan when we were there in 2015. And I am glad we did because it is such a culturally rich experience to be able to learn a little bit more about the history of this island country I have come to love.




Part 1 of our holiday in Tainan is here, and since I am very very late in sharing our Tainan experience, I thought why not put together a montage of sorts! A teeny weeny bit of truth here is because I cannot remember a lot of the details now.

Floral Garage - Saying it with flowers

November 04, 2018
Those who know me will agree that I enjoy gifting flowers to friends around me.



In fact, I enjoy giving them much more than receiving them (although I will definitely not say no if you want to shower me with a lovely bouquet!).

Some will say gifting flowers are a waste of money because flowers will eventually perish.

But, I think during the moments they are in full bloom, they not only brighten up a room, but also have a lasting positive impact on one's mood. Nothing and no other gifts will have quite that same effect. Well, at least to me lah!

So, in my usual fashion, I started looking for online shops to order flowers for J's teachers during his kindy graduation concert. I don't usually have a favourite florist and do find it a pleasure to search for new ones just to see what kinds of creations they can come up with.

Floral Garage's name came up and I left everything for them to decide. All I did was just to tell them who I needed the flowers for and that the flowers were meant for thanking J's teachers, and most importantly, I didn't want them to be too huge.

Honestly, I was a little worried that the flowers may turn out below my expectations. But, I was in for a very pleasant surprise.

The two bouquets were very lovely and turned out exactly the way I envisioned them to be. Just the right size and each bouquet represented the personalities of J's teachers. This on the other hand is purely coincidental, I must say. So kudos to the team at Floral Garage.






What impressed me was the effort Floral Garage made to make sure we got the flowers delivered before our specified timing.




And those smiles, and messages of appreciation thereafter were great testimony for the pretty surprise for the hardworking teachers.

So, thank you Floral Garage for the nice surprise!

Floral Garage not only does your regular bouquets, they also have a flower subscription service which is great for people who enjoy having fresh blooms in their homes. So do check them out if flowers make your day as much as it makes mine!

https://floralgaragesg.com/



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