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6 Hrs Technical Workshop on Estate Planning for Persons with Special Needs

Wilfred Ling

Wednesday, 9 May 2012 from 09:00 to 17:00 (SGT)

Ticket Information

Ticket Type Remaining Sales End Price Fee Quantity
General Admission
Ticket is transferable. Inclusive of lunch and drinks.
Sold Out Ended SGD1,500.00 SGD0.00
General Admission for Public
Ticket is transferable. Inclusive of lunch and drinks.
Sold Out Ended SGD280.00 SGD0.00
Other special needs school / organisation
Ticket is transferable and inclusive of lunch and drinks.
Sold Out Ended SGD135.00 SGD0.00

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Event Details

This workshop is meant for caregivers, parents, guardians and deputies taking care of persons with special needs.

Planning for your child with special needs is not an option but it is neither easy. After listening to talks on Wills and Trusts, you probably realised that it is not as easy as it looks. Setting up a Trust is the easy part. Writing a simple Will is also very easy. But the hard part is when you realised that you are going to inject huge amount of money into the Trust. For instance, you cannot liquidate your property for the purpose of injecting into the Trust until all other dependents are no longer staying in the house. Have you cater for that in the Will? Do you know that not all properties are permitted to be held in Trust? How about other government schemes which bypass the Will? What are their advantages and disadvantages? Come to this workshop and learn how to do an estate plan for your child.

Why you should attend?

  • To make informed decisions. 
  • Learn about the advantages and disadvantages of various schemes such as Special Needs Saving Schemes and Special Needs Trusteeship Scheme.
  • There is no other workshop in the market specially catering for families with dependents with special needs.
  • Conducted by a professional estate planner expert in special needs. 
  • Save on professional fees chargeable by estate planners by learning as a group (cheap) instead of having a one-on-one consultation (expensive).
  • Submit your own real life case as case studies to be discussed so that others (and you) can learn together. 
  • The cost of the ticket is inclusive of two hours of one-on-one consultation (worth $500) with an estate planner.
  • A workshop you must attend before you start talking to your lawyers, trust companies, insurance companies, CPF Board and financial advisers!

Note: Prior knowledge on basic estate planning concepts and Special Needs Trusteeship Scheme are required before you attend this workshop. Attendees with no prior basic knowledge will be required to watch an online 2 hours video at no charge before they come for this workshop. This workshop is highly technical, there is insufficient time to cover the basic. 

Agenda as follows:

9am - 12pm

Estate Planning Tools and Their Limitation

  1. Introduction to estate planning: difference between estate planning and tools
  2. CPF Cash Nomination 
  3. CPF Enhanced Nomination 
  4. CPF Special Needs Saving Scheme
  5. Insurance Nomination: 49L
  6. Insurance Nomination: 49M
  7. Insurance Nomination: Older forms
  8. Third party life insurance with and without vesting
  9. Ownership of property types: Sole, Joint-tenant, tenancy-in-common
  10. Ownership of saving accounts: Sole, Joint-OR, Joint-AND
  11. Age of majority
  12. Force heirship
  13. Intestate Succession Act
  14. Law of the land: the HDB flat as an example
  15. The Concept Of Domicile
  16. What is a Will? What are the issues the testator need to know? 
  17. What is a Trust? What are the issues the settlor need to know?
  18. Stamp duties payable: Life time vs testamentary transfers
  19. When to use a commercial trust company
  20. When to use the non-profit Special Needs Trust Company
  21. Lasting Power of Attorney and Office of the Public Guardian
  22. Customized estate planning service offered by Promiseland
12pm - 2pm

Lunch break - lunch provided

2pm - 5pm

Case studies to illustrate estate planning

I will use the following case studies to explain how estate planning could have averted the below mentioned issues. Attendees may submit other real life stories (including own) as case studies to be discuss subject to availability of time.

Real story 1:  Mdm Xiao (her real name) became a widow with a child. She had a problem getting the Letter of Administration because two Administrations were required due to a beneficiary who was still a minor. In the meantime, all her husband’s assets were frozen and she faced a financial crisis. She appealed to a Member of Parliament for help. (Source: “In sickness & in death”, ST 30 April 2011). If you were her husband, what should you have done to prevent her from falling into such financial crisis?

Real story 2: A CPF Member nominated her sister under CPF Nomination. When the CPF Member passed away, her CPF monies ended up with the Official Assignee because beneficiary was bankrupt at the time when the CPF Member passed away. (Source: “Judge: CPF funds left to bankrupt can be seized”, ST 13 Oct 2010). If you were the CPF Member, what should you have done to prevent the CPF money from falling into the hands of the Official Assignee?

Real story 3: Tammy’s (not her real name) late father left a property to her in his Will when she was just 16 years old. At 21 years old, her mother felt that she was still too young to manage the property. Tammy was asked to sign a consent form to allow her mother to continue to hold the property. Tammy is now 40 years old (not her real age) but she realized that the ‘consent’ form was to renounce her right to the property. The property is now worth millions due to the long-term appreciation of real estate. If Tammy’s mother passes away, the property will be distributed to her and siblings equally although this property was originally meant solely for her. If you were Tammy's father, what should you have done to protect the interest of Tammy?

Real story 4: Mr. Kwek (not his real name) is a beneficiary of his father’s CPF monies. His late father nominated him and his brother under the CPF Nomination. However, he does not know whether were there other nominees as CPF Board refused to disclose such details to him despite being the Executor of his father’s estate. If you were Mr. Kwek's father, what should you have done to ensure that the full details of the nomination is disclosed to all nominees?

Real story 5: Mr Cheong (his real name) and his mother owned a HDB under joint-tenancy. He paid for all mortgages and expenses for the flat. In 1986, Mr. Cheong transferred the ownership of the existing flat to his mother for her to stay because he was allocated a new flat. When his mother passed away, the court ruled that the proceeds of flat shall be distributed to all his mother’s children equally despite Mr. Cheong was one who paid for the flat. (Cheong Yoke Kuen and Others v Cheong Kwok Kiong, Court of Appeal 13 April 1999).  If you were Mr. Cheong, what should you have done to prevent the flat from being distributed to others?

Real story 6: Mdm Quek (not her real name) passed away leaving behind just $10,000 in savings at a bank. The bank account was frozen. The legal fee to get the Letter of Administration was prohibitively expensive considering the amount in the bank was so small. Is there a better way to withdraw this money legally and at a reasonable cost? 

Real story 7: Mr. Koh Cheong Heng transferred his sole ownership of a HDB to one of joint-tenant with his wife. Then, he thought that he was going to die and was concerned that his wife will have no place to stay. But later on, his health drastically improved but his wife’s health unexpectedly became much worst than his. In the meantime, he had second thoughts about the transfer. Thus, he had to apply to the High Court to reverse the transaction. He incurred great stress and cost. In retrospect, what Mr. Koh should have done?  (Source: "Court lets retiree cancel gift of HDB flat to wife", ST 7 March 2011). 




  1. Online registration is required. No walk-in registration permitted.
  2. This talk is FREE for speaker's clients on retainer service.
  3. The attendee may submit other real life stories (including own) as case studies to be discussed  in the afternoon session subject to availability of time. To ensure that the case study does not become too detailed, I'll address these case studies generally so that it will remain eductionally beneficial to the remaining attendees.  
  4. The cost of the ticket is inclusive of two hours of consultation with an estate planner. It has a validty period of 1 month from the date of seminar.
  5. This seminar is not appropriate for individuals subjected to Administration of the Muslim Law Act.
Do you have questions about 6 Hrs Technical Workshop on Estate Planning for Persons with Special Needs? Contact Wilfred Ling

When & Where

Promiseland Independent Pte Ltd
371 Beach Road Keypoint
Singapore, Singapore 199597

Wednesday, 9 May 2012 from 09:00 to 17:00 (SGT)

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Wilfred Ling


Wilfred Ling is a CFA charter holder and is a Chartered Financial Consultant®.

As a fee-based professional financial planning practitioner, he has written many comprehensive financial plans for fee-paying clients. His clients seek his advice on a wide range of financial planning issues such as credit management, insurance, investments, retirement planning, tax planning and estate planning.  His clients come from all walks of life such as:

Business owners, IT managers, IT consultants, teachers, engineers, students, retirees, directors, radiographers, airline cabin crews, actuarial consultants, vice-presidents (banks), accountants, restaurant supervisors, weather forecasters, National Servicemen, editors, police officers,  veterinarian, R&D engineers, prison officers, laboratory technologist, risk management (banks), QA/Process Managers, analysts,  salespersons, contractors, civil engineers, pharmacists, legal counsels, commercial pilots, salvage divers, auditors, housewives, finance managers, university lecturers, tax consultants, chief financial controllers, doctors, IFA investment specialists and financial advisers.

He is also a member of the CFA Institute, CFA Singapore and Association of Financial Advisers (Singapore).


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