Health and Lifestyle
Legacy Planning: Understanding the Landscape and Barriers Surrounding Will Writing, CPF Nominations and the Lasting Power of Attorney in Singapore
Principal Investigator:
The adage that “nothing can be said to be certain, except death and taxes” stands in perplexity to the hesitation surrounding legacy planning. Launched during a pandemic era where mortality is more salient than ever, this research explores current sentiments toward legacy planning in Singapore and uncovers practical and psychological barriers that surround Will writing, CPF nominations and the Lasting Power of Attorney. Findings from a cross-sectional national survey of 1,019 Singapore residents reveal reasons that prompt or impede legacy planning, with divergent nuances pertaining to age, active retirement planning and medical history.
