Wednesday, March 31, 2010

More write wills younger

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IT USED to be that only the sick and the old wrote wills.

But now, the practice of crafting a formal document specifying the individuals who will receive one's property upon his death is catching on among the younger set, even those yet to hit their 30th birthday. This stems from people in their 20s and 30s pursuing active lifestyles and often travelling to places where epidemics and terrorism are real threats.

They are also getting richer younger, often through investments, and thus want to be sure their assets go to those they love or who need looking after.

[SOURCE: http://www.straitstimes.com]

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