Real-life cases of how things can go wrong without legacy planning

Madam Chung Khin Chun (right) with her niece Hedy Mok, who succeeded in revoking the LPA given to Yang Yin as well as the will.
Madam Chung Khin Chun (right) with her niece Hedy Mok, who succeeded in revoking the LPA given to Yang Yin as well as the will. ST FILE PHOTO
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In a case that made plenty of headlines, retired physiotherapist and widow Chung Khin Chun, 91, was almost swindled of her bungalow and other assets by former tour guide Yang Yin, 43. She met Yang in 2008 on a trip to China, when he was her tour guide.

A year later, Yang moved into her bungalow and brought his family here. He coaxed Madam Chung into setting up a Lasting Power of Attorney (LPA) appointing him as donee to manage her financial affairs in the event that she lost her mental capacity. She also drew up a will naming him as beneficiary of her $40 million estate, including the 31,882 sq ft property at 2F Gerald Crescent, off Yio Chu Kang Road.

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A version of this article appeared in the print edition of The Sunday Times on March 11, 2018, with the headline Real-life cases of how things can go wrong without legacy planning. Subscribe