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Parents who don’t plan can cause problems to families

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Many feel it is a taboo to plan for “bad things”, but the reality is you and your family will be worse off if you do nothing until it happens.

Many feel it is a taboo to plan for “bad things”, but the reality is you and your family will be worse off if you do nothing until it happens.

PHOTO ILLUSTRATION: PEXELS

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One of life’s quirkier ironies is that many well-off people often end up causing fights among their relatives because they are terrible at managing their own affairs, especially in their old age.

Take a local retired high-flying lawyer in his 80s who failed to make plans for himself even though he spent his entire career helping others do so.

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