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Who do childless cat ladies leave their fortunes to?
Nieces, pets and laughing heirs could be on the gangster auntie’s list.
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Even the kindest, most generous aunties morph into hard-nosed gangsters when it comes to their bequests, says the writer.
ST ILLUSTRATION: MIEL
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My girlfriends and I are at that age where we’re reviewing plans for the next 30 to 40 years we have left, and what sort of legacy we’d like to leave behind.
For me, the issue hit home a few months ago when the officer dealing with my CPF query asked if I’d nominated a beneficiary for the funds in my soon-to-be retirement account. My knee-jerk reaction was to think of my husband, who’s 11 years older than me, and my mother, who’s 86. I was stumped trying to come up with a suitable person who is younger than me.
