Money for two
Money moves for two: a home, a will, nominations and one picture of it all.
Curated by the MAS-licensed financial planners on the Sum team.
Talk money first
What each of you earns, owes and saves, and how shared bills are split. Common ways: half each; by pay, so each puts in the same share of their income; or three pots, a joint account for shared bills with the rest kept apart. Couples who share the numbers early have fewer surprises later.
A first home together
The Fiancé/Fiancée Scheme lets a couple apply for an HDB flat before the wedding. Many couples hold their home as joint tenants, so it passes to the other.
Marriage and your will
Getting married cancels an earlier will, unless it was made with the marriage in mind. A new will after the wedding says what you want now.
Nominations to redo
Marriage cancels a CPF nomination, so it is made again afterwards. Insurance nominations are worth a look at the same time.
Cover for each other
When one of you relies on the other's income, life and disability cover protects the household. Each of you needs your own hospital cover.
An LPA each
A Lasting Power of Attorney names who decides for you if you can't. Many couples name each other, with a second person as backup.