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[Financial planning] Does legacy solely refer to passing wealth to children? If there are no children, how should the inheritance of wealth be arranged?

Increasingly, people are choosing childlessness, marrying later, or remaining single, focusing on achieving personal goals and living a life of freedom. In this context, a core question emerges: Without children, does financial planning lose its meaning? Or is it time to step outside the traditional framework and redefine what ‘legacy’ means?

finance
[Finance Wiz @Daniel] A guide to the 3 major wealth transfer tools and their features — how advance planning helps you achieve ideal asset distribution!

Wealth transfer is not reserved for the rich. Every family, regardless of the size of their assets, has something worth passing on — whether it’s an education fund for children, financial protection for loved ones, or even family values handed down through generations. Today, I, Daniel Lau, will walk you through three key wealth transfer tools, their pros and cons, and practical ways to build a legacy plan that works for your family.

lifestyle
[Insurance scams] Man loses HKD820,000 in fake insurance text message trap – 5 tips to help you fight off fraudsters

One middle‑aged man, misled by a fraudulent message, ended up losing as much as HKD820,000. This type of scam isn’t fabricated; it is carefully designed and methodically executed, making it difficult to guard against. The best way to safeguard your finances is to understand how these scams work and learn how to protect yourself.

health
[Chikungunya fever hits Hong Kong] Symptoms similar to dengue? Your guide to transmission, symptoms, treatment & prevention!

According to the Guangdong Provincial Centre for Disease Control and Prevention, over 4,000 cases had already been recorded in Guangdong province by the first week of August. In Hong Kong, local cases also began to emerge in October, and the potential risk of community outbreaks should not be overlooked. Learn about Chikungunya now and take timely, appropriate precautions to protect yourself and your family — whether you're traveling abroad or staying in Hong Kong.

finance
[Finance Wiz @Daniel] A guide to the 3 major wealth transfer tools and their features — how advance planning helps you achieve ideal asset distribution!

Wealth transfer is not reserved for the rich. Every family, regardless of the size of their assets, has something worth passing on — whether it’s an education fund for children, financial protection for loved ones, or even family values handed down through generations. Today, I, Daniel Lau, will walk you through three key wealth transfer tools, their pros and cons, and practical ways to build a legacy plan that works for your family.