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?

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.

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.