Money and Me: What happens to your money if you lose mental capacity?

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Money and Me

Michelle Martin speaks with financial advisors on how to make the most of your money. Learn how to get started,  manage your expenses and start your s… 
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If you suddenly lose the ability to manage your finances, can your spouse or children automatically take over? What happens to your bank accounts, investments and ongoing financial commitments? Lance Alexander speaks with Claudia Tan, Financial Services Director at PhillipCapital, about the differences between a Lasting Power of Attorney (LPA), CPF nomination and will, the gaps that even well-prepared investors may overlook, and how to protect your financial affairs when you can no longer make decisions yourself.

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