i got a cute little plan which is practised in FRANCE that might help solve looking after the aged and youngsters apphrensive that they might not be able to own a pigeonhole by sloughing their whole life.
it's a very simple plan and some legality must be applied.
our nation is aging. many remain single. as this carries on, there would be less siblings or young generation to look after the aged and the sick. now these people could be very rich. they most probably have already owned a HDB pigeonhole bought earlier at very much cheaper price.
the solution is to match a young to a old. the old bequeaths his HDB property to the young with conditions that he shall be responsible in looking after him when the latter old person becomes a permanent invalid.
as a reward, the old person might also reward for the young one for his care and concern by leaving all his inheritance to him.
all these have to be written in black & white with supportive LEGAL documents. the social welfare must get themselves involved to checking on the young/old combination. especially if the young defaults on this, they would be severely charged or even imprisoned for maltreatment or abuses.
well, what do you guys think? workable?
it's a very simple plan and some legality must be applied.
our nation is aging. many remain single. as this carries on, there would be less siblings or young generation to look after the aged and the sick. now these people could be very rich. they most probably have already owned a HDB pigeonhole bought earlier at very much cheaper price.
the solution is to match a young to a old. the old bequeaths his HDB property to the young with conditions that he shall be responsible in looking after him when the latter old person becomes a permanent invalid.
as a reward, the old person might also reward for the young one for his care and concern by leaving all his inheritance to him.
all these have to be written in black & white with supportive LEGAL documents. the social welfare must get themselves involved to checking on the young/old combination. especially if the young defaults on this, they would be severely charged or even imprisoned for maltreatment or abuses.
well, what do you guys think? workable?