Update on the Royce and Edie Hoy Poy Foundation for Aged Care Inc

Dear readers

Many of you will remember Edie and Royce Hoy Poy who were very much involved with the Chung Wah Association and their care of the aged in the association.

Edie and Royce  left their estate in my care together with Theresa Kwok, Thomas Goh and Esther Chang. She also involved her nephews Grant and Neville and her niece Jacquie Farrace in the foundation which she asked me to set up to help the aged.

It has been a good 3 years since Edie passed away. I have been plodding along trying to find a property to perpetuate her wishes of looking after the aged.

The Foundation has finally purchased a block in Thornlie which is about 910 sqm.

Please visit http://www.hoypoyfoundation.org.au to read about the foundation and what we are doing for the aged.

Do drop me an email if you think you can help.

Night.

Raymond Tan

Buying a franchise business

Dear readers


Are you thinking of buying a franchised business? It may be a good idea especially if you have never been in business before. However, the first step is to get advice to make sure the franchise is a good fit for you. Have a listen to the videocast below for some hints.

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Raymond Tan

Location:East Perth,Australia

Do you want to sign a bank guarantee?

Dear readers

I just saw a client regarding the signing of a bank guarantee.

I had previously blogged on the perils of signing a bank guarantee. The blog post is at http://tanandtanlawyers.blogspot.com.au/2010/09/do-you-want-to-be-guarantor.html


For those who do not like to read. Here is a videocast on why you should not sign a bank guarantee.

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Raymond Tan

Location:East Perth,Australia

Loans of moneys to children

Dear readers


What happens when you transfer moneys to your children to buy a property?

Was there a loan of the money or were the money gifted to them.

This may have serious consequences if your children then split up with their spouse.

Have a listen to the Videocast.

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Raymond Tan

Location:East Perth,Australia

Do you want to be a director of a company

Dear friends

If you are being asked to be a director of a company, I suggest you listen to this podcast.



Directors of companies have significant responsibilities especially if the company is found to be insolvent. So tread with care if you want to be a director.

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Raymond Tan

Location:Terrace Road,East Perth,Australia

Location:East Perth,Australia

Enduring Powers of attorney and guardianship

Dear readers

Have returned to Perth after spending time with my mum in hospital.

I think an enduring power of attorney is an issue that needs to be considered by all clients when facing failing health. Here is a video which might help.

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Location:Oxford Street,Kensington,Australia

Getting ready to leave Singapore

Dear readers


It has been a tough few days watching my mum deal with her failing health.

Kenneth and Serene have been great hosts. Having wine with Kenneth at the end of a long day of caring for mum has been a real relief.

I leave knowing big brother Charles and my other siblings will do a great job looking after her.

The boys said their good byes to her tonight. I managed to spend quite a few hrs holding her hand while she slept. The memories of all she has done for the Tan family brings a few tears to my eyes and I grab my sunglasses so no one can see my tears.

I believe mum has the strength to get out of this weak spell as her voice is still strong.




















I am confident I will have to return in Jan to see her again. She has the sort of fighting spirit that got her to being the mother of 10 kids and 25 grand kids and at least 5 great grand kids.



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Location:Yishun Ring Road,Yishun,Singapore