DYP Legacy
About Us
At DYP Legacy, we are passionate advocates for the importance of estate planning. Our dedicated team provides holistic estate planning services and advice to ensure that our clients achieve Peace and Dignity in their future.
Our comprehensive services include will planning and writing, Lasting Power of Attorney (LPA) arrangements, trust establishment, business succession planning, and risk mitigation for financial effects caused by death.
Led by Derrick Yip & Partners, with over ten years of experience in estate planning, we have served numerous families and business corporations, guiding them through the complexities of estate planning and business succession.
Our logo, featuring the alphabet "D" shaped like an ear, embodies our commitment to actively listen and understand our clients' unique needs before crafting a bullet-proof estate plan tailored to their specific circumstances.
At DYP Legacy, we believe in doing our part, and we encourage you to do your part (DYP) for your loved ones too. Let us work together to secure your legacy and provide a bright future for your family.
Our services
Will Planning & Writing
Distribute your assets according to your wishes.
Avoid potential disputes among family members.
Decide on and authorise suitable person(s) to administer your estate.
Appoint suitable guardian(s) for your young children.
Save time and legal costs.
Lasting Power of Attorney (LPA)
Appoint suitable person(s) you trust to act on your behalf if you should lose mental capacity.
Plan ahead with an LPA to safeguard your interests and for peace of mind.
Estate Planning
The net value of your estate is calculated by considering your assets, liabilities, fees, and expenses (such as medical bills and funeral costs) as well as the ownership structure of your owned property.
It is advisable to keep your schedule of assets up to date. Create a comprehensive list of all your assets, including properties, bank accounts, Central Provident Fund savings, investments, insurance plans, artwork, jewelry, antiques, and anything else of monetary value. Regularly updating this list ensures that your estate plan remains accurate and relevant.
Business Succession Planning
Business succession planning involves creating a plan for someone to either own or run your business after you retire, become disabled, or die.
Some of the major steps involve:
Selection of suitable person(s).
Valuation of business.
Crafting of legal agreement (such as buy-sell agreement)
Exploring suitable funding mechanisms for buy-sell agreement.
And many more.
The Founders
Derrick Yip
He has ten over years of experiences in estate planning services. He specialises in personal estate planning (especially for married couples without child) and business succession planning.
He also leads a team of Estate Planners in advocating the importance of estate planning.
Ju-Peter Seng
He specialises in estate planning for families (especially for families with young children).
He is passionate in crafting holistic estate plans for families to ensure peace and dignity for families.
Ju-Peter is also actively giving public talks on the importance of estate planning.