Singapore Just Launched Digital Advance Care Plan. Here’s How Wealth Managers Can Monetize It.

Regina Tan
Jul 19
3 min read

Updated: Jul 21

The Singapore Government recently rolled out a digital Advance Care Planning (ACP) tool on MyLegacy - a well-timed initiative aimed at helping individuals document their healthcare preferences before they lose mental capacity.

Much like the push for digital Lasting Power of Attorney (LPA) in recent years, this rollout is expected to be followed by government-led awareness campaigns to encourage proactive care planning.

The government’s ACP initiative is a significant and major step forward, removing a key barrier to getting started. But another challenge remains: knowing what to think about - and how to decide.

The Tool Is Now Digital. The Thinking Still Isn’t.

Digitizing ACP makes form submission easier. But it doesn’t make decision-making easier.

Most people struggle with questions like:

What kind of care would I want if I am seriously ill?
Who should make decisions on my behalf?
What are my personal beliefs about dignity, suffering, and end-of-life priorities?

These decisions are rarely made in isolation. They intersect with estate plans, dependent support, asset distribution, insurance coverage, and legacy values - all of which affect a client’s care planning choices.

Planning Gap = Advisor’s Opportunity

This is a crucial opportunity for wealth managers.

Helping clients think holistically about elderhood, care preferences, and end-of-life planning doesn’t just deepen trust, it also helps you:

Uncover financial blind spots
Align solutions with real-life scenarios
Position the right products at the right time

When clients start thinking beyond just their finances, they often uncover gaps - in protection, liquidity, caregiving costs, and legacy planning - that advisors can help address.

Whether it’s funding long-term care, adjusting portfolio allocations, or protecting multi-generational wealth, these planning conversations lead directly to revenue-generating opportunities.

The Government Tool Isn't Designed for Advisors

The government’s digital Advance Care Planning tool is made for citizens - not for wealth managers. It doesn’t allow advisors to manage, view, reuse, or support client plans in a structured way.

It’s a one-time, client-only form. There’s no workflow, no engagement loop, and no link to financial strategy.

That’s where YEPPA, your elderhood planning personal assistant, and its Letter of Wishes (LOW) Generator comes in.

YEPPA & the LOW Generator: A Smarter, Scalable Planning Engine

Unlike the standalone ACP tool, YEPPA is built for advisory use - to help financial professionals guide clients through comprehensive elderhood and legacy planning.

With the LOW Generator, you can:

Guide clients through structured, bite-sized questions that cover ACP, LPA, Will, Advance Medical Directive (AMD), caregiving, dependent and pet care, and values-based planning
Auto-generate planning documents that surface personal priorities, expose financial gaps, and support product recommendations
Share downloadable sections with lawyers, doctors, and family decision-makers
Deepen long-term relationships by engaging not just the client, but their entire family network

This is how you shift from transaction-based advice to life-stage planning and unlock more meaningful, monetizable conversations.

Monetize the Momentum with YEPPA Business & Enterprise

YEPPA is designed to fit seamlessly into your practice:

Use YEPPA Business to manage multiple client plans, deliver structured guidance, and earn affiliate revenue when clients continue independently
Launch your own YEPPA Enterprise platform to offer white-labeled experiences, reduce client acquisition cost, and expand your service footprint - all while retaining client data and brand value

(Check out YEPPA for Wealth Managers here.)

Whether you want to bundle it with insurance, integrate into retirement plans, or offer it as part of a premium advisory tier, YEPPA is built to help you grow.

Take the Next Step

If you’re ready to turn ACP awareness into actual business value, here’s how to get started:

Learn more about YEPPA for Wealth Managers here.
Try the Letter of Wishes Generator (Paid feature with 7-day free trial) here.
Reach out to us at j@immortalize.io to discuss how to use YEPPA Business and YEPPA Enterprise for your business; or
Join our upcoming webinar - Living to 100 Is the New Norm: Here’s How to Plan Smarter, Age Better here.