101 Reasons to Make a Will

I want to make a Will because …   01. I know the consequences for not having one! 02. I want my assets to be distributed in the way I desire! 03. I know this is the fastest way my family can get the money! 04. I don’t want any conflict to arise when I am gone! 05. I...

Common Misconceptions

The #1 misconception : “A Will must be written by a lawyer”. . The requirements of a valid Will are set out in the Wills Act and it is not a requirement that a Will must be drafted by a lawyer. The Law Society has indicated the same in their website:...

Benefits of Making A Will

Decide Who To Receive Our Assets Decide on who shall receive and benefit from our assets rather than to leave it to the law to decide. Provide For Those Not Entitled Under The Intestacy Law To provide for people who deserve to receive our assets but not entitled under...

Pitfalls of Intestacy Rules

The problems surrounding Beneficiaries determined by Intestacy law are :   No Control over who to give and what percentage to be given to beneficiaries. No Say over the appointment of Executor, Trustee or Guardian. If the deceased leaves behind a spouse and...

Grant of Probate & Letters of Administration

A Grant of Probate is a court order authorizing the executor named in a Will to carry out the duties stated in the Will. Financial institutions and many other authorities require the Grant of Probate before allowing any closure of accounts or transfer of ownership of...

Will Survey

A team of 4 students from Temasek Polytechnic were commissioned by Simply Wills to conduct a marketing survey on the following areas in 2011 :

1. How many of those interviewed do not have a Will written;

2. The reason(s) why they have not written their Wills;

Estate Duty in Singapore

Estate duty is a tax on the total market value of a person’s assets at the date of the death. Estate duty has been removed for deaths on and after 15 Feb 2008!   The deceased’s assets, as a whole, are called an estate. A person’s estate includes : 1. All assets owned...

Will Registry

Introduction Public Trustee maintains a confidential Wills Registry which acts as a central information centre for all Wills that are drawn up, of which notice has been given to the Public Trustee.   Benefits of the Wills Registry In the administration of a deceased’s...