You are a responsible person and you have written a will. But where to store it (or hide it)? You do not want to tell the whole world that you have a will, yet someone has to be able to find it if you pass away.
In Singapore, there is no central storage area for Wills, but you can deposit the information of your Will to the Wills Registry. Such information include where the Will is held and information regarding the testator.
Although this is not compulsory, the number of deposits had been increasing over the years. According to a press published by the Insolvency and Public Trustee’s Office (IPTO), there were a total of 14,647 deposits in 2013 compared with 10,904 in 2012.
How to deposit your will information? How much does it cost? Who has access to this information? Let me explain…