Picture this. One day, you’re unable to make the crucial life decisions that shape your future, from managing your finances to selecting your healthcare. Sounds scary, right? Let’s
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Understanding Intestacy: What Happens When You Die Without Will
Picture this: you’ve worked hard your entire life, accumulating assets and building a legacy. But what if, upon your passing, certain assets are left out of the will?
How Wills Registry helps your loved ones locate your will
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
Does a will override all insurance nominations?
If you have made will, you know the importance of making your asset distribution clear so no confusion for your family members. But have you made an insurance
The Shocking Truth About Lasting Power of Attorney: A Wake-Up Call
If you have $40 million in assets, who would you trust to look after them? Apparently, Madam Chung Khin Chun, a wealthy widow with so much money, trusted her former
How will joint account investments be distributed if a person dies without a will?
Recently I received some questions from one of my readers of the blog. He asked if a person dies without a Will, how will the investments under joint account be distributed? I
Revised Guide to the Nomination of Insurance Nominees
In conjunction with the implementation of the new legal provisions in the Insurance Act on beneficiary nominations, the Life Insurance Association Singapore (LIA) issued a consumer guide, Your
What happens to your investments under the CPF Investment Scheme (CPFIS) if you pass away?
Investment proceeds under CPF Investment Scheme (CPFIS) are not covered under the CPF nomination.  If you pass away, your investments under the CPFIS and any cash held in his
What happens to your HDB if you pass away
Most of the HDBs in Singapore are held in joint tenancy. Under joint tenancy, if one of the flat owners passes away, the deceased joint tenant’s share or
Who can claim your CPF savings when you die without legal heirs and nominees?
In my recent article How will your CPF savings be distributed if you are no longer around, I explained that if you pass away without proper Nomination, your