Writing a will in Singapore is an important part of estate planning that can provide peace of mind for you and your loved ones. By following these steps, you can create a will that is legally valid and reflects your wishes for the distribution of your assets and possessions.
To start, take some time to decide what you want to include in your will, such as who you want to inherit your property and any special instructions you may have. You should also choose a trusted executor who is organized and responsible to carry out your wishes.
It is recommended to consult with a lawyer in Singapore to ensure that your will is legally valid and to navigate any complex issues. Your lawyer can also advise you on any tax implications and considerations for the distribution of CPF savings or property held in joint tenancy.
To avoid any confusion or misunderstandings, be specific when writing your will and consider updating it periodically, especially in the event of major life changes. It is also important to store your will in a safe place where it can be easily accessed by your executor and trusted family members.
In summary, by following these steps and working with a lawyer if necessary, you can create a will in Singapore that provides peace of mind for you and your loved ones.
Below is our 6 Steps checklist to underwriting a will:
- Decide what you want to include in your will.
- Choose an executor.
- Consult with a lawyer.
- Be specific.
- Keep your will up-to-date.
- Store your will in a safe place.