In Singapore, wills are governed by the Wills Act, which states that a testator may devise, bequeath or dispose of his real or personal estate, via a will. Formalities of a Will The requirements for a valid will in Singapore are: The will must be committed to writing. The testator must be at least 21 years […]
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Are you an unmarried single, married with children or a divorcee? No matter who you are, and which stage of life you’re at, writing a will is every adult’s personal responsibility to ensure that our loved ones are properly taken care of, when we pass away. For example, you may want to allocate monies to family members […]
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Estate planning is the process of planning how you want your estate (i.e. all the assets you have at the point of death) to be managed and transferred after your death. In Singapore, estate duties or “inheritance tax” is not payable for persons dying on and after 15 February 2008. You therefore don’t have to worry about planning […]
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