No one likes to talk about death, but it is inevitable. So, when we talk about making a will, a person is forced to think about their death. It is not a pleasant topic for anyone. But everyone should distribute their assets according to their wishes so that they reach the right person when the owner dies. If you cannot hire a lawyer, you can make a will online in Singapore. Let us discuss scenarios of will writing you need to know before writing your will.
Mistakes to Avoid While Making a Will in Singapore
Not Having Two Witnesses:
As per the section 6(2) of Singapore wills act the testator must sign the will in the presence of minimum two witness and only then the court will recognize the will. If the will owner fails to do so, the law has all the rights to declare the will as void.
Witness Can’t be Beneficiary:
Another mistake a person can make is using beneficiaries as the witness in a will. However, it is important to understand that both witnesses shall not benefit from the will in any way.
Distributing the Joint Properties:
Any kind of joint property cannot be distributed in a will in Singapore. In case the person dies, the property goes to the other joint account owner automatically. However, the property needs to be owned as tenants in common, the share of deceased can pass on to the beneficiary as per the will.
Distribution of CPF Money and Insurance Payouts:
CPF and insurance money requires separate CPF nomination to distribute the money as per the wish of the owner. In case of insurance money, a Separate nomination under the nomination of beneficiary’s act is to be made. Rest will include the Insurance policies under assets list.
Conclusion
If you are making a will in Singapore, you could make the above-discussed mistakes, and the court can prove your will as null in the court. NobleWills is an online will writing platform that has professional lawyers to answer your queries related to the will writing.
They have layers to review your will. When you receive your will, NobleWills also sends clear signing instructions to avoid any mistake. For more, reach out to their website now!
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