CPF nomination question

[sohguanh]

A friend husband passed away.
Beneficiary was his mum.

So your friend not happy never get the monies instead go to the mum?

 

[qhong61]

Maybe the wife inherited other stuff

Their three children.

 

[reddevil0728]

Their three children.

i mean i wouldn't characterise children as being "inherited". Anyway not important

 

[qhong61]

So your friend not happy never get the monies instead go to the mum?

They have three school going kids.
Still need to support.
Now she is working two jobs.

 

[qhong61]

i mean i wouldn't characterise children as being "inherited". Anyway not important

Nothing. Unless u mean the flat which already fully paid equally by them.
So doesn't benefit from the insurance.

 

[qhong61]

Which could be quite common as often, the mother and the daughter-in-law don’t get along.

They are like mum and daughter.

 

[reddevil0728]

They have three school going kids.
Still need to support.
Now she is working two jobs.

Nothing. Unless u mean the flat which already fully paid equally by them.
So doesn't benefit from the insurance.

anyway that's the reality.
the kids also the grandkids of the the husband's mom.
nothing we can do about it anyway.

 

[luckygal]

They have three school going kids.
Still need to support.
Now she is working two jobs.

Having 3 kids with a mommy’s boy is the worst thing that can happen. If the husband’s mom didn’t help financially, get your fren to cut off ties with that side of people. Btw your fren also has a legitimate reason to change the surname of the kids. In life cannot be too soft hearted.

 

[qhong61]

Having 3 kids with a mommy’s boy is the worst thing that can happen. If the husband’s mom didn’t help financially, get your fren to cut off ties with that side of people. Btw your fren also has a legitimate reason to change the surname of the kids. In life cannot be too soft hearted.

The children are quite close with their grandma.

 

[reddevil0728]

The children are quite close with their grandma.

and the grandma not going to help support the kids?

 

[qhong61]

and the grandma not going to help support the kids?

And think the insurance policy also under the mum if I didn't remember wrongly.

 

[qhong61]

and the grandma not going to help support the kids?

Did the cooking when she goes to work.

 

[luckygal]

The children are quite close with their grandma.

Then ok lah. Grandma will surely help financially. If Grandma doesn’t then what closeness is all crap. Time to cut off.

 

[reddevil0728]

And think the insurance policy also under the mum if I didn't remember wrongly.

Did the cooking when she goes to work.

So what's the "issue/point/question" being raised here ah?

other than an individual having all the rights in the world to determine where their cpf money, insurance and estate goes to.

 

[fr33d0m]

They have three school going kids.
Still need to support.
Now she is working two jobs.

They are like mum and daughter.

Then does it matter who is the nominee?

 

[reddevil0728]

Then does it matter who is the nominee?

technically it might. As the mum will / nomination or intestate succession act will matter when the mum passes

 

[sohguanh]

They have three school going kids.
Still need to support.
Now she is working two jobs.

Deceased mum is holding the monies and then help the 3 kids financially correct? This is good strategy from the guy side becuz if give to wife dunno how soon she go outside find another using deceased inheritance. If wife is loyal no worry. But to be fair once all 3 kids grow up and start working it is only fair let mum find another as cannot be widow forever correct? Then I think deceased monies go to mum no issue

 

[fr33d0m]

technically it might. As the mum will / nomination or intestate succession act will matter when the mum passes

with 3 school going kids, CPF unlikely forms the most of the assets of the household, especially with fully-paid flat.

 

[sohguanh]

They have three school going kids.
Still need to support.
Now she is working two jobs.

Let me share another real life case close to me. Hubby deceased hubby family ask wife can go find another no need wait so long. You know why? Becuz they want to find another man to help feed the 1 son 1 dotter. They from Msia and that stupid guy to take over is someone close to me. Now that son dun wanna do NS so study Spore using foreigner rate now looking for job in Spore no luck but got stupid guy feed.

So what I am saying is your friend is lucky the deceased mum never ask her faster go look for another to help feed the 3 kids as the inheritance should be enough.

 

[reddevil0728]

Deceased mum is holding the monies and then help the 3 kids financially correct? This is good strategy from the guy side becuz if give to wife dunno how soon she go outside find another using deceased inheritance. If wife is loyal no worry. But to be fair once all 3 kids grow up and start working it is only fair let mum find another as cannot be widow forever correct? Then I think deceased monies go to mum no issue

No certain about that view.

with 3 school going kids, CPF unlikely forms the most of the assets of the household, especially with fully-paid flat.

Yea but there’s still a diff in terms of money going to who

Let me share another real life case close to me. Hubby deceased hubby family ask wife can go find another no need wait so long. You know why? Becuz they want to find another man to help feed the 1 son 1 dotter. They from Msia and that stupid guy to take over is someone close to me. Now that son dun wanna do NS so study Spore using foreigner rate now looking for job in Spore no luck but got stupid guy feed.

So what I am saying is your friend is lucky the deceased mum never ask her faster go look for another to help feed the 3 kids as the inheritance should be enough.

A bit hard to follow.