Will making

[henrylbh]

Making a Will

NTUC income is offering the service at -

$160.50 per Will or $321 for a Mutua Will (two identical Wills) payable to NTUC Income. This is our special price to our policyholders. For non policyholders, the charges are between $250 and $500. If we can be of further assistance, please let us know.

Any feedback on making a Will instead of allowing it to the law?

Presently, I have no Will as I only have a sole beneficiary according to the law.

 

[GenuineSeller]

NTUC income is offering the service at -

$160.50 per Will or $321 for a Mutua Will (two identical Wills) payable to NTUC Income. This is our special price to our policyholders. For non policyholders, the charges are between $250 and $500. If we can be of further assistance, please let us know.

Any feedback on making a Will instead of allowing it to the law?

Presently, I have no Will as I only have a sole beneficiary according to the law.

Quite EX.... I feel.

What do you mean Sole Beneficiary?

If one doesnt have a Will, your estate will be distributed using the Intestate Succession Act.....

 

[Jarlaxle]

i think he meant, hes got one person to inherit his assets only according to the Act

 

[audiovideo]

i think is good price
great service!!

i hate to look for lawyer
this service will save us a lot of trouble

income is really doing things for the ppl

 

[Cashcow]

Cheap for policyholder but for non-policyholder, it is a bit on the high side.

I know will writing firm that charges from $200 onwards.

 

[dadaway]

NTUC is a great choice if you don't have much to give away.

 

[jarvis]

It really depends on the complexity of your will. If your will is going to be so simple that two persons can have identical wills, then it's something you can go get some book / internet research and draft yourself. Of course, the risk of doing it yourself is that if you make a mistake, it won't be discovered until it's too late.

for those standard wills, they will (a) appoint the executor, and substitute executor if the first one dies before you, (b) any specific bequeaths (e.g. property, car, etc), (c) bequeath of residue property, (d) empower the trustee to sell for cash. Then make sure the two witnesses are not beneficiaries under the will. Then if you want, you can register your will with the Wills Registry (free).
http://app2.ipto.gov.sg/IPTOService...onwiththeWillsRegistry/tabid/384/Default.aspx

If you need a more complicated will, then you ought to instruct a lawyer to get it drafted properly.

 

[blue_yoghurt]

NTUC income is offering the service at -

$160.50 per Will or $321 for a Mutua Will (two identical Wills) payable to NTUC Income. This is our special price to our policyholders. For non policyholders, the charges are between $250 and $500. If we can be of further assistance, please let us know.

Any feedback on making a Will instead of allowing it to the law?

Presently, I have no Will as I only have a sole beneficiary according to the law.

hmm, i don't want to sound rude but i think perhaps you should get one done for yourself too. that way you'll sound more convincing to your clients when you explain to them the advantages of writing a will mah.

 

[audiovideo]

It really depends on the complexity of your will. If your will is going to be so simple that two persons can have identical wills, then it's something you can go get some book / internet research and draft yourself. Of course, the risk of doing it yourself is that if you make a mistake, it won't be discovered until it's too late.

simply irresponsible of what your are saying
if you are not interested in the service just shut up and go other thread

 

[wleo1669]

A will writing will ensure all your assets will be distribute to the correct beneficiary at the correct timing. And it should be advise and written by a lawyer together with your financial consultant to ensure it is a legal document recognised by the court. Why a financial consultant is involve because he or she is in view as where are your assets and how many life policies you have. But of course, you can do it without him/she if you are very clear of your assets.

For example, it will be a emotion drain within the family to fight for the allocation of the assets. Thinking they deserve more from the assets left behind.

Leaving it to the law means the asset allocation will follow a default distribution protocol.

Hope this helps.

 

[henrylbh]

It really depends on the complexity of your will. If your will is going to be so simple that two persons can have identical wills, then it's something you can go get some book / internet research and draft yourself. Of course, the risk of doing it yourself is that if you make a mistake, it won't be discovered until it's too late.

for those standard wills, they will (a) appoint the executor, and substitute executor if the first one dies before you, (b) any specific bequeaths (e.g. property, car, etc), (c) bequeath of residue property, (d) empower the trustee to sell for cash. Then make sure the two witnesses are not beneficiaries under the will. Then if you want, you can register your will with the Wills Registry (free).
http://app2.ipto.gov.sg/IPTOService...onwiththeWillsRegistry/tabid/384/Default.aspx

If you need a more complicated will, then you ought to instruct a lawyer to get it drafted properly.

Even if it's a simple will, the person must be aware of certain matters like hdb joint tenancy wont be recognised in a will. Neither will money in the cpf, if there is a nomination among others including some insurance nominations. So dont just google and simply draft your own will as it may be invalid or no enforceable the way you like.

 

[devilish_me]

it is definitely possible to write your own will as long as you have legitimate witnesses for it. of course, you'll need to know what to write in your will...and what are the stuffs that won't fall under the will e.g. apart from cpf related stuffs which require a nomination, section 72s...the muslims also are only allowed to will away a certain portion of their assets. for couples, better to include clause to state how the assets would be distributed if both pass on together.

 

[Leion]

Anybody got any recommendations for lawyers to make will ?

 

[matchy]

Anybody got any recommendations for lawyers to make will ?

u do not need a lawyer to make a will~~

PM me if u need to make a will

 

[siewloong88]

Recommended lawyer to do a Will?

Hi,

Does anyone has recommended lawyer to do a will? Any recommendation will be most appreciated, thanks much!

 

[kebinu]

Mr Low Sau Bing | Skills Explorer Training Singapore

He's a will writer, about $250/ will or something.

 

[siewloong88]

Thanks very mch for the info, I will check it out.

Thanks again!

 

[kebinu]

He will also guide you thru the whole process. Affordable and straight to point.

 

[cheongking888]

I would suggest that you get a qualified lawyer to draft the Will.

Reasons as follows:

a) Anything cockup, the lawyer with Practicing Certificate has a mandatory Professional Indemnity insurance to pay the negligence.

b) During the process of taking up the Grant of Probate, besides the original Will needs to be submitted to the court, the drafter of the Will may be required to affirm an affidavit that the will was interpreted to the Testator (if he or she was illiterate in English). The judge must be satisfied that the Will was properly drafted and interpretated before granting the Order-In-Terms.

c) A Will, if drafted by someone not well versed in law, say Inheritance (Family Provision) Act, may open up for challenge by the immediate family members.

Worse scenerio if the Testator is in the late stage of illness, the drafter must ensure that the Testator has the mental capacity to understand the nature and the content of the Will.

 

[anddrool]

I also agree that will should be draft by lawyers.

Anybody can draft a will. It can be written on a piece of paper in plain simple english and it is legal. But the question is can the will stand up to stand up to legal scrutiny.
For example, if someone contest against the will such as mental capacity, influence by environment, etc, is the will able to stand up against such contest.