Drafting or writing your Will yourself is a good thing. However, you may still make mistakes that may invalidate your Will. The following are just some of the possible errors a person make make in the process of doing their Will on their own. Making a Will but not signing it It is not unusual […]
Month: April 2019
Testamentary trust and the “problem” dependent
If you have a spendthrift dependent or one who is unable manage money instead of making him/her a beneficiary of your Will you should consider creating a Testamentary Trust in your Will to protect that person’s inheritance.
The Role of a Guardian appointed by a Will
The role of a person appointed as Guardian in a Will is to raise the children. Nothing else. The exception would be when the guardian is also appointed as the executor and trustee. Otherwise, the guardian does NOT get to manage the children’s inheritance. It’s the trustee that is solely responsible for management of the […]
Executor of a Will in Singapore
Who can be an executor of a Will in Singapore? In Singapore anyone over 21 years can be named as executor and trustee of a Will. A beneficiary in can certainly be made executor and trustee of a Will in Singapore. In fact, except for young beneficaries its usually a good idea to have a […]
How Section 26 of the Wills Act works if a child beneficiary of the will maker dies first
If a child beneficiary of a will maker dies before the will maker Section 26 of the Wills Act sets out the default outcome if the Will doesn’t provide for this situation.