(Questions) Inheritanxe without a Will in sg

[knowwhatyouwantinlife]

Would like to ask the members here how is inheritance distributed to family members if no will has been written...the cpf and hdb part is straightforward with the assets going to the spouse first...what about shares in cdp, money in posb savings account, cash value from life insurance? Appreciate your kind advise and insights

 

[doppel]

If you do not have a will, your assets sans your CPF will be distributed under the Intestate Act:

https://www.gjclaw.com.sg/articles/laws-of-intestacy-in-singapore/

For CPF monies, they will be distributed under your CPF nomination; the monies cannot be included under a will (don't ask me why).

 

[halsey02]

Would like to ask the members here how is inheritance distributed to family members if no will has been written...the cpf and hdb part is straightforward with the assets going to the spouse first...what about shares in cdp, money in posb savings account, cash value from life insurance? Appreciate your kind advise and insights

It goes to Public Trustee Office?

 

[Valium]

Goes to PAP.

 

[Grace]

 

[Grace]

 

[Grace]

Would like to ask the members here how is inheritance distributed to family members if no will has been written...the cpf and hdb part is straightforward with the assets going to the spouse first...what about shares in cdp, money in posb savings account, cash value from life insurance? Appreciate your kind advise and insights

Hdb-if Tenancy in common,
can be big problem.
must apply Letter of Administration.

if joint tenancy,
then straightfwd.


Posb-when my brother passed away, my parents claimed his money from Posb with his Death Cert. Fast and simple.

I dont know abt other banks.

 

[Grace]

Another issue-if he has outstanding loans,
credit cards, etc,
their lawyers are very quick to know and
will send Letter of Demand,
yes, just like ah long.
to chase payment.

 

[halsey02]

Another issue-if he has outstanding loans,
credit cards, etc,
their lawyers are very quick to know and
will send Letter of Demand,
yes, just like ah long.
to chase payment.

Yes, like piranhas smelling blood, but in this case the smell of a cadaver ha ha ha

 

[knowwhatyouwantinlife]

Hdb-if Tenancy in common,
can be big problem.
must apply Letter of Administration.

if joint tenancy,
then straightfwd.


Posb-when my brother passed away, my parents claimed his money from Posb with his Death Cert. Fast and simple.

I dont know abt other banks.

Thanks but I think the amount is limited to 5k or something