<![CDATA[Will - Draft out a will from lawyer]]>Hi, anyone has ever asked a lawyer to draft out a simple will before? What is the price for a simple will that consist the usual normal assets we have, eg. CPF, house, insurance. What are the documents require and procedure? Any lawyer to recommend? TIA 😄

]]>https://forum.kiasuparents.com/topic/12521/will-draft-out-a-will-from-lawyerRSS for NodeThu, 30 Apr 2026 21:15:03 GMTThu, 22 Jul 2010 02:36:52 GMT60<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 15 Jun 2018 09:45:46 GMT]]>anyone of you did for your school children already?

]]>https://forum.kiasuparents.com/post/1852380https://forum.kiasuparents.com/post/1852380Fri, 15 Jun 2018 09:45:46 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Mon, 28 May 2018 10:09:29 GMT]]>You’re getting ready something as main as your authoritative document, take no chances and counsel a legal specialist.

]]>https://forum.kiasuparents.com/post/1850028https://forum.kiasuparents.com/post/1850028Mon, 28 May 2018 10:09:29 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 22 Oct 2010 10:01:12 GMT]]>

ZacK:
correct me if i am wrong... think a beneficiary can be executor but cannot be witness...

Yes.
I'm both executor and (one of the) beneficiaries for my Mom's will.
But cannot be witness.

]]>https://forum.kiasuparents.com/post/280802https://forum.kiasuparents.com/post/280802Fri, 22 Oct 2010 10:01:12 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 22 Oct 2010 09:41:48 GMT]]>

ZacK:
correct me if i am wrong... think a beneficiary can be executor but cannot be witness...

I think so.

]]>https://forum.kiasuparents.com/post/280784https://forum.kiasuparents.com/post/280784Fri, 22 Oct 2010 09:41:48 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 22 Oct 2010 09:30:51 GMT]]>correct me if i am wrong… think a beneficiary can be executor but cannot be witness…

]]>https://forum.kiasuparents.com/post/280765https://forum.kiasuparents.com/post/280765Fri, 22 Oct 2010 09:30:51 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 22 Oct 2010 01:11:54 GMT]]>I tot a beneficiary cannot act as an executor at the same time?

]]>https://forum.kiasuparents.com/post/280337https://forum.kiasuparents.com/post/280337Fri, 22 Oct 2010 01:11:54 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 21 Oct 2010 17:04:42 GMT]]>If the separate identification / description of items to be left clear. For example, "the contents of the UOB bank account 123456" or "property for the 123 known as Bt-Timah." Remember, some things can not be left will be contained in the above post by

]]>https://forum.kiasuparents.com/post/280291https://forum.kiasuparents.com/post/280291Thu, 21 Oct 2010 17:04:42 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 23 Jul 2010 21:05:16 GMT]]>Glad I stumble upon this thread…great information thanks to all. Dh and I have also been thinking of approaching a professional to draft a will for a long time. We do not have much assets as such the purpose of drafting a will is more to make sure our only child be protected should anything happen to both of us. However, we couldn’t agree on who do we want to entrust our child to, to execute the will and more importantly to be the legal guardian.


Anyone here have similar woes?

]]>https://forum.kiasuparents.com/post/224001https://forum.kiasuparents.com/post/224001Fri, 23 Jul 2010 21:05:16 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 23 Jul 2010 18:57:41 GMT]]>if the bank account is held in joint name and one party passed away, does it mean that the money under this account is automatically passed to the surviving account holder?


will half of the balance in that account form part of the estate of the deceased and distributed as in the will?

]]>https://forum.kiasuparents.com/post/223995https://forum.kiasuparents.com/post/223995Fri, 23 Jul 2010 18:57:41 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 23 Jul 2010 14:40:04 GMT]]>

mwchua:
Correct me if I am wrong - I thought distribution of bank balances fall under the will, i.e. it can be willed away.


The following are subjected to specfic nominations made & not subject to will:

- CPF: As per CPF nomination;
- NTUC Income policies: As per policy nomination
- Property: If under joint tenancy, then to surviving owner.

The rest of movable & immovable assets all should all fall under the will. Pls help to advise if my understanding is correct.

Thanks 🙂
Correct I think.

Except for 1 thing that I am not sure: ie. where there is no CPF nomination.

Can't recall whether it can be \"willed away\" or whether it comes under our intestate succession laws. :?

Gecko

]]>https://forum.kiasuparents.com/post/223883https://forum.kiasuparents.com/post/223883Fri, 23 Jul 2010 14:40:04 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 23 Jul 2010 05:45:56 GMT]]>Correct me if I am wrong - I thought distribution of bank balances fall under the will, i.e. it can be willed away.


The following are subjected to specfic nominations made & not subject to will:

- CPF: As per CPF nomination;
- NTUC Income policies: As per policy nomination
- Property: If under joint tenancy, then to surviving owner.

The rest of movable & immovable assets all should all fall under the will. Pls help to advise if my understanding is correct.

Thanks 🙂

]]>https://forum.kiasuparents.com/post/223425https://forum.kiasuparents.com/post/223425Fri, 23 Jul 2010 05:45:56 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 23 Jul 2010 05:33:10 GMT]]>

daisyt:
Some facts to share with you all.


CPF funds and proceeds of insurance policies devolve upon
beneficiaries nominated under the CPF rules or in the insurance policy. They
therefore cannot be given away in your will. If there is no nomination for
CPF, the CPF fund/shares and interest will devolve in accordance with
Intestate Succession Act and not in accordance with the Will.

Joint property (e.g. joint tenancies in real property) may pass to
a surviving joint owner automatically on the death of the other joint
owner(s). For all bank accounts, it depends on the bank mandate. Again, you
cannot will these assets away.
so for nominations for CPF- If put 98% DH , 1% DD and 1% DS. That way should both DH and me kick the bucket at the same time, the money can still go to DD and DS only ...

Why i want this- :?
One the money will be held in trust till kids reach the legal age if there is no nomination or the nominee is not alive
two eliminates any one else making claims as heirs

Any advice ???

:?:

]]>https://forum.kiasuparents.com/post/223399https://forum.kiasuparents.com/post/223399Fri, 23 Jul 2010 05:33:10 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 23 Jul 2010 05:06:35 GMT]]>My Mom had her will drafted aboout 20 years ago. Cost was S$250. I am the executor and one of the beneficiaries but not one of the two witnesses required. You can go to a Notary Public for that (witnesses), and if the lawyer has that department in their office, even better. Can draft and sompa altogether in the same office.

]]>https://forum.kiasuparents.com/post/223369https://forum.kiasuparents.com/post/223369Fri, 23 Jul 2010 05:06:35 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Fri, 23 Jul 2010 02:06:15 GMT]]>Some facts to share with you all.


CPF funds and proceeds of insurance policies devolve upon
beneficiaries nominated under the CPF rules or in the insurance policy. They
therefore cannot be given away in your will. If there is no nomination for
CPF, the CPF fund/shares and interest will devolve in accordance with
Intestate Succession Act and not in accordance with the Will.

Joint property (e.g. joint tenancies in real property) may pass to
a surviving joint owner automatically on the death of the other joint
owner(s). For all bank accounts, it depends on the bank mandate. Again, you
cannot will these assets away.

]]>https://forum.kiasuparents.com/post/223159https://forum.kiasuparents.com/post/223159Fri, 23 Jul 2010 02:06:15 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 22 Jul 2010 14:50:15 GMT]]>You don'treally need a lawyer. A simple will:


1st Para
Revole all your former wills and similar documents (eg a codicil) where ever made.

2nd Para

Appoint an executor and trustee of your will. If you are kiasu, appoint a replacement should he/she dies before you.


3rd Para

Set our who you want to give things to (ie beneficiaries). Like para 2, if you want to be kiasu, you can name \"replacements\" should your beneficiary die before you.

How do you want to distribute your property? Individually or by percentage?

If individually, Identify/describe the item you want to bequeath clearly. For example \"the contents of bank account number 123456 at UOB\" or \"property known as 123 Bt Timah\". Remember, some things cannot be bequeathed via a will as set out in the post above. Add a catch all phrase at the end to cater for stuff you may have forgotten. For eg\"any remaining property to xxx\"

A simplier way would be divide by percentage eg \" 75% to my wife ....\"

Essentially thats it.

You sign the will. Have 2 witnesses. Make sure they are NOT your beneficiaries.

If the will is not in English, make sure you identify the language that it was interpreted intoand the Name of the interpreter and some identification eg NRIC

Gecko

PS did I miss something out?

]]>https://forum.kiasuparents.com/post/222986https://forum.kiasuparents.com/post/222986Thu, 22 Jul 2010 14:50:15 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 22 Jul 2010 14:40:34 GMT]]>Spoken to a lawyer found on the website from 24by7 mum, a simple will charging $250.

]]>https://forum.kiasuparents.com/post/222979https://forum.kiasuparents.com/post/222979Thu, 22 Jul 2010 14:40:34 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 22 Jul 2010 11:00:16 GMT]]>

daisyt:
Hi hquek, if property cannot be willed, and both joint tenants died and no will are made by both parties, so how?

The 'intestacy' law apply. So the beneficiary of the last assumed) surviving owner will get the property. In case of hubby and wife, I think the older of the 2 assumed to die first.

I believe generally if no kids, then estate goes to spouse and parents (equal portions). If there are kids, then estate goes to spouse and kids (in equal shares). If unmarried, then estate goes to parents and siblings.

Having a will keeps out the mozzies (blood suckers i say) relatives who claim they have an interest. And setting one up will ensure for instance that a young child don't come into money immediately and learn to fritter money away.

]]>https://forum.kiasuparents.com/post/222779https://forum.kiasuparents.com/post/222779Thu, 22 Jul 2010 11:00:16 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 22 Jul 2010 09:35:44 GMT]]>Hi hquek, if property cannot be willed, and both joint tenants died and no will are made by both parties, so how?

]]>https://forum.kiasuparents.com/post/222752https://forum.kiasuparents.com/post/222752Thu, 22 Jul 2010 09:35:44 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 22 Jul 2010 09:08:38 GMT]]>hi daisyt,


Going to the lawyer will mean he take care of the nitty gritty bits. But remember you got to update your will every so often.

My personal feel is that if yours is a non-contestible thing (eg only 1 child) and unlikely anyone will contest, you can consider doing it the DIY way. It’s probably those who have tonnes of money and many offspring who are likely to fight then will need a lawyer’s expertise.

But it’s good to get a will done nonetheless, else I heard that that distribution of assets after one’s passing may be held up due to admin work etc.

]]>https://forum.kiasuparents.com/post/222725https://forum.kiasuparents.com/post/222725Thu, 22 Jul 2010 09:08:38 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 22 Jul 2010 08:56:26 GMT]]>Thanks 24by7mum, bigdevil for the link and hquek for your personal experience.


Didn't know properties that you share with others under joint tenancy, cannot be willed. And interesting to know the law will take it that the older one passed away first.

😄

]]>https://forum.kiasuparents.com/post/222710https://forum.kiasuparents.com/post/222710Thu, 22 Jul 2010 08:56:26 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 22 Jul 2010 08:35:59 GMT]]>hi daisyt,


I wrote my first will by myself - interesting experience, you can get template off websites. Years later, I got it done via lawyer - this one certainly opened my eyes. I think I paid about less than 2k for me and hubby’s will (cannot recall liao).

A lot of things you have to consider, some of those more memorable ones:
1. all items to include - including jewellery, paintings, watches etc stuff of value.
2. if one pass away while kids are minor, who will be their guardian. When and how the money to go to your kid.
3. properties that you share with others under joint tenancy (eg your siblings/parents) will go to that person directly…there is no willing it to another person. ONly if it’s tenant in common then you can will it.
4. who should be the executor, preferably 2 who can work together.
5. 2 witnesses to sign on your will - to make it ‘legal’.

Interesting tidbit, if my DH and I pass away in a plane accident for eg and there is no way to determine who died first, the law will take it that the older one (my hubby) passed away first and so his will gets acted upon first, and then mine.

]]>https://forum.kiasuparents.com/post/222683https://forum.kiasuparents.com/post/222683Thu, 22 Jul 2010 08:35:59 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 22 Jul 2010 08:26:17 GMT]]>http://www.income.com.sg/legaltips/wills.asp


3. Can I write my own Will? Do I need to engage a lawyer to write my Will?

A Will is a legal document. Therefore, it is advisable to engage the help of a lawyer to write your Will.

NTUC Income provides a hassle-free and affordable Will writing service. Please feel free to email will@income.com.sg.

]]>https://forum.kiasuparents.com/post/222669https://forum.kiasuparents.com/post/222669Thu, 22 Jul 2010 08:26:17 GMT<![CDATA[Reply to Will - Draft out a will from lawyer on Thu, 22 Jul 2010 08:21:40 GMT]]>

daisyt:
Hi, anyone has ever asked a lawyer to draft out a simple will before? What is the price for a simple will that consist the usual normal assets we have, eg. CPF, house, insurance. What are the documents require and procedure? Any lawyer to recommend? TIA 😄

Hi daisyt

You can check out http://www.lawsociety.org.sg/public/you_and_the_law/making_a_will.aspx

Look at the directory for lawyers who can assist you. Make sure that you deposit the will at the will registry. See


http://app2.ipto.gov.sg/IPTOServices/PublicTrustee/DepositofInformationwiththeWillsRegistry/tabid/384/Default.aspx

Hope it helps!

]]>https://forum.kiasuparents.com/post/222667https://forum.kiasuparents.com/post/222667Thu, 22 Jul 2010 08:21:40 GMT