Thinking of writing a Will? It's natural to harbor some uncertainties!
NobleWills, a distinguished will writing service in Singapore, endeavors tirelessly to address all client concerns. However, certain common queries tend to arise, such as the necessity of a will, the associated costs, its worthiness, and more.
Here, we present specific frequently asked questions (FAQs) that individuals often encounter when considering writing a will in Singapore:
Why Do I Need A Will?
A will allows you to stipulate the distribution of your assets after your demise, ensuring your desires are honored and potentially averting family disputes.
Who Can Make a Will in Singapore?
Typically, anyone aged 21 or above and of sound mind can create a will in Singapore.
Do I Need a Lawyer to Make a Will?
Not necessarily! You can engage online will-writing services like NobleWills. They have legal professionals and will writing experts who ensure the legality and accuracy of your will.
What Should Be Included in A Will?
A comprehensive will should detail asset distribution, designate an executor and trustee, and address guardianship if minor children are involved. Clarity and precision are crucial.
Can I Update My Will?
Yes, it's recommended to periodically review and update your will, especially after major life events like marriage, divorce, or the birth of children.
Is A Handwritten Will Valid?
A handwritten will (holographic will) may be valid in Singapore if specific criteria are met, although a formally typed and witnessed will is generally recommended.
How Do I Choose an Executor for My Will?
Select an executor who is trustworthy, organized, and willing to undertake the responsibilities. This role can be assigned to a trusted family member, friend, or professional.
What Happens If I Die Without A Will (Intestate)?
Singapore's intestacy laws will apply, determining asset distribution, potentially conflicting with your wishes, making having a will crucial.
How Much Does It Cost to Make A Will in Singapore?
Typically, creating a will costs $300-$1,000 in Singapore. Costs may vary based on the service provider. Opting for a reputable will writing service often ensures a quality, valid will at an affordable price.
Can I Include Digital Assets in My Will?
Certainly! You can include instructions for managing digital assets like online accounts and passwords.
In Conclusion
I hope this little Q&A post is helpful to you. It's essential to consult with a will professional in Singapore like Noble Wills for advice tailored to your specific situation, as laws and regulations may change, and individual circumstances vary.
If you still have some doubts, don't hesitate to let us know. Visit www.noblewills.com/en-sg/ to draft your will today at the most affordable cost!
