Why write a Will?

Flickr! photo by helmet13.

In life there are only two certainties, one is taxation while the other is death.

Whilst many of you would not want to talk or bring up a topic about your own mortality, you need to consider how you can provide for your loved ones and family as a mature, responsible and caring person while you are still on this world.

In the absence of a will, you cannot ensure that your assets will be distributed according to your wishes when one passes on. There are many people in Singapore who do not have a will and who pass on without making sure that their loved ones, family are adequately provided for from their estate after their death. As a result, a number of unnecessary complications arise, making worse the grief of the bereaved and the expenses of settling the deceased person's estate.

If you pass on without a will in Singapore, the Intestate Success Act (ISA) (the law) decides who will receive your assets. Some people think that you are married and die intestate, the surviving spouse inherits everything. This may not be so as it depends on whether there are parents as the parents will take 50% if there is a surviving spouse as well as parents of the bereaved still living.

Instead of letting the law determine who is provided for when you move on to the next world, write a will to ensure that your assets are distributed according to your wishes.

By writing a will, you have a peace of mind and know that your loved ones are provided for no matter what happens.

We provide such a Will Writing Service. Read on...