3 Things to Note When Making Your Will Online
In this article we cover the 3 most important things to take note of when getting your Will done online.
Lawyer, Senior Advisor
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In Singapore, there are two ways of updating a will - (1) via a codicil, and (2) simply doing another will.
Codicils are rarely used because of it's complexity and costs.
Accordingly, we recommend that you simply do another Will that revokes your old one. Our wills automatically includes a revocation clause to ensure that this is covered.
All our wills include revocation clauses that revoke your previous Will.
Accordingly, all you need to do to 'update' your will is to do a new Will with WillCraft, and it will automatically overwrite the old one.
WillCraft allows you to allocate your assets generally. An example of a general allocation is where you would like to give all your assets to your children equally.
If you decide to make such a general allocation, you would not need to provide details of all your assets to complete the Will.
Not yet ready to start? We've curated a list of free resources on wills that you might find helpful.
In this article we cover the 3 most important things to take note of when getting your Will done online.
Lawyer, Senior Advisor
Some take for granted that everything will be settled for them once they pass away - either by the government, or their loved ones. Well, here's 4 unexpected consequences of passing away without a Will that you probably don't know about.
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Discover the essential reasons why having a Lasting Power of Attorney (LPA) is crucial in Singapore. Learn how an LPA safeguards your interests, ensures your wishes are honoured, and provides peace of mind for you and your loved ones.
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Most people often worry about who will ensure that their estate is divided according to their wishes. This is where an executor or an administrator comes in. This article takes you through the differences between the two and their role in the administration of your estate.
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