How to Write a Valid Will in Singapore
A will lets you decide who inherits your assets. However, a will is only useful if it is valid. A defective will can be set aside, and your estate may then be divided under the intestacy rules.
The five key steps
- Meet the basic requirements. You must be at least 21 years old and of sound mind. You must also make the will voluntarily.
- Put it in writing. Oral wills are generally not valid. A typed or handwritten document is fine.
- List your assets and beneficiaries. Be clear about who receives what. Name an executor to carry out your wishes.
- Sign in front of two witnesses. Both witnesses must be present at the same time. They must then sign in your presence.
- Choose witnesses carefully. A witness, or a witness’s spouse, should not be a beneficiary. Otherwise the gift to that person may be void.
Common mistakes to avoid
Many people forget that CPF savings are not covered by a will. They are paid out under your CPF nomination. Also, marriage generally revokes an earlier will, so review your will after major life events. Muslims should note that special rules limit how much they can leave freely.
Because small errors can have big consequences, consider asking a lawyer to prepare or review your will.
