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Do you know that there are two ways to die in Singapore?

One is to die testate –with a will and another is to die intestate – without a will. When you die without a will, your assets will be distributed via the Intestate Succession Act, which depends greatly on whether you are single or married and whether you have any children.

One great misconception is that when a person dies without a will, the spouse will automatically inherit everything. This is not necessarily true. Watch this video as Christopher Tan, CEO of Providend, shares the distribution rules of intestate estates and the importance of having a proper will done.

For more estate planning resources, check out:
▸https://www.providend.com/till-death-...
▸https://www.providend.com/financial-p...
▸https://www.providend.com/your-estate...
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In 2020, when the COVID-19 pandemic first broke out, estate planning was at the forefront of ensuring that clients and their loved ones are protected. As such, we have spent months updating our Estate Planning Made Easy book, now in our third edition! It addresses estate laws, issues that are of interest and importance, as well as related planning opportunities that you may wish to consider, check it out now!
📖https://providend.com/publications/

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