Will Planning & Consultation
Secure Your Legacy with a Legally Sound Will
A well-structured Will is the cornerstone of a sound estate plan. It ensures that your assets are distributed according to your wishes, protects your loved ones, and minimises legal complications.
At Stamford Legacy, we provide comprehensive Will planning and consultation services tailored to your personal and financial circumstances, giving you peace of mind that your legacy is safeguarded.
The Legal Importance of a Will
In the absence of a Will, an individual’s estate will be subject to the Intestate Succession Act (Cap. 146, Singapore Statutes), which prescribes a default distribution framework that may not align with the deceased’s actual intentions.
This can lead to prolonged estate administration, unintended beneficiaries, or potential disputes among heirs.
By executing a properly drafted and legally executed Will, you can:
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Specify precise asset distribution – Ensure that your wealth, property, and personal belongings are bequeathed to intended beneficiaries.
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Appoint executors and trustees – Designate trusted individuals or professional executors to administer your estate in accordance with your wishes.
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Provide for dependents and special needs beneficiaries – Establish financial security for minor children, elderly parents, or dependents with special needs.
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Prevent family disputes – Reduce ambiguity in estate distribution and prevent legal challenges.
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Ensure business continuity – Implement succession strategies for business interests and shareholdings.
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Optimize estate administration – Expedite probate proceedings and mitigate legal costs associated with intestate succession.
Process flow & Timeline
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What is a Will?A Will is a legally binding document that sets out how your assets will be distributed upon your passing. It allows you to appoint executors, guardians for your minor children, and specify beneficiaries for your estate.
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Why should I write a Will?Writing a Will ensures that your assets are distributed according to your wishes, prevents family disputes, and expedites the probate process. Without a Will, your estate will be distributed according to Singapore’s Intestate Succession Act, which may not align with your intentions.
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Who can make a Will in Singapore?Any person who is at least 21 years old and of sound mind can make a Will. Exceptions may apply for those serving in the military or maritime industry.
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What happens if I pass away without a Will?If you die intestate (without a Will), your assets will be distributed according to the Intestate Succession Act. This may not reflect your preferences and can lead to delays and disputes among family members.
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Can I write my own Will?Yes, you can write your own Will, but it must comply with legal requirements to be valid. A poorly drafted Will may lead to disputes or be declared invalid, which is why seeking professional assistance is recommended.
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What are the legal requirements for a Will to be valid in Singapore?For a Will to be legally valid in Singapore, it must: Be in writing Be signed by the testator (person making the Will) Be witnessed by two or more witnesses (who are not beneficiaries or spouses of beneficiaries) Be made voluntarily and without coercion
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Can I update or change my Will?Yes, you can revise your Will at any time by either: Creating a new Will that revokes the previous one Adding a Codicil (a legal amendment to an existing Will)
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Who should I appoint as my executor?An executor is responsible for carrying out the instructions in your Will. You should appoint a trusted individual (e.g., a family member, friend, or professional executor) who is responsible and capable of handling legal and financial matters.
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What assets can I include in my Will?You can include: Bank accounts Real estate (excluding HDB flats under joint tenancy) Investments (stocks, bonds, insurance policies) Personal belongings (jewelry, vehicles, etc.)
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Can my CPF savings be included in my Will?No, CPF savings cannot be distributed via a Will. Instead, you must make a CPF nomination through the CPF Board to designate beneficiaries.
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Where should I keep my Will?Your Will should be stored in a safe and accessible location, such as: Our Will Custody Service - We provide safekeeping services for Wills With your executor In a safe deposit box
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How does a Will differ from a Lasting Power of Attorney (LPA)?A Will takes effect only after death and governs the distribution of assets. An LPA applies while you are alive but incapacitated, allowing appointed donees to make decisions on your behalf.
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How can Stamford Legacy assist me in Will planning?At Stamford Legacy, we provide comprehensive estate planning services, ensuring your Will is legally sound, accurately reflects your wishes, and is properly executed for peace of mind. Contact us today for a consultation!
Request a Consultation
Planning for the future starts with the right guidance. At Stamford Legacy, we offer professional and personalized consultations to help you navigate the complexities of will planning, estate management, and legal matters with confidence.
During your consultation, our experts will:
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Understand Your Needs – We take the time to assess your unique circumstances and concerns.
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Provide Tailored Advice – Get clear, customized solutions for will writing, LPAs, probate, trusts, and more.
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Answer Your Questions – Gain clarity on legal processes, ensuring you make informed decisions.
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Offer a Hassle-Free Experience – We simplify estate planning, making it smooth and stress-free.
Start Planning with Confidence
Whether you’re looking to draft a will, protect your assets, or secure your family’s future, our team is ready to assist you. Book a consultation today and take the first step towards peace of mind.
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