Best Will & Testament Lawyers in Chinatown

About Will & Testament Law in Chinatown, Singapore

The law surrounding Wills & Testaments in Singapore is equal throughout the city, including areas like Chinatown. The Wills Act governs this area of law and all Singaporeans who are aged 21 and above can make a will. A Will is a legal document stating how an individual's property and possessions, known as their 'estate', will be distributed after their death.

Why You May Need a Lawyer

Ensuring your Will is accurately written and legally valid can be a daunting task. Any errors, inconsistencies, or failure to meet relevant legal requirements could make it susceptible to contestation or nullification after your death. A lawyer can advise on the division of assets, address any complex situations like estate tax considerations, mixed families, and properties located in other countries. They can also assist if you're the executor of a will but uncertain of your legal responsibilities.

Local Laws Overview

The key determinants for asset division laid by the law in Singapore, including Chinatown, are a valid Will or the rule of intestacy if there is no Will. A valid Will should be written, signed by the testator, and witnessed by 2 individuals not named as beneficiaries in the Will. If one dies without a Will (intestate), the Intestate Succession Act decides how property is divided.

Frequently Asked Questions

1. Can I write my own Will without a lawyer's involvement?

Yes, you can. However, it's advisable to engage a lawyer to avoid any error and ensure that your Will meets all legal requirements of Singapore.

2. How often should I revise my Will?

You should review your Will every 2-3 years or whenever there are significant changes in your life, like childbirth, marriage, divorce, or major financial changes.

3. What happens if my Will is contested?

If your will is contested after your death, the court would review and make a decision. The process could be time-consuming and expensive which is why it's crucial to have a well-drafted Will to avoid such scenarios.

4. What happens if I pass away without a Will?

In Singapore, if you pass away without a will, your estate will be divided according to the Intestate Succession Act.

5. Can a foreigner residing in Singapore create a Will to address his properties here?

Yes. Regardless of nationality, if you have assets in Singapore, you are advised to make a Singapore Will.

Additional Resources

If you need more information, refer to the Probate and Administration Act and the Wills Act. For free advice, you may rely on the Community Legal Clinic run by the Law Society of Singapore. This however, is subject to income requirements.

Next Steps

If you decide to draft your Will, consider seeking a lawyer's help. Ensure that your assets and beneficiaries are clearly stated, and your Will is safely stored. Should you wish to revise or contest a Will, or if named executor in one, consult with a lawyer to understand your legal duties and options.