Following investigations into the death of Audrey Fang back in April while in Spain, it was known that her killer stood to inherit all her Central Provident Fund (CPF) money. It was a disclosure of her savings so unabashedly to him that led to her tragedy. She had also chosen to nominate him as her beneficiary 6 months before her demise.
Though upsetting, it reiterates the importance of will-writing and allocation of one’s assets to multiple beneficiaries than just 1 person. CPF allows you to select up to 6 beneficiaries of your CPF upon your death, and it is recommended that you update your nominations when you get married, divorced, have a child or when a beneficiary passes. While one can never know the depth of greed or intentions of a person, we can always ensure our wills are up to date.
The recent Thai movie “How to Make Millions Before Grandma Dies” is an interesting concept of buttering up to someone so you’ll be included in their will and receive some wealth based on the strength of your relationship. Reviews showed it was a tear-jerker, concluding on how real relationships transcended the desire for possessions, leaving some semblance of hope and faith in humanity yet.
Aside from the fact that greed potentially brings out the worst in people, will-writing has otherwise proven important in ensuring fair distribution of moneys and major assets. It prevents confusion and disputes, as well as the drama. Safe Deposit Box owners can store original wills in their private off-site vaults. Vault@268 allows authorised Will Custodians to officially retrieve the original will from one’s box in the event of their demise or disability. They are usually the executor of the person’s will also.
It is recommended to designate a trusted person or lawyer as your Will Custodian so your will can be accessed without hassle. This ensures they can access your will promptly when needed.
Ask our staff today about signing up a Will Custodian when you visit Vault@268 for a private tour of our facilities. Contact us at 67377 268 or vault@268.com.sg.
Wolf in Sheep’s Clothing: Will-writing and Beneficiaries
Following investigations into the death of Audrey Fang back in April while in Spain, it was known that her killer stood to inherit all her Central Provident Fund (CPF) money. It was a disclosure of her savings so unabashedly to him that led to her tragedy. She had also chosen to nominate him as her beneficiary 6 months before her demise.
Though upsetting, it reiterates the importance of will-writing and allocation of one’s assets to multiple beneficiaries than just 1 person. CPF allows you to select up to 6 beneficiaries of your CPF upon your death, and it is recommended that you update your nominations when you get married, divorced, have a child or when a beneficiary passes. While one can never know the depth of greed or intentions of a person, we can always ensure our wills are up to date.
The recent Thai movie “How to Make Millions Before Grandma Dies” is an interesting concept of buttering up to someone so you’ll be included in their will and receive some wealth based on the strength of your relationship. Reviews showed it was a tear-jerker, concluding on how real relationships transcended the desire for possessions, leaving some semblance of hope and faith in humanity yet.
Aside from the fact that greed potentially brings out the worst in people, will-writing has otherwise proven important in ensuring fair distribution of moneys and major assets. It prevents confusion and disputes, as well as the drama. Safe Deposit Box owners can store original wills in their private off-site vaults. Vault@268 allows authorised Will Custodians to officially retrieve the original will from one’s box in the event of their demise or disability. They are usually the executor of the person’s will also.
It is recommended to designate a trusted person or lawyer as your Will Custodian so your will can be accessed without hassle. This ensures they can access your will promptly when needed.
Ask our staff today about signing up a Will Custodian when you visit Vault@268 for a private tour of our facilities. Contact us at 67377 268 or vault@268.com.sg.
Reference:
https://www.straitstimes.com/singapore/murder-in-spain-victim-audrey-fang-was-interested-in-suspect-mitchell-ong-her-friends-tell-court