Succession (testate or intestate) – Singapore property for rent/ sale
When a person dies, the question is how his property or estate will be dealt with by those he has left behind. How the beneficiaries will inherit the property or estate depends on whether the person dies with or without a Will under the law relating to testate or intestate succession. Singapore property for rent/ sale.
Testate succession
If a person dies with a Will, it is said that the person has died testate. A Will must be in writing and signed by the testator (deceased) and witnessed by at least 2 witnesses who are not the beneficiaries. The Executor(s) named in the Will can apply to the Court for a Grant of Probate which merely validates the Will and allows the Executor(s) to carry out the wishes of the testator in distributing the estate according to the Will.
Intestate succession
If a person dies without a Will, it is said that the person has died intestate. His beneficiaries can apply to the Court for Letters of Administration appointing Administrator(s) to distribute the estate according to the Intestate Succession Act. How it should be distributed depends on who are the beneficiaries. For example, if the beneficiaries are his spouse and children, then the distribution, according to the intestate law, shall be as follows:
- 50% of the estate shall go to the spouse
- Balance 50% of the estate shall be distributed equally among the children
However, this Intestate Succession Act does not apply to Muslims who are governed by the Administration of Muslim Law Act.
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