CPF Nomination vs Will

Hi Heron and Thanks Chong Hwee, yes, CPF monies do not form part of the estate. This protects your CPF savings from creditor claims on any outstanding debts and preserves them so that your nominee(s) are able to receive your CPF savings in full. Sharing another guide here too: https://www.mylegacy.gov.sg/end-of-life-plannin...

Yes, you must do CPF nomination because your CPF savings are excluded from your estate and therefore cannot be covered under a Will:

https://www.cpf.gov.sg/members/FAQ/schemes/Othe...