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Would like to seek your advise on the ownership of my parents' HDB flat in the event when one of the owners passes away.
Currently, the flat is under joint tenancy. As such, when one of the owner passes away, the flat would automatically go to the other owner and the authorized occupier? As such, even if they were to write a will to bequeath the property to me now, I will not get it if only one owner passes away? However, when one happen to pass away, it is advisable to write a will so that i receive the property without hassle?
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I just received my Title Deed from HDB for my executive apartment.
What can I do next? Can I buy a landed property after selling my exec flat?
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There's not enuf info to reply you - e.g. house = HDB or private.
1) Writing a will always helps i...
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Yes, will is best and also to discuss with all parties to ensure there is no dispute. If there is a will, the will must be proved and executed under probate. The appointed trustee or executor will oversee the process following the Probate and Administration Act.