facebookI am 25 this year and new to the workforce, my parents are getting old, and I read about creating a will. How do I convince my parents that it is important to get a will? - Seedly

Anonymous

08 Jun 2021

SeedlyAMA

I am 25 this year and new to the workforce, my parents are getting old, and I read about creating a will. How do I convince my parents that it is important to get a will?

Thank you for your blog. It has guided me though my university days and now into the working world :)

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Boon Ming

06 Feb 2020

Engineering at Nanyang Technological University

For me it's rather simple, "If there's no will, it will go to the 'government', the 'government' will decide according to their guidelines, and charge fees and GST on the amount. It might not go to the ones you want."

'Government' here referes to Public Trustee

Tell your parents this: if you die without a will (i.e. intestate), you will not have control over how your assets are allocated to your surviving relatives and friends. Section 7 of the Intestate Succession Act provides rules for how an intestate's assets are divided. For example, if the intestate is survived by a spouse and children, the spouse received 50% of his estate, and the remaining 50% is divided among his children equally.

Cedric Jamie Soh

24 Dec 2019

Director at Seniorcare.com.sg

You can convince your parents that this is important to prevent government rules and laws that make separating the estate a much more difficult job for you (and your siblings if any)

I always use the government as a handy... target.

Do it coz government needs it! Don't make things difficult for me later when the government find me....

I think you can share with them the advantage of creating a will such as it prevents unnecessary con...

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