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Anonymous

14 Jul 2020

Robo-Advisors

What happens to my money when I die without a will?

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PolicyPal

14 Jul 2020

Official Account at PolicyPal

For a person without a will, you will be considered Interstate. Your estate will then be distributed according to the Intestate Succession Act ( With the exception of Muslims as their estate’s distribution will be governed by the Muslim laws and Syariah Court).

To kickstart the process, one of your next-of-kins will have to apply for a Grant of Letters of Administration. It provides them the authority to act as the administrator of your estate – which in turn allows them to distribute your estate.

We have done a chart to show who will be your beneficiaries in the different scenarios. Do check out our article to find out.​​​

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Your assets will be divided based on the Intestate Succession Act, as others have mentioned.

To visualise this rule and see how much it would cost to draft your will, check out this article.

If you are a non-muslim, it will fall under the intestate succession act.

[https://sso.agc.gov.sg/A...

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