PROBATE - WHAT YOU SHOULD DO WHEN A LOVED ONE PASSES AWAY
At PKWA Probate Law, we provide guidance for you after the death of a loved one. You will naturally ask questions like “How do I gain access his assets to pay the bills” and “How do I ensure that family members have their fair share of their inheritance?”
We are a specialist family law firm, and we deal a lot in wills and probate. After your loved one’s death, we help your Executors and Administrators deal with the legal aspects of the deceased estate. We unlock the assets belonging to the deceased so that you and your family can have access to the assets (whether they are bank accounts, stocks or property) and inherit them.
Many family members contact us shortly after their loved one dies. We often tell the family members what to expect for probate, and they are usually grateful for our summary. While most are anxious to get probate started immediately, we do recommend that you meet with us after a suitable grieving period. When you meet us, we will discuss the information and documents we need to commence an application for Grant of Probate or Letter of Administration.
What is a Grant of Probate or a Grant of Administration? A grant of probate is a court order given out by the Family Justice Court, which means that the deceased’s original will is authentic, and the appointed Executor should carry out the deceased last wishes as stated in the Will.
A Grant of Administration is a court order when there is no will. This order will specify who is the person who will administer the estate – usually that person is the surviving spouse, and then the children, or parents. The Administrator is obliged to distribute the deceased assets to the rightful beneficiaries. Usually, the immediate family members such as surviving spouse and surviving children will all get a share of the inheritance. The precise share is spelt out in the Intestate Succession Act.
Hence, it is very simple to remember – if your love one dies with a Will, you need to get a Grant of Probate. If your loved one dies without a Will, you need to get a Letter of Administration. The objective of the court orders is to unlock the deceased’s assets, pay off debts and distribute the assets to the rightful beneficiaries.
It takes about 1 to 6 months for probate to be completed. A highly competent and experienced probate law firm can complete the probate within 1 to 2 months if all relevant information and documents are given.
One tip from us – you should always write a Will because it avoids conflict over who is to get what. You should also always list all your assets and give your loved ones copies of them. Why work so hard and save so much - but leave your family members guessing where your assets are? If they do not know what assets you have, you cannot pass them these assets after your death. So, please make a list of your assets.
Properly drawing up a Will is only the first step in making sure your family is provided for after your death. You should also give your family members all the necessary information to make the inheritance process easier and to lessen their stress after you are gone.
Meet our Probate Team
PKWA Law is one of the largest and most established family law firms in Singapore. The Family Law team specialises in wills, probate and divorce and are consistently regarded as leading family lawyers in Singapore by respected legal publications such as Asian Legal Business, Singapore Business Review, Global Law Experts and Doyle's Guide to Singapore Family Lawyers.
Conveniently located at HDB Hub, PKWA Family Law charges affordable fixed fees for wills, probate and divorce that are catered for the average Singaporean.
Contact us at tel 6854-5336 for a free first consultation.
We just sent you an email. Please click the link in the email to confirm your subscription!
OKSubscriptions powered by Strikingly