Resolving 8 Myths for Updating or Making a Will in Singapore

Myth 1: I don't need to update my will unless there's a major life change.

Reality: 

While major life events like marriage, divorce, or the birth of a child often trigger the need for a will update, it's essential to review your will regularly. Changes in financial status, assets, or even changes in your wishes may necessitate updates.

Myth 2: Once I create a will, it's set in stone.

Reality: 

Wills are not permanent documents. It's advisable to revisit your will periodically, especially if there are changes in laws or if your financial or personal circumstances evolve. Regular updates ensure your will accurately reflects your current intentions.

Myth 3: I can just write changes on my existing will.

Reality: 

Handwritten changes or annotations on a will may not be legally valid and can lead to confusion or disputes. It's better to create a formal codicil (an amendment to the will) or, in some cases, consider drafting a new will to avoid ambiguity.

Myth 4: My spouse will automatically inherit everything, so I don't need a will.

Reality: 

While intestate succession laws may provide a default distribution plan, it might not align with your preferences. A will helps you to specify how you want your assets distributed, ensuring your wishes are followed.

Myth 5: I have a living will, so I don't need a regular will.

Reality: 

A living will primarily address healthcare decisions in the event of incapacity, while a regular will deals with the right distribution of your assets after death. Both are important components of an estate plan and having only one may leave critical aspects unaddressed.

Myth 6: I'm too young to worry about a will.

Reality: 

Accidents and unexpected events can happen at any age. Writing a will in Singapore is not just for older individuals; it ensures that your assets are distributed according to you, regardless of your age.

Myth 7: I can handle my will without professional help.

Reality: 

While it's possible to create a basic will without a lawyer, seeking professional advice can help you navigate complex legal issues. It reduces the risk of mistakes and ensures your will is legally valid and effective.

Myth 8: Updating a will can cost huge fees.

Reality: 

Updating a will can cost huge fees only if you have a highly complex will and you prefer a lawyer for that. But usually, updating or writing a will in Singapore can cost a small amount. You can find many reputed writing services like NobleWills, which offers affordable writing and updating over the Internet.