Several months after Olympia was born, Heartland Boy did a digital will with MoneyOwl. However, as CPF savings will not form part of his estate, there is still a missing jigsaw piece to his estate planning. Therefore, he quickly seized on the opportunity to participate in the CPF Nomination Scheme online when this e-service was recently introduced. It was extremely convenient as the nomination process can be made from the comfort of his home (or anywhere in this world), saving a potential trip to CPF Centre for him and his witnesses. This is a review of why and how Heartland made his CPF Nomination online.
Why I Make A CPF Nomination 1. To Have Full Control On How My CPF Savings Are Distributed After My Demise
If Heartland Boy passes away without making a CPF nomination, the rule is that intestacy laws will determine how his CPF savings are