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Leaving without a will
By Moneytalk  •  May 22, 2010
I was looking at the implications of not doing a will and what will happen to the assets of the deceased if a will was not done when the deceased was still alive. A search on the internet threw up a legal act which I thought it will be pretty useful to put it up on this post and this legal act is known at the Intestate Succession Act.

Intestacy, as taken off Wikipedia here is the condition of the estate of a person who dies owning property greater than the sum of his enforceable debts and funeral expenses without having made a valid will or other binding declaration. In short, if the deceased still has assets left after and he did not make a will, he is known as dying intestate.

As for the act, I took it off the Attorney General's Chambers here, and the act is posted as follows....
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By Moneytalk
Keeping it light and serving as a diary as well on his journey towards financial freedom, Kay blogs all matters pertaining to money, especially in Singapore, where the cost of living is one of the highest in the world.
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