Some may assume that writing a will is only necessary for the rich and famous. For better or worse, this is not always the case. Whether a person has immense wealth or just a modest bank account, having a will and testament is actually useful. First of all, a will ensures a clear distribution of assets to the correct beneficiaries without delays. Additionally, it can even prevent the risk of losing the assets to those who are not supposed to receive them. With Singaporeans becoming more affluent, the need for will making has become increasingly important. Especially for those with family, a detailed will assures aged parents, spouses, and children will not be faced with complicated statutory issues that prevent them from receiving what was intended to be given to them. Importance of Making a Will Besides the allocation of assets, making a will is important to legally protect your family, reduce the...