Plan
Design a financial plan to ensure you reach your life goals with ease.
Insure
Get the coverage you need to secure your loved ones’ well-being.
Invest
Make the most of your savings with reliable long-term returns.
Resources & Events
Explore guides, news, upcoming events and more.
Tag:
Wills
Deceased Dies Intestate Leaving: | Distribution |
---|---|
Spouse
(No parents or issue*) |
Spouse
100%
|
Spouse, Issue
(With or without parents) |
Spouse
50%
Issue
(To be shared equally) 50%
|
Issue
(No spouse) |
Issue
(To be shared equally)
100%
|
Spouse, Parents
(No issue) |
Spouse
50%
Parents
(To be shared equally) 50%
|
Parents
(No spouse or issue) |
Parents
(To be shared equally)
100%
|
Siblings
(No spouse, issue or parents) |
Siblings
(To be shared equally)
100%
|
Grandparents
(No spouse, issue, parent or siblings) |
Grandparents
(To be shared equally)
100%
|
Uncles & Aunts
(No spouse, issue, parents, siblings, grandparents) |
Uncles and Aunts
(To be shared equally)
100%
|
None of the above |
Government
100% |
* “issue” – includes children and the descendants of deceased children.
Wills
Upon death without a will, you have effectively given up your right to decide how your assets are distributed. Your loved ones may be burdened because:
Wills
Having a well-thought out will is always a wise move. The three common advantages are:
A will is your final act of love for your loved ones. It helps expedite settlement of your estate and avoids unforeseen complications while they are in grief.
Get the best of MoneyOwl delivered straight to your inbox.
Connect With Us