Wills Promotions

Write a Will for FREE and receive S$5 GrabFood Credits!

It only takes 10 minutes to complete a will for greater peace of mind

Write a Will for FREE and receive S$5 GrabFood Credits!

It only takes 10 minutes to complete a will for greater peace of mind

Get peace of mind in under 10 minutes! Will writing may not be a priority for you right now, but it is vital that you ensure your wishes are carried out after your passing. A will is a legal document that allows you to distribute your assets so all your intended beneficiaries are taken care of. It also helps prevent unnecessary conflict among your loved ones by clearly defining who gets what and how much of it.

On top of that, writing a will alleviates some of the pain that comes with making difficult decisions such as funeral wishes and what to do in the event of your death.

Writing a will doesn’t have to be a complicated process and can be completed in under 10 minutes for FREE*! Plus, you won’t have to go through the hassle of hiring a lawyer as our wills are legally valid. For a limited time only, we’re offering S$5 GrabFood credits to the first 1,500 people who complete their Will Writing with MoneyOwl.

This offer is only available from 21 September 2020 to 20 November 2020. Grab it while it lasts!

*How to join?

  1. Sign up for our newsletter to receive a promo code for this special deal by submitting the form below
  2. A promo code will be sent to your email along with a link to our Will Writing service
  3. Enter your promo code to start writing your will for FREE
  4. Enjoy your S$5 GrabFood credits upon successful completion of your will

Get Your Promo Code

Join our newsletter to receive the promo code to write your will for FREE!

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Top Questions People Ask Us

What happens to my estate if I do not have a will?
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:

  1. An administrator, usually a next-of-kin, must step forward to apply for the Letter of Administration before he/she can distribute the estate according to the Intestate Succession Act. As such, there may be serious disagreements as to whom should do so.
  2. The process may be more time-consuming as the administrator may not be ready with the required information on the estate, have no time or find it too complicated. There are cases where no one is willing to step forward to be the administrator due to uncertainties in the estate’s liabilities. There are also cases where several people want to be the administrator due to the large amount of assets at stake, sometimes for the wrong reasons.
  3. If there are young children involved or if your estate’s value is above a certain threshold, 2 sureties are needed before the court would grant the letter. The sureties must swear an affidavit certifying their worth is equal or more than the total value of your estate.
  4. On the unfortunate occasion that both parents pass on at the same time, there may be great uncertainty as to whom should take on the responsibilities of guardianship to your children.
How do I qualify to write a will?

You need to be at least 21 years old and of sound mind to write a will. There is no need for your will to be drafted, approved or witnessed by a lawyer as long as your will fulfils the legal requirements.

To be of a sound mind or have the testamentary capacity:

  • You should understand the nature of the act and what the consequences are;
  • You know and approve the contents of the will, nature and extent of properties;
  • You know who your beneficiaries are and can appreciate their claims on your properties; and
  • You are free from an abnormal state of mind that might distort feelings or judgements relevant to making the will.
What assets cannot be distributed via a will?

The following assets cannot be distributed via a will:

  • CPF balances will be distributed according to your CPF Nomination if you have made one. If you do not make a CPF nomination, your money will be paid to the Public Trustee in Singapore, who will pay it out in accordance with the Intestate Succession Act. Read more on the CPF website and download the CPF Nomination form here
  • Proceeds of insurance policies will go to the beneficiaries nominated in the insurance policies. If you do not make a nomination, the proceeds will form part of your estate to be distributed according to your will or if no will is done, it will be distributed in accordance with the Intestate Succession Act.
  • Property under Joint Tenancy – the property will be passed over to the survivor joint tenant. For example, if you own a property as joint tenants with your spouse, in the event that you pass on, your spouse will inherit the property wholly. For real-estate properties that are held as joint tenants, these properties cannot be passed on through the operation of a will.
  • Generally-speaking, the assets in joint-bank accounts and joint-stock brokerage accounts would also be payable to the surviving account holder. However, due to different clauses with regards to these accounts, in some cases, these assets may form part of the estate to be distributed according to your will or the Intestate Succession Act.
I would like to customize my will from the automatically generated version provided through your service. Can I do this?
Unfortunately, no. Our will-writing service is an automated one. It only caters to a select few situations and pre-set inheritance options. These are generally the more common scenarios and/or choices for most people.
When should I revise my will?
You should review your will from time to time to make sure it remains current and viable. These are situations where you should review and amend your will if necessary:

  • change in distribution wishes
  • change or death of any of beneficiaries, guardian, executor, trustee
  • marriage or re-marriage – these events will revoke your earlier will you have made
  • change in personal circumstances such as addition of new family member, or divorce

Be aware that you cannot alter your will by simply crossing something out or adding something new. In fact, making a handwritten change could invalidate your entire will.

Terms & Conditions:

  1. Promotion is valid from 21 September 2020 to 20 November 2020
  2. Limited to the first 1,500 completed Wills submissions
  3. New MoneyOwl clients only
  4. Eligible clients will receive their Grab credits within one month from the end of the promotion period.
    If you completed your wills between 21 September to 20 October 2020, you will receive the Grab credits by 20 November 2020.
    If you completed your wills between 21 October to 20 November 2020, you will receive the Grab credits by 20 December 2020.

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