If your
father dies without a
will and his assets are
not more than $50,000,
you can apply to the
Public Trustee to look
after his assets.
The
Public Trustee does not
need to apply to court
and the assets can be
distributed to the
beneficiaries speedily (normally
within one to three
months).The Public
Trustee charges a fee as
follows :
5% for
the first $1,000
4% for the
next $1,000
3% for the
next $1,000
2% for
subsequent amounts.
If your
father dies without a
will (ie die intestate),
his assets will be
distributed as follows
(1) half
share to spouse, half
share to be shared
equally among surviving
children;
(2) where
there are no children,
half share to spouse,
half share to be shared
equally among surviving
parents;
(3) where
there are no children, no
parent, all assets to
spouse;
(4) where
there are no spouse and
children, all assets
shall be shared equally
among surviving parents;
(5) where
there are no spouse, no
children, no parents, all
assets shall be shared
equally among deceased's
brothers & sisters
and, where they have
already died, among their
children;
(6) where
there are no spouse , no
children, no parents, no
brothers & sisters
and their children, all
the assets shall be
shared equally among
surviving grandparents;
(7) and
if there are no
grandparents, surviving
uncles and aunts will
share equally.
CPF
monies
If your
father is a CPF member
and has nominated someone
to receive his CPF money,
the money will be paid to
the person nominated.Generally,
the CPF Board will
forward your father's CPF
monies to the Public
Trustee to hold in trust
and for distribution
where
(a) no
nomination is made,
(b) the
nomination is invalid or
(c) the
person nominated is under
the age of 18 years.
The
Public Trustee usually
notifies a next-of-kin
upon receipt of the CPF
monies.
For more
information on will
and probate
click
Do
you need a will
