Updating Your Nomination And Your Will

This article was in a local newspaper a few days ago. It reiterates why you need to nominate beneficiaries as well as to write a Will. While nominations are applicable to certain accounts like EPF and insurance, a Will covers all your assets.

Besides writing a Will, you must ensure the Will is kept safely and to update your Will from time to time. Otherwise when you acquire new assets but fail to inform your family, these assets might be forgotten as they do not know it exists.