question regarding will

hi,
appreciate your help and clarification for below questions.
1)can two testators draft their wills with the other party as each other's exclusive beneficiary? eg. My father 's beneficiary is only me and mine's my father.

2)Does a valid will overwrite and rule out other inheritors regardless of local laws concerning legacy?

3) If a property is co-funding by 2 parties (A&B) but with ownership of A on all legal document, does A have the full authority to include the property in his will (w/o B as beneficiary)without any legal dispute? Does B have authority to include the property in his will (w/o A as beneficiary)?

4) Does the nationality change of the testator affect the validity of the will after establishment?

5) Any tax , processing fees for inheriting a legacy in Singapore for a foreigner or for a Singaporean inheriting in Singapore or overseas? Is the governing law determined by the location of the legacy or the nationality of the testator?

6) for example, my father has some properties overseas and he will convert his nationality to Singaporean. Does he need to do anything regarding the ownership of the properties after the nationality change? if he would like to include these properties in his will, what does he need to do?

Thank you.
with best regards,
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1 个回答

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Reply from Agony Uncle
1. Yes
2. Generally yes but e.g. in Singapore does not override CPF and insurance nomination
3. Yes. No.
4. No. however after change of nationality we may not be able to hold property in its home country. But the beneficiary can still sell the property and obtain the sale proceeds.
5. Estate duty is abolished. Govern law is determined by the place of the probate proceedings.
6. I would require more details to advice further.

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  • 乔凡 提出于 2019-07-19 16:24