Earning a will for an HDB flat in Singapore is usually a nuanced approach that needs thorough thing to consider of HDB's unique polices and assets ownership forms. It can be vital to have interaction a wills lawyer to ensure the doc is legally legitimate, with expenses for drafting a simple will generally ranging from $two hundred to $400. The main aspect is the sort of ownership: for flats held underneath a joint tenancy, the appropriate of survivorship dictates that possession immediately passes click here to the surviving co-operator, producing any Recommendations in a will null and void. In this instance, the surviving owner would basically lodge a Notice of Loss of life with the Singapore Land Authority to formalize the transfer. For flats beneath sole possession or tenancy-in-prevalent, the will is legally binding, but beneficiaries have to however fulfill HDB's prevailing eligibility criteria to retain the flat. If a beneficiary doesn't qualify, They might really have to sell the residence. This method, often handled by regulation corporations including PKWA Law and IRB Law LLP, demands the executor to apply for a Grant of Probate to lawfully administer the estate, which can consider a number of months.