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LECTURE 2
Appointments
See clause in precedent for analysis
Executors / Trustees
Executor: administer estate according to Will
Has power of sale by law
of trust (Will)
Appointments
Executors / Trustees
Who qualifies to be appointed?
Can beneficiary be?
Appointments
Guardians
Of minor children
May act with any surviving natural parent; if there is
Dispositions of property
This is where you will be sued if you draft
Dispositions of property
Property disposable by will
Owned by testator
real
Personalty
purchase realty
Certain choses in action - a right to sue for damages;
copyright
Dispositions of property
Some considerations:
- Are there any
statutory or common
law restrictions on
what he wants to do?
Jointly owned
property? Central
Provident Fund
monies?
Dispositions of property
What if the intended beneficiaries predecease
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Dispositions of property
Immediate legacies to surviving spouse / any
other person?
Gifts to minors - who is to hold pending majority?
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Dispositions of property
Providing for
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Dispositions of property
Gifts to charities / for charitable purposes
To particular organisation
check if registered as a charity under Charities Act;
provide for change of name; activities?
any particular purpose e.g. for certain activities - state so
release trustee once money paid over
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Dispositions of property
For a particular charitable purpose
e.g. for advancement of education; for the poor
If charitable:
can overcome some rules e.g. the rule against
purpose trusts
can be tax exempt
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Immovables
pass according to the law of the location of the land
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Dispositions (contd)
Verbs to use when disposing property:
I give
I devise
I bequeath
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Dispositions (contd)
Failure of gifts
This refers to a gift in a
Will not being able to
vest in the intended
beneficiary.
Consider: If a gift fails,
what will happen to that
asset?
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perpetuities
Gift takes too long to vest absolutely
s. 32 Civil Law Act (2004 amendment) 100 years
perpetuity period
Estate is insolvent
Liabilities exceed assets!
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Will Substitutes
Other ways to give property away
life insurance policy
jointly owned property
inter vivos gift, i.e.. gift made during ones lifetime
donatio mortis causa, i.e.. gift made in
CPF Accounts
Sections 25 & 26 Central Provident Fund Act (Cap.
36)
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Execution
s. 6(2) WA
T to sign at the foot of the will
in front of 2 or more
witnesses present at the
same time
these 2 or more also sign in
Ts presence at the same time
It is sufficient if the testator could
have seen the witnesses sign their
names had he chosen to look.
look
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Execution
The will is not properly executed and thus
void if:
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Execution
Why sign at foot of Will?
s. 6(4) WA
What if Will runs for several pages? Where should
testator sign?
Incompetent witnesses?
s. 9 WA
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258
Amendments
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language signing in
language other than
English
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Execution
Choice of witnesses
No special qualifications
s. 10 WA - beneficiary /
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Execution
Place?
If outside office, execution to be supervised
After execution?
Original
Copies
Inform Wills Registry (Insolvency & Public Trustees
Office)
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Formal Validity
Execution of the will?
s. 5 WA - Wills
executed in other
countries or by
foreigners?
Valid by the formal
requirements of
country of execution,
domicile / nationality /
habitual residence
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Next Lecture
Introduction to Probate and
Letters of Administration