What comes under the Residuary Clause Will Singapore?
The Residuary Clause Will in Singapore says the person who gets any assets or the sale proceeds further is not specifically gifted somewhere within the will or trust. Thus, a residuary clause is a catch-all provision that allows a testator of choice or a settler to ensure that all their assets pass as they wish. A residuary clause can be more elaborate and proffers for various unpredicted contingencies while writing the will. Not having a residuary clause is virtually unprecedented in an attorney-drafted will. When it does occur, failing to proffer a residency clause is most likely to be found in a layperson's handwritten (holographic) will. A well-drafted attorney's will or trust should give you greater peace of mind. Is a residuary clause required in the will or trust while writing Will? Yes, both a will and a conviction should always contain a residency clause in addition to any specific bequest clauses. Assets that are not explicitly gifted elsewhere in the will or trus