Hi,
I'm currently working in singapore as only a work permit holder and have bought 2 policies in singapore with a certain amount of sum assured upon death. I also have a few other policies in malaysia which serve different purpose. Therefore, i have a few enquires;
1) If death occurs, how would my assets be distributed?
2) My singapore policies, will they be given straight to my family or otherwise? & will singapore law for estate duty be implementated on me?
3) If i were to set a will, do i set a will in singapore and malaysia individually or will 1 be good enough to cover both country?
4) I do have the intention to become PR with Singapore, so how will it affect me?
Sincerely Thankful;
Karen.C