Wills Custody
Your Will is an important document!
Only the Original Will can be admitted in the Courts. Hence it is VERY important that you keep your Will safely!
Once your Will has been drawn up, signed, dated and witnessed, it should be kept in a safe, easy to access place, as it is a very important legal document. Any damage to the Will document can lead to challenges made in court and legal problems with the administration of your estate. Loss of the Will document will of course, cause even greater problems as there will be no formal record of your wishes.
Three (3) Main Considerations when keeping your Will:
Free from Tampering
Your Will should be kept in a place where access is limited so no one can tamper with your Will.
Safe from Destruction
Your Will should be kept in safe place, away from fire hazard, theft and destruction.
Easy to Access
You should make sure your Executors know the location of your Will, and how to access it when the time comes for it to be executed.
While writing a WILL is important, it is equally important to ensure that proper steps are taken to make your WILL available when it is needed most.
Common places to keep your Will:
- In a financial institution's deposit box
You can keep your Will in a financial institution's safe deposit box. However, the smallest safe deposit box will cost you about at least S$90 per year, not to mention that you have to keep an account with the financial institution. Furthermore, what happens when you passes away? Who will have access to the safe deposit box then? Your executor will not have access to your deposit box if you did not leave proper instructions to the banks. You will need to check with your bank about their requirements on your passing.
- In a safe place at home
If you choose to keep your Will at home, there is no guarantee that it will be protected from fire, theft, flooding or pests. Or you may simply misplace your Will. In addition, it must be accessible to the executor. If you do decide to store your Will at home you will need to tell someone you trust where you have put it, so that it can be found after your passing. This is very important, because if the original, signed Will is not found, your estate would be treated as if you had died intestate, and your assets might not be distributed as you would have wished.
Our Safe Keeping Service:
Only your Original Will is admitted in Court and any marks or amendments on your Original Will can render it null and void. Hence, it is important that you ensure your Original Will is Free from Tampering and Safe from Destruction.
This is where our Wills Custody Service can come in
How we are different:
Safe & Secure - your Original Will is kept at Certis Cisco Safe Deposit Box with 24 hours surveillance and armed-guards protection.
Affordable Rates - We offer the Best Value-for-money service in market and is more affordable than most Bank’s safe deposit box.
Stringent System of Retrieval - we make sure ONLY you or your Executors can access your Will when needed!
Free review of your current Will- if your Will is written at some other places, we will help to review your Will to make sure it's up to date and comply with all legal requirements.
Two (2) Free Exchange during Lifetime* - when you change your Will, simply give us your New Will and we will return your old Will in exchange, and you can do this up to 2 times during the lifetime custody without additional charges
Refund Policy* - if our company folds for whatever reason, we will return your Original Will together with a pro-rated refund* during the first ten (10) years of your lifetime custody period.
Registration with Wills Registry (SGD50 per Will) included* - for Lifetime Custody service & 10 years Custody service.
*Terms & Conditions Apply
Cost of Wills Custody Service:
At The Legacy Protector Pte Ltd, our Safe Keeping Service is at only $60/- per year.
Promotion - Discount 34%!!
SGD118/- for 3 Years Storage (Usual SGD180/-)
Lifetime Custody at only $588/- Net Per Pax
*Price include Deposit of Will Information at Wills Registry (a SGD50 value!)
Husband & Wife (2 Wills) Lifetime Custody at only $788/- Net!
*Price include Deposit of Will Information at Wills Registry (SGD50 X 2 Wills = $100/- value!)
Shorter Periods Available:
5 Years Custody - U.P. S$300.00 - Discount 20% - NOW S$240.00 Net
10 Years Custody - U.P. S$600.00 - Discount 30% - NOW S$420.00 Net
*(Promotions Valid till 31 Dec 2024)
For enquiries, please call or WhatsApp +65 6250 9656 (Mr. Ambrose CK Ting of The Legacy Protector Pte Ltd)
Frequently Asked Questions (FAQ):
Q1: Who will know that my Will is deposited with your company?
Ans: Firstly, we will deposit your Will Information with the Wills Registry - an online database maintained by the Singapore Academy of Law under Ministry of Law. Secondly, each of your Executors will receive a "Wills Deposit Certificate" listing down the procedure of withdrawal of the Original Will. When the testator/testatrix passed away, the Executor will notify us (based on the information inside the Will Deposit Certificate) and we will give back the Original Will to the Executor within 48 hours.
Wills Retrieval Procedures:
Step 1: When you sign up the Wills Custody Service, we will issue you and your Executors a "Will Deposit Certificate".
Step 2: When the time comes, only the Certificate holder (i.e. the Executor(s) or your closest next-of-kin) will know that the Will is kept with us. The Certificate holder must then contact our office, and show proof of the testator's death by producing the death certificate.
Step 3: We will arrange to take out the original Will from our depository, and arrange to meet up with the Certificate Holder, PLUS in the presence of at least one witness, who is usually the Probate Lawyer.
Step 4: Once the original Will is given to the Certificate Holder (who is usually the Executor), the Certificate Holder will then sign an acknowledgement that he or she has taken the Original Will. We will keep a copy of the person's NRIC as record.
Q2: How do you ensure my Will is safe?
Ans: Your Will is kept with Certis Cisco - protected by trained Auxiliary Police Officers and Specialized Security Equipment that is fire-proof! The premise is under 24 hours surveillance and only Authorized Officers of The Legacy Protector Pte Ltd will have access to the safe deposit boxes.
Q3: What happens if your company is no longer around?
Ans: We are a Singapore Registered Private Limited Company which has to comply with Singapore Law should the company be folded due to whatever reasons. When this happens, we will have procedures in place to retrieve the Wills from Certis Cisco and return to you in accordance to our Terms and Conditions.
Q4: How fast can I retrieve my will?
Ans: Certis Cisco is open every day and hence our SLA - Service Level Agreement is to give you back your Will within 48 hours after you have informed us.
Q5: Are there any refund for early termination of this Service?
Ans: There is no early termination fees. However, if the company is closed for whatever reasons, refund is possible with the return of your Original Wills to you, in accordance to our Terms and Conditions.
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