[Sg] Unknown to many, your CPF savings are not covered by a will as they do not form part of your estate.This is to protect CPF from greedy creditors!

UltimaOnline

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gonewiththesmart :​


therefore, you must do your CPF Nomination when you are sound mind. to save your loved one troubles.
or they fight in court for your CPF,,,,

CPF and HDB and your cash inside your pillow are things creditors cannot touch,,

Unknown to many, your CPF savings are not covered by a will as they do not form a part of your estate.
This arrangement is there to protect your CPF savings from creditor claims on
any outstanding debts you may have and preserves your savings for your nominees.


https://www.cpf.gov.sg/member/infoh...many, your CPF,your savings for your nominees.
 
CPF? Don't know and don't care.

That Fuckwarezone member 'gonewiththesmart' sounds like one of those 'financial advisors'.
 

gonewiththesmart :​


therefore, you must do your CPF Nomination when you are sound mind. to save your loved one troubles.
or they fight in court for your CPF,,,,

CPF and HDB and your cash inside your pillow are things creditors cannot touch,,

Unknown to many, your CPF savings are not covered by a will as they do not form a part of your estate.
This arrangement is there to protect your CPF savings from creditor claims on
any outstanding debts you may have and preserves your savings for your nominees.


https://www.cpf.gov.sg/member/infoh...many, your CPF,your savings for your nominees.
That is why CPF is the best...and making a nomination is no different to making a will. If a will is made..why cannot take the extra step and make a nomination? So hard meh?
 
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