If a married person without parents and children passes on without a will, who gets his estate?
Retirement & Wills

Quiz
•
Fun
•
Professional Development
•
Easy
valerie lim
Used 5+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Brother
Surviving Spouse
Auntie
Niece
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is CPF disbursement covered by the Will?
Yes
No
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You should not list all your assets in your will as it change all the time. Where can you list your assets?
Schedule of Property
Scale of Assets
Schedule of Assets
Schedule of Acquisitions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
LPA (Lasting Power of Attorney) is used only when the person passes on.
True or False?
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The next-of-kin will take over the assets automatically when mentally incapacitated.
True or False?
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
LPA Form 1 application fee is waived till ________.
December 2026
March 2024
March 2026
December 2024
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why should we try Hybrid Retirement?
So that we can start retirement when we have the energy physically to experience the world.
So that we can impress our friends.
Because full retirement is boring.
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a type of Passive Income ?
A salary from a full-time job
Dividend income from funds
Profits from selling property
Renumeration from online surveys
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the benefits of generating passive income ?
Provides a steady stream of income with less active effort
Diversify income sources and reduce reliance on a single source of income
All of the above
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