Quiz YY

When an owner of a property with a joint tenancy manner of holding dies, his share of the property goes to the surviving owner(s)

• True

• False

Investments bought under the CPF Investment Scheme forms part of the estate when a person dies and are not distributed according to his CPF nomination

• True

• False

When a CPF member who is insured under the Home Protection Scheme dies, his outstanding housing loan will be fully paid for.

• True

• False

Upon death, a CPF member's CPF savings will be distributed in cash to his beneficiaries unless he has opted for the Enhanced Nomination Scheme

• True

• False

If a non-Muslim deceased did not have a will and he left behind a parent, his spouse and two children, his assets will be distributed as follows:

• Spouse 100%

• Child 1: 50%

  Child 2: 50%

• Spouse: 50%
  Child 1: 25%

  Child 2: 25%

• Parent: 25%

  Spouse: 25%

  Child 1: 25%

  Child 2: 25%