Quiz: Singapore Intestate Succession Act 1967

Quiz: Singapore Intestate Succession Act 1967

KG

10 Qs

quiz-placeholder

Similar activities

Basic Succession and Estate Taxation

Basic Succession and Estate Taxation

3rd Grade

15 Qs

Programa de Atualização Cadastral – PAC – RH/2024

Programa de Atualização Cadastral – PAC – RH/2024

2nd Grade - University

11 Qs

introduction to criminology

introduction to criminology

University

10 Qs

Teste de cartão

Teste de cartão

Professional Development

7 Qs

ATIVIDADE 1 - FI - INVESTIMENTOS

ATIVIDADE 1 - FI - INVESTIMENTOS

Professional Development

11 Qs

Statistics Quiz

Statistics Quiz

9th - 12th Grade

10 Qs

La formation

La formation

1st Grade

10 Qs

QUIZ CPF

QUIZ CPF

University

12 Qs

Quiz: Singapore Intestate Succession Act 1967

Quiz: Singapore Intestate Succession Act 1967

Assessment

Quiz

Other

KG

Medium

Created by

valerie lim

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Mr. Tan dies intestate, leaving a wife and two children. One of the children has a disability and requires ongoing care. How might the Intestate Succession Act's distribution create challenges in this situation?"

  • The Act will automatically create a special needs trust for the disabled child.

  • The Act's equal distribution may not adequately provide for the disabled child's ongoing care needs.

  • The Act allows the surviving spouse to manage the estate according to the child's needs.

  • The Act will provide additional funds specifically for the disabled child.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Ms. Lim dies intestate with significant CPF savings. What happens to these savings?"

  • The CPF savings are distributed according to the Intestate Succession Act 1967.

  • The CPF savings are forfeited to the government.

  • The CPF savings are distributed according to a separate CPF nomination, or if there is no nomination, according to the Intestate Succession Act.

  • The CPF savings are held in trust indefinitely.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Mrs. Goh leaves a will disposing of some, but not all, of her property. How is the undisposed portion of her property distributed?"

  • According to the terms of the will.

According to the Intestate Succession Act 1967.

  • At the discretion of the executor.

  • It is forfeited to the government.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"A young couple with small children die without a will. Who decides who will be the guardian of those children?"

  • The eldest living relative.

  • The children's godparents.

  • The court.

  • The children's teachers.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Mr. Lee, a business owner (sole proprietor), dies intestate. What potential problem might arise regarding his business?"

  1. The business will automatically be transferred to his eldest child.

  1. The business will be liquidated and the proceeds distributed according to the Act.

  1. The business will continue to operate under the management of the surviving spouse.

  1. The business will be held in trust indefinitely.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Ms. Chua, an unmarried individual with a long-term partner, dies intestate. What happens to her assets?"

  1. Her assets will be distributed to her long-term partner.

  1. Her assets will be distributed to her nearest blood relatives according to the Act.

  1. Her assets will be held in joint tenancy with her partner.

  1. Her assets will be donated to charity.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Mr. and Mrs. Raj, a blended family with children from previous marriages, die intestate. How will their assets be distributed?"

  1. Equally among all children, including stepchildren.

  1. According to the Intestate Succession Act, which may exclude stepchildren.

  1. At the discretion of the court, considering all family members.

  1. To the eldest child from the most recent marriage.

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?

Discover more resources for Other