With the birth of his daughter, Heartland Boy has a genuine dependent on his hands now. This has prompted him and his wife to review their insurance policies to ensure that they are comprehensive enough to cater for an additional dependent should anything untoward happen to them. The next major financial action to take is to write his own will after such a life-changing event. This led him to MoneyOwl, which provides online will writing services in Singapore.
Why Heartland Boy Is Writing A Will
1. He decides on how his estate are distributed
If Heartland Boy passes away without making a will, intestacy laws will determine how his estate (assets) are distributed to his beneficiaries. Based on his current family make-up, that means that half of his assets will go to Heartland Girl (surviving spouse) and the other half will go to Heartland Baby. While his current assets are relatively modest, they could grow into a significant sum when insurance payouts are received upon his death. He decides to change the course of action as he would like to include his parents as beneficiaries as well. This is critical because his parents have no retirement funds and are depending on their children to support them in their golden years.
For those who are interested in the Intestate Succession Act, it is available at Singapore Statutes Online.
2.He can appoint executor whom he trusts
Without a will, an administrator (a next-of-kin) must step forward to apply for the Letter of Administration before the next of kin can distribute the estate according to the Interstate Succession Act. With a will, a grant of probate will be issued to the executor of his will. The executor will collect Heartland Boy’s estate and distribute it according to the instructions on his will. This prevents any possible arguments as to who is best suited to be the executor. I think we have all witnessed on some Chinese drama serials on how this can potentially wreck families.
3. He can appoint a guardian to take care of his daughter
If his daughter is below the age of 21 when Heartland Boy kicks the bucket, it is important to make sure that her financial needs are well taken care of by an appointed guardian. Heartland Girl will be the appointed guardian by default. Having a will also allows Heartland Boy to name an alternate guardian should both parents meet with an untimely demise together. Since this is about managing monies, Heartland Boy appointed someone who is extremely prudent with finances.
4.His final act of love for the family
Heartland Boy has always been the Chief Financial Officer of the family as he has a better grasp of the harsh reality of the outside world. That means he manages the all-round financial aspects of the household. He imagines that Heartland Girl will be grieving tremendously upon the death of a spouse and the last thing on her mind would be to get the household finances in order. Therefore, in such circumstances, creating a will is his final act of love for his loved ones. Everything will work efficiently whereby executors and trustees will manage his assets according to the instructions on his will. Heartland Girl can then focus on other aspects of her life, such as providing emotional support to her daughter.
Write A Will Online At MoneyOwl
In looking for will writing companies, Heartland Boy decided to draft a simple will online on his own (very millennial), without any lawyers’ advice and all from the comfort of his own home. He tried the online will writing services provided by MoneyOwl’s software and here is his review.

Diagram 1: Screen-shot of Heartland Boy’s will before it was dated an executed
Hassle-Free Process
The process is unbelievably convenient and hassle free. All Heartland Boy needed was to get the following persons’ names and NRIC
- Spouse
- Child(ren)
- Executor and Trustee
- Alternate-Executor and Trustee
- Beneficiary(ies)
- Alternate Guardian
- 2X Witnesses to the will
Because he already had all the information ready and he knew how he would like his estate to be distributed, Heartland Boy completed the entire online will-writing process in 10 minutes! All these data will be correctly placed into MoneyOwl’s stored template by its robots. There is also no need for the presence of any lawyers to validate the legality of the online will executed.
Do also note that you will be required to create an account with MoneyOwl to be able to save your will and print it out. Once the will has been executed, Heartland Boy stored it together with his insurance folder for safe-keeping.
Extremely Low Cost For Writing A Will
For now, MoneyOwl is running a limited time promotion whereby its email subscribers can try its will writing services for free by using the promo code provided. Do make full use of this promotion to get your will executed at zero cost! For any questions on will writing, do head over to its FAQ section which Heartland Boy found extremely useful.
To find out about MoneyOwl’s comprehensive financial planning services such as unbiased insurance, retirement planning, wealth investment solutions etc, click here via my referral link.
This article is written in collaboration with MoneyOwl but the opinions expressed here are entirely his own
Hi Heartland Boy, I have a will that was written about 20 years ago. It was arranged by an insurance company. I am not sure if the executor (a neutral party and someone whom I met for the first time) is still around. What should I do?
Hi Retired Uncle,
You can use this ICA link (https://eservices.ica.gov.sg/esvclandingpage/extracts) to find out if your executor is still alive 😀