CPF

If the deceased was a CPF member, the nominated beneficiary will receive the deceased person's CPF savings and any monies or assets owned by them. However, if no nomination is made, the Public Trustees will handle CPF savings, other monies, or assets and distribute them to the deceased person's family in accordance with the law.

What happens to your assets when you pass on?

Banks
Contact the banks which the deceased person held accounts. Make sure any automatic monthly payments or GIRO deductions are dealt with accordingly. Check if the deceased had a safety deposit box and follow the bank's instructions to close the account. Check and settle outstanding credit card bills, mortgage, and loans.

Insurance companies
Inform the deceased’s insurance companies. If there are payouts for the beneficiaries, the insurance company will let you know how it works.

Lawyers/solicitors to obtain the will (if there is one)
Inform your loved one's lawyer or solicitor and obtain the will, if there is one. For more information about writing a will, click here. (Link to our will writing page)

Bills and miscellaneous items
Go through your loved one's utilities such as electricity and telephone bills. You will have to inform the relevant companies and ask them to cancel GIRO, if the bills are being paid by GIRO.

Coping with bereavement

• Family Service Centres (FSCs) are neighbourhood-based focal points of family resources which everyone can tap on for any family-related matters, including grief management for the bereaved.
  National FSC Helpline: 1800 838 0100
• Samaritans of Singapore (SOS) is a 24 hour crisis line service which provides emotional support for those who need it, and all calls are kept in strict confidentiality.
  Helpline: 1800 221 4444