2011 Survey Findings

A team of 4 students from Temasek Polytechnic were commissioned to conduct a marketing survey on the following areas:
  1. How many of those interviewed do not have a Will written;
  2. The reason(s) why they have not written their Wills;
  3. Their understanding of the intestacy rules;
  4. Their opinion on the cost of writing a Will;
  5. Their perception on who can provide the service;
  6. Their understanding on the requirements of a valid Will;
  7. Their understanding of Wills Registry.
  8. Here are some of the findings:
  • 87% of the working adults in Singapore do not have a Will written yet; 
  • 18% of those interviewed are considering making one.  Their age groups:
AgePercentage
21-3015%
31-4030%
41-5035%
Above 5020%

 

  • 18% of those interviewed accurately indicated that there are 9 intestacy rules.
  • 51% of those interviewed thought that a Will made must be registered with the Wills Registry to be recognised as a valid Will.