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What happens if the CPF Board deems that the CPF nomination was made whilst the member lacked capacity?
If the CPF Board deems that the CPF nomination was made whilst the member lacked capacity within the meaning of section 4 of the Mental Capacity Act 2008, the Board will invalidate the nomination. The previous CPF nomination (if any) made by the member would remain valid (assuming the member did not lack capacity when he made the previous CPF nomination). The member's CPF savings would be distributed in accordance with the intention of the member in his previous valid CPF nomination. If there is no previous valid CPF nomination, the CPF savings would be paid to the Public Trustee for distribution in accordance with intestacy laws.
This information is sourced from CPF.
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