Is it true, if I want my CPF savings distributed according to Faraid, I do not need to make any nominations?
Savings of deceased CPF members who did not make their CPF nomination will be held by the Public Trustee’s Office (PTO). Family members will have to initiate the claims process, retrieve the deceased’s Inheritance Certificate from the Syariah Court, and provide other necessary paperwork. It can take up to 6 months for your CPF savings to be distributed. The PTO and Syariah Court charges administration fees too.
To ensure that your CPF savings are distributed swiftly, conveniently, at no cost and to prevent potential family rifts and disputes, it is highly recommended to make your CPF nominations.
You may nominate your beneficiaries according to Faraid, and furthermore, do planned giving by nominating your choice of charity or community institutions.
Related questions
Do I need to make a CPF nomination if I want my CPF savings to be distributed according to Faraid?
Do I still need to make a CPF nomination if I have made my Islamic Will?
If I am the sole nominee of the CPF nominations of my deceased family member, must I distribute it to other family members by Faraid? If a valid CPF nomination has been made, can a Faraid heir who has not been nominated claim a portion of the deceased member’s CPF savings?
Do I have to follow faraid portions for CPF nomination?
