Publications

15 Results

Legacy Planning – The Pivotal Role Of Wills In The Creation, Protection And Distribution Of Your Estate

  Introduction Legacy Planning stands as an indispensable compass that navigates the complexities of estate management for the prosperity of the future generations. Within this strategic framework, Estate Creation, Estate Protection and Estate Distribution emerge as the fundamental pillars, each playing a distinct role in shaping a comprehensive and enduring legacy; and binding these three […]

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A Single Global Will vs Multiple Jurisdictional Wills: Which Is Better?

Introduction In the complex world of legacy planning, the decision to draft a will is a vital step that ensures one’s hard-earned assets and cherished possessions are distributed according to his/her wishes after his/her demise. With globalization occurring at such a rapid pace and more individuals having assets in multiple jurisdictions, therein lies a common […]

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Business Succession Planning: Keeping Your Business Alive With The Next Generation

Introduction In the dynamic world of business, one constant remains true: change is inevitable. While entrepreneurs and business owners are often focused on the day-to-day operations and growth of their enterprises, they frequently overlook the one crucial aspect that can have a significant impact on their legacy and the future of their businesses – business […]

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Preserving Legacies Beyond Wills: The Power of Legacy Letters

Introduction In an age where more individuals are starting to recognise the importance of legacy planning, legacy letters, together with the will and lasting power of attorney, become essential tools for a holistic legacy plan. While wills handle the distribution of assets, legacy letters play a very different role, providing the writer the opportunity to […]

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Family Constitution And My Family

Introduction In today’s fast-paced and ever-changing world, we see the emergence of families that have amassed huge amounts of wealth in recent years. Such families face unique challenges when it comes to preserving their wealth, values, and unity across generations. Family constitutions have emerged as a powerful tool for such families to navigate these challenges, […]

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Understanding The Differences And Benefits Of A Will And A Trust

Introduction Estate planning can be a complex and daunting task for many individuals, but it is a necessary step to ensure that your assets are distributed according to your wishes after your demise.  Wills and trusts are two of the most common estate planning tools that individuals in Singapore use to achieve this goal. However, […]

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CPF From A Legacy Planning Perspective

Introduction The Central Provident Fund (CPF) is a mandatory savings and social security scheme that is designed to help Singaporeans save throughout their working lives for their retirement. Our CPF contributions are deducted from our salary and are paid into a personal CPF account which can then be used to fund a range of expenses, […]

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The Role Of The Advance Medical Directive (AMD) In Family Legacy Planning

Introduction With the advancement in medical science and technology, patients who typically would be considered terminally ill, now have the option to prolong their life through newly developed medically assisted means. While this would seem to be something worth celebrating, it should also be noted that more often than not, such artificial prolonging of life […]

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Family Legacy Planning – What Is It And Why Is It Important?

Introduction As we celebrate the coming of the new year and start to plan for what the future presents, it is just as important for us to reflect upon our achievements and all the assets that we have amassed through the years – What are they? Where are they held? How shall they be treated […]

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OPGO & The New Lasting Power Of Attorney Application Process

Introduction Just recently on 14 November 2022, following amendments to the Mental Capacity Act (“MCA”) passed in Parliament in July 2021, the Ministry of Social and Family Development (MSF) officially introduced the new Office of Public Guardian Online (OPGO) system which facilitates the new online application process for the Lasting Power Attorney (“LPA”) to the […]

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Does Being Well-Off Equate To Being Well-Taken Care Of?

Introduction Everyone grows old. While there will be a few lucky individuals who will be self-sufficient, lucid and fully functioning till they draw their last breath; for the rest of us, we will eventually need some form of help and care from another when we reach old age. Indeed, it would be a natural assumption […]

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Dealing With A Foreigner’s Estate In Singapore

Introduction With the advent of globalization and Singapore establishing itself as an international financial hub for investment, this has led to an unprecedented increase of non-Singaporeans accumulating Singaporean assets in the recent years. What happens however, when such non-local investors pass on and leave a Singaporean estate of inheritance behind? What steps need to be […]

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