How should I keep and store my Singapore Will?

wills storage singapore

  You’ve finally taken the time to have your will drafted by a Singapore lawyer. Everything is settled and you are content with how your assets are going to be allocated after you pass on. Now, there’s just one last thing to consider – where to keep and store the will for safe keeping. It’s…

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What exactly is a Trust Fund and do you need to be rich to set up a Trust Fund for your children in Singapore?

trust fund children singapore

  You may have heard the term “Trust fund” before. It’s likely that if you’re not certain what it means, you probably associate the term with ultra-wealthy Singaporeans. Stories tend to propagate about “trust fund babies”, and how these young people are very well taken care of financially for the rest of their lives. However, if…

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Case Study 1: Why you should draft a Will in Singapore even if you don’t consider yourself Wealthy.

draft wills singapore

  Let us consider the following hypothetical situation. Mr. Jason Tan worked as a taxi-driver for most of his life to support his family. Over the past two years, he switched to driving for Uber in order to increase his monthly income. He is divorced, and has three minor children, two girls and one boy.…

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What is Estate Planning and do you need an Estate Planning Lawyer in Singapore?

estate planning lawyer singapore

  In Singapore’s increasingly affluent population, estate planning has become an important aspect of our lives. However, while the term “estate planning” is bandied around a lot, not many people know what it truly entails. So What is Estate Planning? Estate planning is the process of determining what you want to happen to your estate,…

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How do I apply to be appointed as Deputy for someone who loses Mental Capacity without making a Lasting Power of Attorney in Singapore?

application process deputy singapore

What is a Deputy? As mentioned in a previous post, if you don’t make an LPA in Singapore and lose mental capacity, someone will still have to be appointed to help you make decisions. This person or persons will be appointed by the court to do so, and are referred to as a deputy or…

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Should I hire a Professional Executor to administer my estate in Singapore?

professional executor estate singapore

  In Singapore, it’s not always necessary to hire a professional executor to administer your estate after you pass on. Usually, most people will appoint close friends and family to be the executors of their estate when drafting their wills. However, there are a number of situations when it can be prudent to consider hiring…

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Example of a Will in Singapore

wills template singapore

  The will below is a simple will template for you to adopt and adapt in Singapore. Please note that this does not constitute legal advice and there may be technicalities that are not explained in this sample. If you wish to draft your own will, you should do your own further research to ensure you draft…

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What happens if I lose mental capacity without making a Lasting Power of Attorney in Singapore?

appointment of deputy singapore

  If you lose mental capacity without making a Lasting Power of Attorney (“LPA’) in Singapore, the court will appoint an appropriate person or persons (usually close family members) to take over the decision making of the person who has lost mental capacity. These people will have to apply to court to become the deputy…

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What is Lasting Power of Attorney and How do I get it in Singapore?

Lasting Power of Attorney Singapore

  What is the Lasting Power of Attorney (“LPA”)? Essentially, the LPA is a legal right of the person creating the LPA (usually referred to as the “donor”) to appoint another person (usually referred to as the “donee”) to make decisions regarding his personal affairs and/or property, should that person lose his mental capacity and…

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What exactly does it mean to “Reseal a Commonwealth Grant” in Singapore?

reseal grant of probate singapore

  When a Grant of Representation (Grant of Probate or Letters of Administration, depending on whether the deceased died having created a will) has been obtained from a Commonwealth country, or any other approved country (i.e. the deceased passes away domiciled in any of the Commonwealth countries or approved countries), the High Court of Singapore…

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