A Family Trust For Mass Affluent (Standby Trusts)
Like many Singaporeans, you have worked hard and managed to scrimp together some or a fair amount of wealth which you hope to pass on to your children and loved ones.
How are you planning for them to receive this wealth? Do you intend to let them have it in a lump sum or staggered over a period of time? Would your children be able to handle the monies from selling your Million Dollar HDB flat?
To have your beneficiaries appreciate your hard-earned wealth over a longer term and not just over a short period of time, you can consider setting up a Trust. You have heard that a Trust is a good solution, but is expensive to maintain. This is why a Standby Trust is getting popular as it is very low set up cost and maintenance.
A Standby Trust ensures that your beneficiaries are taken care of over a period of time; not just right after your demise.
It is a family-friendly solution that most families need. As the
Settlor of the Trust (the person who has the assets), you remain in
complete control of your assets until you pass away. You can also amend
your wishes and intentions anytime during your lifetime, at little or
no cost at all.
Attend this talk for more insights on Standby Trusts. Admission is free.
Speaker : Ang Kok Chin
Event : Rockwills Estate Planning Public Forum 2017
Note: The company will contact you to verify your details before we confirm your registration.
- The event description was updated. Diff#247554 2017-05-19 03:16:50
10:50 AM - 11:20 AM SGT
- Suntec Convention Center, 3rd Floor (Room MR322), 1 Raffles Boulevard, Suntec City, Singapore 03959
- Venue Address
- Suntec Convention Center, 3rd Floor (Room MR322), 1 Raffles Boulevard, Suntec City, 03959 Singapore