News & Insights

Estate Planning, Trusts, Wills

Core estate planning knowledge to protect assets, minimise disputes, and provide long‑term security for loved ones.

A family of 3 putting coins into a piggy family bank

How to Build a Family Bank for Generations in Singapore

Discover how a Family Bank structure helps Singapore families organise, protect and pass on wealth in a responsible way.

A younger woman sits beside an older woman with special needs on a sofa, offering comfort as the older woman appears upset and thoughtful, perhaps discussing sensitive topics like Trusts or SNTC.

Trusts, SNTC and SNSS: Support for Special Needs Families

From daily expenses to long‑term care, this guide shows how SNTC, SNSS and basic estate planning can help you plan ahead with confidence.

A man in a blue shirt sits at a desk, looking thoughtfully at a laptop screen, holding a pen in one hand with his chin resting on the other.

Do I Need a Will or Trust If I’m Not Wealthy?

Learn why ordinary Singaporeans still need a Will or simple Trust. Protect loved ones, avoid delays and keep your estate plan clear and stress free.

A man and woman smile and interact with a baby on a bed in a well-lit room, reminding us that Estate Planning is an Act of Love for your family's future.

Why Estate Planning is an Act of Love, Not Wealth

Your legacy is more than money. It's the love and security you leave behind. A simple plan ensures your family is safe and cared for, always.

Three people sit on a couch in a kitchen, smiling at the camera. The older man holds a stylus and tablet—perhaps planning their Family Trust—while the younger woman hugs the older woman in the center, showing how they protect your wealth and legacy together.

Key Benefits of Setting Up a Family Trust in Singapore

Family trusts help safeguard assets, avoid probate delays, and ensure a smooth wealth transfer while protecting vulnerable heirs in Singapore.

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What Makes a Will Invalid in Singapore? Key Factors to Know

Don't risk your Will being declared invalid. Discover Singapore's legal requirements and essential steps for creating a valid last testament.

A woman with curly hair in a brown sweater diligently writes on paper at a table, her smartphone in her other hand. Shelves and a window form the backdrop as she meticulously avoids will-writing mistakes to ensure everything is perfectly documented.

Top 10 Mistakes to Avoid When Writing a Will in Singapore

Writing a Will in Singapore? Discover 10 crucial mistakes to avoid for a document that protects your estate and ensures your Will is clear, and legally binding....

Three people are seated at a table, engaged in a conversation about the LPA form. An older man in glasses looks at a laptop held by a person in a suit, while a woman beside him smiles attentively.

Understanding the Lasting Power of Attorney (LPA) in Singapore

An LPA ensures your preferences are upheld if you lose mental capacity. Learn the differences between LPA Form 1 and Form 2 for tailored solutions.

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Estate Planning Strategies for Business Owners in Singapore

Discover essential estate planning strategies for business owners in Singapore. Learn how to secure your legacy, and ensure business continuity.

Four people are smiling in a circle, looking down at the camera against a blue sky, as if enjoying a bright moment together—a perfect reminder of how estate planning can protect your assets and family.

Starting Estate Planning: A Step-by-Step Guide for Peace of Mind

Understand the significance and advantages of estate planning. Learn more with our in-depth step-by-step guide to protect your assets and family in Singapore.

A woman sits at a desk reviewing documents related to asset management, with a laptop in front of her and a notebook beside her. A bookshelf and plant are in the background.

15 Common Mistakes Executors Make in Singapore and How to Avoid Them

Equip yourself with the knowledge to avoid common Executor mistakes in Singapore, ensuring the wishes of the deceased are respected and executed smoothly.

Five people, spanning three generations, sit on a bench outdoors, smiling at the camera. The group includes two men, two women, and a young girl in the front.

What is the purpose of a Standby Trust?

Understanding the purpose of a standby trust is essential for effective estate planning. A standby trust is designed to activate under specific circumstances, providing...

A man in a suit sits at a desk with a laptop, pen and paper, and office supplies, looking thoughtfully at the screen, perhaps contemplating having a will prepared.

Can a Foreigner Make a Will in Singapore?

Guide for Foreigners on Estate Planning in Singapore: Learn about making a Will, key considerations, and navigating local regulations.

An elderly couple sits at a table reviewing documents with a person across from them. The man holds papers related to having a will, and the woman smiles while holding her glasses.

How Often Should You Update Your Will?

Learn when to update your Will to ensure it reflects your current wishes. Discover the life events that trigger the need for a Will revision.

Two people seated at a table discussing Estate Planning, with one person pointing at the paperwork. A small model house and notebooks are on the table.

Will vs. Trust: Understanding the Key Differences in Estate Planning

It’s important for individuals to consult with experienced estate planning professionals before deciding whether to have a Will, Trust, or both. Each person’s...

Secured Communications Portal Built for Professional Interactions

Secured Communication Portal Built for Professional Interactions

Discover our secure portal for professional interactions. Ensure confidential and efficient communication with PreceptsGroup.

A maroon text box over a residential building background states: "ABSD (Trust) won’t impact those who have Standby Trusts and pour-over Wills.

ABSD (Trust) won’t impact those who have Standby Trusts with pour-over

The Ministry of Finance on 8 May 2022 announced that an Additional Buyer’s Stamp Duty (ABSD) of 35% will be imposed for the transfer of residential property into...

The rights of survivorship for joint tenants in the UK

Learn about rights of survivorship for joint tenants in the UK. Understand your legal position and property ownership implications.

Wealth planning for high net worth individuals

In the first part of this two-part article, Kimmis Pun of Shenning Investments examines the use of Family Trusts to manage the wealth of High Net Worth individuals...

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Foreign Grantor Trust for Non-US Tax Residents

Discover the advantages and limitations of Foreign Grantor Trusts. Learn how PreceptsGroup can help you navigate the complexities of US tax laws.

Estate Planning In Indonesia Faces Pandemic-Driven Challenges

The impact of the Covid-19 pandemic has been significant on the estate planning landscape in Indonesia.

Signficant changes to Taxation of Foreign Income Source | Precepts Group

Update on Malaysia 2022 Budget Proposals

The Malaysian 2022 Budget announced on 29 October 2021 was passed into law as the Finance Act 2021 on December 31, 2021.

Distribution of joint ownership assets in wills and trust in Singapore | Precepts Group

Joint ownership and accompanying woes

Joint ownership isn't bulletproof. Learn how resulting trusts and the law of survivorship affect your assets, and why proper Will writing matters.

The Singapore Landed Residential Property Report

Discover how Singapore's landed properties performed in 2021. Insights into price growth, demand, and government measures affecting the market.

Let your legacy live on with your loved ones | Precepts Group

The Risks Of Delaying The Writing Of Your Will

Delaying your Will could lead to unintended asset distribution. Secure your legacy by understanding the pitfalls of self-written Wills and act promptly.

UK Estate Planning Focus: Residence Nil Rate Band Planning

For clients who are domiciled within the UK, or who are domiciled elsewhere but own property within the UK, the Residence Nil Rate Band (RNRB) is of key importa...

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Professional Executor Expedites Estate Settlements

Professional executors simplify complex estates. Learn how Precepts Trustee resolves disputes and secures family inheritances seamlessly.

A woman and a young girl with pigtails are sitting together, playing with colorful block toys on a white surface, building not just structures but a legacy of trust and shared memories.

My Legacy Is In The Name Of My Trust

How do I choose a name for my Trust? Should it carry my name?

An older man and woman walk barefoot on a sunny beach, wearing hats and casual clothing. The ocean glistens in the background under a clear blue sky. Icons float above them, symbolizing travel and leisure, subtly reminding us of the importance of estate planning for a secure future.

The Importance Of Holistic Estate Planning

Elijah* (not his real name) had written his Will with Precepts. He passed away recently, leaving behind his wife and his special needs daughter.

The Private Trust Company (PTC) Solution

Discover how a Private Trust Company (PTC) acts as trustee for family trusts, holding family company ownership, offering an alternative to traditional trusts.

Why Set Up a Trust?

Explore how trusts can safeguard your assets, protect beneficiaries, and provide tax advantages, ensuring a secure financial future for your family.

Family Office

Some of the high-net-worth individuals (HNWI) may have the resources and need to set up what is termed as a “Family Office” to manage the substantial wealth and...

What is a Person’s “Domicile” and Its Relevance for Probate and Administration

A person’s domicile is basically the place where he intends to make his permanent or ultimate home and where he will return to, even if he may presently reside somewhere...

A wooden judge's gavel rests on a white surface, casting a distinct shadow, symbolizing the gravity of legal guardianship in Singapore.

Importance Of Planning the Perwalian (Legal Guardianship)

Tri Djoko Santoso AEPP®, CFP® Founder, LN Consulting Tri Djoko Santoso CFP®, AEPP® is the founder of a leading financial planning school in Indonesia. His school...

Case Study Relating to the Validity of Wills

A Battle of Wills and the Propounder Having the Burden of Proof to Show Mental Capacity

Malaysian Estate Planning Trends

Sam Chan LLB, CLP Assistant General Manager Franchise Development & Training Rockwills Corporation Sdn Bhd Estate Planning with a holistic approach had started...

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What are Digital Assets?

Digital assets comprise electronic records and information, documents, literary works, images and even money in electronic form stored in computers, hard disks,...

A white piggy bank with a rolled-up dollar bill inserted into the slot, set against a blue background symbolizes the importance of setting up a trust in Singapore.

Avoidance Of ABSD And Purchases Under Trusts

Legal Warning for Avoiding ABSD The prosecution of the various parties is a warning to any person who attempts to use fraudulent documents to avoid paying ABSD (Additional...

A man and woman sit at a table, reviewing documents. The woman points at a tablet, and the man holds a pen. Amidst food items and a coffee cup, they seem focused on tracing beneficiaries.

Tracing Beneficiaries

Learn about the difficulties in tracing beneficiaries in the absence of a Will, featuring real examples and expert insights from Mr Lee Chiwi.

Two people collaborate over a business strategy plan on a table with a laptop, cameras, coffee cup, and notebooks, discussing essential details including CPF nomination strategies.

The Things to Know About ProviTrust – Series 1

Ooi Sen TeeAEPP®Relationship Manager Precepts Trustee Ltd (PTL)/Estate Planning Practitioners Limited (EPPL) Since the launch of ProviTrust, we are heartened to...

What Happens When No CPF Nomination Is Made?

If the CPF account holder dies without making his CPF nomination, his CPF savings will be transferred to the Public Trustee’s Office for distribution to his family...

A stack of divorce papers with the word "DIVORCE" in bold lettering sits next to a black fountain pen, hinting at the complexities of estate planning Singapore often necessitates.

Estate Planning for Divorcees (part 2)

Lisa Gay (Business Development Executive, Marketing) caught up with Ms Lim Kim Hong (Advocate & Solicitor, Sole Proprietor, Kim & Co.) and Tan Hwee Heng...

Close-up of a gavel resting on a block in the foreground, symbolizing the weight of justice, with the out-of-focus figure of a judge reading a document in the background, pondering the unintended consequences of default intestacy law.

The Default Intestacy Law May Have Unintended Consequences

The default mechanism of the intestate distribution gives the estate of the deceased to the persons whom the law deems to be the people closest to the deceased in...

Appointing the Executor and Trustee

The spouse, children or immediate family members are often the logical choice for the appointment as executors and trustees.

Legal Guardianship Singapore | PreceptsGroup

Guardianship in a Will

When a parent has any minor children aged under 21, one of the priorities when writing a Will would be to make a provision for a trusted friend or family member......

Silhouette of an adult lifting a child in the air at sunset by the ocean, capturing a moment as timeless and essential as understanding legal wills for future security.

Criteria in selecting a suitable executor and trustee

The spouse, children or immediate family members are often the logical choice for the appointment as executors and trustees.

A fountain pen rests on an open spiral-bound notebook with lined paper, placed on a wooden surface, awaiting the trustee's notes.

Legal Requirements for Valid Wills

There are some basic legal requirements for a will to be valid under the Wills Act (Cap 352).

A man in a suit, with a thoughtful expression, appears beside text that states, "Why laypersons should not be Executor/Trustee," with a lightbulb and question marks illustration above, symbolizing the challenges involved.

Challenges faced by Executor and Trustee

“I did not receive one nickel of the money and yet my reputation was tarnished!”

A group of six business professionals in formal attire are seated and standing around a table. Two of them are shaking hands, while others smile and look at each other, discussing vital business succession plans.

The Need for Business Succession Plans

While the concept of having a Business Continuity Plan (BCP) has been around for quite a while

Setting up a trust in Singapore | Precepts

Ultimate Guide to Setting Up a Trust

When the word “trust” is mentioned, it is likely that this term will go over the heads of majority of Singaporeans.

Helping Families through our Estate Administration Work

Over the years, we have helped many families in administrating their family members’ estates. In some cases, the estate administration was extremely chall

Close-up of a diamond ring with the text "The Estate of MMK" above it, reflecting the timeless elegance often involved in wills Singapore.

Estate Case Sample: Estate of MMK

In one of the more prominent cases we’ve had in recent years, the Estate of MMK case ended after a long-drawn-out 4 years of legal proceedings.

Two people shaking hands in an office setting, with focus on their hands and a blurred background featuring chairs and tables, signify the crucial role of trust between executors.

The Role of Executors and Trustee (Part Two)

One of the most common issues for the individual executor or trustee is the failure to identify,

The Role of Executors and Trustee (Part One)

When a family member passes away leaving a Will, the appointed Executor will step in to act as the personal representative

Two people working at a desk with laptops, writing on papers and using pens, engaged in collaboration, possibly drafting wills in Singapore.

Estate Administration for Insolvent Estates

Learn the process of managing insolvent estates. Discover how PreceptsGroup provided relief and expert guidance in estate administration.

5 Issues to Take Note When Addressing Overseas Assets in Your Will" by Precepts Legacy, displayed over a background image of a modern apartment building in Singapore.

5 Issues to Take Note When Addressing Overseas Assets in Your Singapore Will

Find out how different jurisdictions affect your Will's validity and learn the pros and cons of having multiple Wills for international assets

PRIVATE TRUST COMPANY (PTC)

The use of trust for legacy and succession planning has its significant merits but there are some limitations. The use of trusts for legacy and succession

Image of a lighthouse with the text "Guardianships: Worth It?" displayed across the sky background.

Guardianships are they really worth it?

Most of us have probably come across the term "Guardian" or "Guardianship", but have you ever stopped to think about whether this is something you need to

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