Have these concerns being bothering you?
What if, I will all my assets to my child, and they squanders the money?
What if, I will all my assets to my elderly parents, and scammers start asking them for money?
How can I make sure my loved ones are taken care of, but also protected from financial mistakes?
A Trust is what you need.
What is a Trust
A trust is a legal arrangement where a trusted individual or institution manages assets on behalf of beneficiaries according to your specific instructions.
Able to consolidate your various asset classes for easy management during your lifetime and beyond through nominations and a properly drafted Will.
Pause or delay asset distribution in specific scenarios, such as a beneficiary's divorce or bankruptcy, to protect your family's wealth.
By nominating your trust as the beneficiary of specific assets, such as CPF and Life Insurance policies, your trustee can bypass probate, enabling quicker access to these funds to meet the immediate needs of your loved ones.
The identities and net worth of your beneficiaries can remain confidential, shielding them from public scrutiny.
The shares allocated to each beneficiary can also be kept private, helping to minimise potential family conflicts.
Benefits of a Trust
Set up periodic distributions instead of large lump sums, ensuring your beneficiaries receive money gradually over time. Hence, reduces the risk of predatory individuals exerting undue influence over beneficiaries.
Low Setup.
Minimal yearly fees till activation.
Consolidate &
Manage Assets
Bypass
Probate
Maintain Assets
within Family
Protect
Vulnerable Beneficiaries
Privacy &
Assets Protection
Affordable
Pricing
Consolidate &
Manage Assets
Able to consolidate your various asset classes for easy management during your lifetime and beyond through nominations and a properly drafted Will.
Maintain Assets
within Family
Pause or delay asset distribution in specific scenarios, such as a beneficiary's divorce or bankruptcy, to protect your family's wealth.
Bypass
Probate
By nominating your trust as the beneficiary of specific assets, such as CPF and Life Insurance policies, your trustee can bypass probate, enabling quicker access to these funds to meet the immediate needs of your loved ones.
Privacy &
Assets Protection
The identities and net worth of your beneficiaries can remain confidential, shielding them from public scrutiny.
The shares allocated to each beneficiary can also be kept private, helping to minimise potential family conflicts.
Benefits of a Trust
Protect
Vulnerable Beneficiaries
Set up periodic distributions instead of large lump sums, ensuring your beneficiaries receive money gradually over time. Hence, reduces the risk of predatory individuals exerting undue influence over beneficiaries.
Affordable
- Low Setup.
- Minimal yearly fees till activation.