Trust structures for SFOs: Enhancing Wealth Management And Legacy Preservation
Wealth management has evolved significantly over the years, with affluent families seeking sophisticated solutions to preserve and grow their assets across generations. In Singapore, the introduction of Section 13O by the Inland Revenue Authority of Singapore (IRAS) has provided a regulatory framework for the establishment of single family offices (SFOs), offering a structured approach to wealth management tailored to the needs of affluent families.
