August 16, 2023 Assessing The Value Of A Corporate Executor In Estate Administration In one of our recent experiences administering an estate, our Precepts Trust colleagues, Mr Kuan Choon and Ms Soo Luan, spent days going through read more
January 21, 2022 Why Setting Up a Family Trust Matters One way to ensure that your loved ones receive the benefits that you have earmarked for them after your death, is to establish a read more
September 12, 2021 5 Issues to Take Note When Addressing Overseas Assets in Your Will Over the course of your life, you may have acquired overseas assets for investment purposes, as a family holiday home, etc. You may wonder read more
September 12, 2021 Vagaries of Intestacy Laws and a Simple Solution In our previous article, we noted that when a person dying intestate, control over his assets is handed over to the courts. There is read more
September 5, 2021 Why Laypersons Should Not Be Executor/ Trustee “I did not receive one nickel of the money and yet my reputation was tarnished!”- the voice of a Toronto accountant who acted as read more
August 27, 2021 Planning for Philanthropy: Making a Lasting Impact There are many things to consider when planning for your estate plans and setting up your Will. Establishing a philanthropic endowment from a percentage read more
August 27, 2021 Prudence in Administering an Estate A Will often stipulates the naming of an executor, be it sole executor, substitute executor, or even joint executor. Executors have a legal duty read more
August 20, 2021 A Closer Look at a Standby Trust Case A Standby Trust is a passive Trust that is on standby/ in dormant mode, only activated when trigger events (mental incapacity or death) occur. read more
August 13, 2021 Succession of Digital Assets – Is There Financial Value? After introducing the reader to the Digital Facilitator in part 1 of this Case Study, we next dissect digital assets into non-financial assets and read more