Foreign Grantor Trust Taxation: A Comprehensive Guide for International Investors, Businesses, and Inheritance Planning

Unlocking Financial Secrets: Explore the World of Foreign Grantor Trusts for International Investors, Businesses, and Inheritance Planning. Discover Tax Efficiency, Asset Protection, and Wealth Preservation in One Comprehensive Guide.

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Wills & Trust

Wills & Trust

Will and trust are essential tools in estate planning. While a will dictates how assets should be distributed, a trust provides additional flexibility and control over asset management. Our experienced team will aid you in creating robust legal documentation to safeguard your legacy with clarity and security, offering peace of mind for you and your loved ones. 

FAQ

A legal document that directs asset distribution and specifies guardianship and other wishes after death. 

Ensures your wishes are followed and prevents family disputes over asset distribution. 

Legal arrangement holding assets for beneficiaries, offering privacy and control over distribution. 

Avoids probate, minimizes taxes, and allows gradual asset distribution. 

Revocable trusts can be changed, while irrevocable trusts generally cannot. 

Yes, through creating new documents or amendments, especially after major life changes.

If you pass away without a will in Singapore, your assets will be distributed according to intestacy laws. This follows a predetermined legal formula, potentially differing from your wishes. 

Yes, they can complement each other, with the will directing assets to the trust. 

We bring the best solutions that meets your requirements

Knowledge & Expertise

In-depth local knowledge spanning over 15 years ensures regulatory compliance & risk-minimized processes.

Proactive & Timely

We take a proactive approach in managing regulatory deadlines and tax submissions to always ensure compliance.

Customized Solutions

There is no one-size-fits-all solution. We strive to understand & address individual needs with customized solutions to help clients achieve specific goals.

Strategic Advisory Services

Beyond compliance, we provide strategic guidance to optimize business structures, reduce tax liabilities, & navigate complicated regulatory environments.

Regular Updates

Clients can expect regular updates on business environment developments & other pertinent information. Our proactive communication empowers you to make the best-informed decisions.

Quality Assurance

Clients can count on us to maintain the highest standards & meticulous attention to detail in every aspect of our work, from financial reporting to legal documents.

Accessibility & Responsiveness

Being readily available & responding promptly to queries are critical aspects of our commitment to client satisfaction.

Continual Education

Continuous training for staff ensures ongoing improvement to deliver high-quality services with integrity & professionalism.

Estate & Legacy Planning

Estate & Legacy Planning

While often perceived as sombre, it is undoubtedly crucial for ensuring the well-being of your loved ones. We approach this process with empathy and sensitivity, understanding your unique situation and objectives. We consolidate assets, analyse potential estate expenses and assess capital needs in case of unforeseen circumstances. And recommending appropriate solutions to mitigate any potential shortfalls in capital. 

Drawing upon our expertise and insights, we then create a comprehensive estate and legacy plan for wealth transfer, charitable giving, or business succession. With our guidance and support, you can rest assured that your legacy will endure. 

FAQ

Wills: A legal document that outlines how your assets should be distributed after your death. 

Trusts: Legal arrangements where a trustee holds assets on behalf of beneficiaries, often used for managing assets and providing for loved ones. 

Beneficiary Designations: Directing who will receive certain assets, such as life insurance policies, retirement accounts, and bank accounts, upon your death. 

Singapore has no estate duty and capital gain tax, but other taxes like stamp duty and income tax may apply.  

However, when inheriting a residential property in Singapore through a will or under the Intestate Succession Act, stamp duties, including the Additional Buyer’s Stamp Duty (ABSD), are generally waived. This exemption applies even if the inheritor already owns multiple properties. 

Estate planning: focus on the distribution and management of financial assets and properties after passing. 

Legacy planning: focus on preserving and passing on intangible assets such as values, beliefs, memories, and traditions. 

If you pass away without a will in Singapore, your assets will be distributed according to intestacy laws. This follows a predetermined legal formula, potentially differing from your wishes.

We bring the best solutions that meets your requirements

Knowledge & Expertise

In-depth local knowledge spanning over 15 years ensures regulatory compliance & risk-minimized processes.

Proactive & Timely

We take a proactive approach in managing regulatory deadlines and tax submissions to always ensure compliance.

Customized Solutions

There is no one-size-fits-all solution. We strive to understand & address individual needs with customized solutions to help clients achieve specific goals.

Strategic Advisory Services

Beyond compliance, we provide strategic guidance to optimize business structures, reduce tax liabilities, & navigate complicated regulatory environments.

Regular Updates

Clients can expect regular updates on business environment developments & other pertinent information. Our proactive communication empowers you to make the best-informed decisions.

Quality Assurance

Clients can count on us to maintain the highest standards & meticulous attention to detail in every aspect of our work, from financial reporting to legal documents.

Accessibility & Responsiveness

Being readily available & responding promptly to queries are critical aspects of our commitment to client satisfaction.

Continual Education

Continuous training for staff ensures ongoing improvement to deliver high-quality services with integrity & professionalism.