We often insure our property, set up long-term investments and cover ourselves via life insurance to ensure those that we love will be looked after after we die, however it is alarming how many people still have not had a Will prepared. Many of us realise that we are not invincible when it’s too late, ensure that you’re prepared.
As an expat in Singapore or elsewhere in the region, it is also important to consider cross-jurisdictional wills. While Singapore is also part of the Commonwealth, there can be differences in the way a Will is treated between various countries, including Australia. This can include incapacity instruments such as Testamentary Trusts, tax treatment on the distribution of assets and other discrepancies. With our third-party relationships, we can guide and assist you in assessing whether a separate Will is required.