How Multi-Family Offices Are Helping High Net Worth Families In Singapore

How Family Offices help the ultra rich in Singapore
Family offices in Singapore are private wealth management firms that cater to high net worth individuals and their families. These offices provide a range of services, including financial planning, investment management, tax planning, and philanthropy, to help clients manage and grow their wealth. In Singapore, family offices have become increasingly popular among wealthy individuals and families as a way to manage and grow their wealth in a personalized and holistic manner.

Wills in Singapore — Asset Protection

Wills in Singapore - Asset Protection

A will is a legal document that specifies how an individual’s assets are to be distributed after their death. In Singapore, wills are governed by the Wills Act, which sets out the requirements for the execution and validity of wills. The Act also provides for the appointment of executors, who…

Decoupling — Saving Taxes on New Property. Buying a Second Home

Unlocking your luxury home. Decoupling — saving taxes on new property.
Decoupling, if a residential property is co-owned, is the transfer of ownership where one of the owners acquires complete ownership of the current property. This is a typical practice for married couples trying to purchase a second home. A couple can separate ownership of the house by removing one spouse’s name from ownership. Thereby, he or she will be freed to purchase a new home without having to pay ABSD for the couple's second property.