For Your Peace of Mind and Family’s Future
Singapore Trust Company
Trust planning is a powerful tool for protecting your assets and ensuring they are distributed according to your wishes. At The Life Legacy, we specialise in comprehensive trust planning services, helping you establish a secure financial future for your loved ones. As a leading trust company in Singapore, we provide personalised guidance to set up a trust that aligns with your goals, safeguarding your legacy with confidence.
Trust Planning Singapore
Trusts is used in conjunction with your will. It allows you to have more control with the
distribution of your assets and secure the future of your loved ones.
It is a powerful instrument to meet your objectives even after you have long passed on. We can help you understand if you need a trust and how you can set it up at an affordable price.
4 Benefits of Setting Up
A Trust
1. Professional Management
You can appoint a Trusted individual or professional Trustee to oversee the finances. This individual ensures responsible management of the funds, catering to the beneficiary's needs while considering their long-term well-being.
3. Conditional Distribution
The Trust can be designed to tie access to funds to specific milestones or goals. For instance, the beneficiary might receive a larger payout upon completing their education or reaching a certain age.
2. Phased Distribution
Instead of a lump sum, you can choose to distribute the inheritance or gift in stages, ensuring your loved one receives a manageable amount at specific intervals (e.g., monthly or annually).
4. Inter-generational Wealth Distribution
Trusts provide a structured framework for passing wealth to your beneficiaries. You can designate not only your children but also grandchildren and future generations as recipients. This ensures your legacy continues to support your family for years to come.
Why Choose The Life Legacy?
At The Life Legacy, we understand the importance of safeguarding your assets and ensuring your wishes are carried out faithfully. Our team of experienced estate planning specialists can guide you through the entire Trust creation process, from initial consultation to drafting a comprehensive and secure Trust document.
Protect Your Legacy. Contact The Life Legacy Today.
Schedule a consultation with our team to discuss your unique circumstances and explore how a strategically crafted Trust can fulfil your wealth preservation and inheritance goals.
Together, let's ensure your legacy lives on.
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What is LPA?The LPA is a legal document that allows a person who is of legal age (21 years and above) to appoint one or more persons to make decisions on their behalf should they become mentally incapacitated during their lifetime.
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What is the difference between LPA Form 1 and Form 2?The LPA Form 1 allows you to assign general powers to donees without specific or detailed instructions and can be done easily online followed by a certification, whereas the LPA Form 2 allows you to assign specific and detailed instructions to your donees and is required to be done through a lawyer.
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How much does LPA cost?The submission of LPA form 1 costs $70 for Singapore Citizens, $90 for Singapore PRs and $230 for foreigners. The submission fee is waived for citizens until 31st of March 2026, however the LPA Form 1 requires a doctor or lawyer's certification which will incur consultation fees. The submission of LPA form 2 costs $185 for Singapore Citizens, $230 for Singapore PRs and $275 for foreigners in addition to a lawyer's fee as this can only be done through a lawyer.
