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  • Family Trust » Rockwills Corporation Pte Ltd
    Investment Trusts Property Trusts Charitable Trusts Asset Protection Trusts Elder Trusts Trusts for Young Persons Mass Affluent Trusts Business Succession Trusts Customized Trustee Services Services relating to Private Trusts Companies Escrow Services Agency Services Trustee for Pension Funds Home About Rockwills Trustee Overview Board of Directors Management Team Our Services Private Trustee Services Corporate Trustee Services Customized Trustee Services News Room News Events Press Clipppings Articles FAQs Contact Us Contact

    Original URL path: http://www.rockwills.com.sg/trustee/index.php?mid=3&p=contents-item&id=83 (2012-12-22)
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  • FAQs » Rockwills Corporation Pte Ltd
    Private Trustee Services Corporate Trustee Services Customized Trustee Services News Room News Events Press Clipppings Articles FAQs Contact Us Contact Information Online Enquiries Home FAQs FAQs Page 1 2 3 4 5 What is a Trust A Trust is a legal arrangement where the creator of the trust called the Settlor entrusts and transfers legal ownership of the assets to another person called the trustee under a Trust teed The Trustee then acts for the benefit of the named beneficiaries in the Trust deed for a specified period of time Read More Who is a Trustee Trustee can be a trust corporation or a person chosen by the settlor to carry out the instructions as contained in the trust As a Trustee he has a fiduciary duty to act in the best interest of the beneficiaries Read More Can illegitimate children be the beneficiary Yes anyone can be the beneficiary Read More Does a trust deed need to be stamped No unless the instrument itself is the document evidencing the transfer of land or shares Read More How many witnesses are required during the attestation of the Trust instrument Only one witness is required to be part of the process of execution Read More How long can a Trust last Section 32 Civil Law Act Cap 43 the trust can last for up to 100 years Read More Is the trust arrangement subject to the application of Grant of Probate or Letters of Administration No the Trust settlement is effective once it is executed by the settlor and the Trustee unlike a Will Read More What type of assets can be used to fund the set up of a trust All sorts of assets legally belong to the Settlor save and except those under joint tenancy of which written consent

    Original URL path: http://www.rockwills.com.sg/trustee/index.php?mid=15&p=contents-items&id=8&page=1 (2012-12-22)
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  • I want to give everything to my children, but I may have one or two more children in future. Does it mean that I have to amend the Trust Deed each time I have a new baby? » Rockwills Corporation Pte Ltd
    Trust What kind of Trust should be created to avoid creditors of the Settlor and Beneficiary Since the Discretionary Trust is subject to the discretion of the Trustee in terms of distributions would there be a possibility that the Trustee will abuse such power Why would anyone want to create a Discretionary Trust Can a Living Trust and Testamentary Trust be fixed or discretionary What is the difference between the Fixed Trust and Discretionary Trust As long as the Trust is irrevocable it will prevent creditors from claiming Why would the client create an irrevocable Trust and not on a revocable basis Who else can revoke a revocable Trust other than the Settlor After settling a Living Trust can it be cancelled or terminated As my Will has an embedded Testamentary Trust Why would I need another Trust to carry out my instructions What happens if I have put same properties in the Will and in the Living Trust Would marriage revoke a Trust What are the requirements for a valid Trust If a Trust has so many advantages as compared to a Will should we have a Will or a Trust Would the properties under the Testamentary Trust be subjected to the order from the Court regarding the distribution Is the property under the Trust subject to the procedure of grant of probate or letter of administration Would having a Will be sufficient without having a Trust Why do we need the Trust Can the Settlor be a Beneficiary What does the Settlor own after the transfer of title How does it work What does the Trust do At what age will my children inherit my property What happens if the beneficiary under the Trust predeceases me Can I make revoke amend the Trust What type of assets can

    Original URL path: http://www.rockwills.com.sg/trustee/index.php?mid=15&p=contents-item&id=45 (2012-12-22)
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  • At what age will my children inherit my property? » Rockwills Corporation Pte Ltd
    such power Why would anyone want to create a Discretionary Trust Can a Living Trust and Testamentary Trust be fixed or discretionary What is the difference between the Fixed Trust and Discretionary Trust As long as the Trust is irrevocable it will prevent creditors from claiming Why would the client create an irrevocable Trust and not on a revocable basis Who else can revoke a revocable Trust other than the Settlor After settling a Living Trust can it be cancelled or terminated As my Will has an embedded Testamentary Trust Why would I need another Trust to carry out my instructions What happens if I have put same properties in the Will and in the Living Trust Would marriage revoke a Trust What are the requirements for a valid Trust If a Trust has so many advantages as compared to a Will should we have a Will or a Trust Would the properties under the Testamentary Trust be subjected to the order from the Court regarding the distribution Is the property under the Trust subject to the procedure of grant of probate or letter of administration Would having a Will be sufficient without having a Trust Why do we need the Trust Can the Settlor be a Beneficiary What does the Settlor own after the transfer of title How does it work What does the Trust do I want to give everything to my children but I may have one or two more children in future Does it mean that I have to amend the Trust Deed each time I have a new baby What happens if the beneficiary under the Trust predeceases me Can I make revoke amend the Trust What type of assets can be used to fund the set up of a trust How many witnesses are

    Original URL path: http://www.rockwills.com.sg/trustee/index.php?mid=15&p=contents-item&id=46 (2012-12-22)
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  • Can Protector remove and appoint Trustee? » Rockwills Corporation Pte Ltd
    Can a Living Trust and Testamentary Trust be fixed or discretionary What is the difference between the Fixed Trust and Discretionary Trust As long as the Trust is irrevocable it will prevent creditors from claiming Why would the client create an irrevocable Trust and not on a revocable basis Who else can revoke a revocable Trust other than the Settlor After settling a Living Trust can it be cancelled or terminated As my Will has an embedded Testamentary Trust Why would I need another Trust to carry out my instructions What happens if I have put same properties in the Will and in the Living Trust Would marriage revoke a Trust What are the requirements for a valid Trust If a Trust has so many advantages as compared to a Will should we have a Will or a Trust Would the properties under the Testamentary Trust be subjected to the order from the Court regarding the distribution Is the property under the Trust subject to the procedure of grant of probate or letter of administration Would having a Will be sufficient without having a Trust Why do we need the Trust Can the Settlor be a Beneficiary What does the Settlor own after the transfer of title How does it work What does the Trust do At what age will my children inherit my property I want to give everything to my children but I may have one or two more children in future Does it mean that I have to amend the Trust Deed each time I have a new baby What happens if the beneficiary under the Trust predeceases me Can I make revoke amend the Trust What type of assets can be used to fund the set up of a trust How many witnesses are required during

    Original URL path: http://www.rockwills.com.sg/trustee/index.php?mid=15&p=contents-item&id=47 (2012-12-22)
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  • Testator named Rockwills Trustee Ltd to be the Executor and Trustee in his Will. He also has opted for a testamentary trust in his Will. When the testator dies, Rockwills Trustee Ltd who now is the executor will proceed to obtain the Grant of Probate. » Rockwills Corporation Pte Ltd
    Trust is subject to the discretion of the Trustee in terms of distributions would there be a possibility that the Trustee will abuse such power Why would anyone want to create a Discretionary Trust Can a Living Trust and Testamentary Trust be fixed or discretionary What is the difference between the Fixed Trust and Discretionary Trust As long as the Trust is irrevocable it will prevent creditors from claiming Why would the client create an irrevocable Trust and not on a revocable basis Who else can revoke a revocable Trust other than the Settlor After settling a Living Trust can it be cancelled or terminated As my Will has an embedded Testamentary Trust Why would I need another Trust to carry out my instructions What happens if I have put same properties in the Will and in the Living Trust Would marriage revoke a Trust What are the requirements for a valid Trust If a Trust has so many advantages as compared to a Will should we have a Will or a Trust Would the properties under the Testamentary Trust be subjected to the order from the Court regarding the distribution Is the property under the Trust subject to the procedure of grant of probate or letter of administration Would having a Will be sufficient without having a Trust Why do we need the Trust Can the Settlor be a Beneficiary What does the Settlor own after the transfer of title How does it work What does the Trust do At what age will my children inherit my property I want to give everything to my children but I may have one or two more children in future Does it mean that I have to amend the Trust Deed each time I have a new baby What happens if the

    Original URL path: http://www.rockwills.com.sg/trustee/index.php?mid=15&p=contents-item&id=48 (2012-12-22)
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  • What does the Trust do? » Rockwills Corporation Pte Ltd
    Trust and Testamentary Trust be fixed or discretionary What is the difference between the Fixed Trust and Discretionary Trust As long as the Trust is irrevocable it will prevent creditors from claiming Why would the client create an irrevocable Trust and not on a revocable basis Who else can revoke a revocable Trust other than the Settlor After settling a Living Trust can it be cancelled or terminated As my Will has an embedded Testamentary Trust Why would I need another Trust to carry out my instructions What happens if I have put same properties in the Will and in the Living Trust Would marriage revoke a Trust What are the requirements for a valid Trust If a Trust has so many advantages as compared to a Will should we have a Will or a Trust Would the properties under the Testamentary Trust be subjected to the order from the Court regarding the distribution Is the property under the Trust subject to the procedure of grant of probate or letter of administration Would having a Will be sufficient without having a Trust Why do we need the Trust Can the Settlor be a Beneficiary What does the Settlor own after the transfer of title How does it work At what age will my children inherit my property I want to give everything to my children but I may have one or two more children in future Does it mean that I have to amend the Trust Deed each time I have a new baby What happens if the beneficiary under the Trust predeceases me Can I make revoke amend the Trust What type of assets can be used to fund the set up of a trust How many witnesses are required during the attestation of the Trust instrument Can Protector

    Original URL path: http://www.rockwills.com.sg/trustee/index.php?mid=15&p=contents-item&id=49 (2012-12-22)
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  • How does it work? » Rockwills Corporation Pte Ltd
    a Discretionary Trust Can a Living Trust and Testamentary Trust be fixed or discretionary What is the difference between the Fixed Trust and Discretionary Trust As long as the Trust is irrevocable it will prevent creditors from claiming Why would the client create an irrevocable Trust and not on a revocable basis Who else can revoke a revocable Trust other than the Settlor After settling a Living Trust can it be cancelled or terminated As my Will has an embedded Testamentary Trust Why would I need another Trust to carry out my instructions What happens if I have put same properties in the Will and in the Living Trust Would marriage revoke a Trust What are the requirements for a valid Trust If a Trust has so many advantages as compared to a Will should we have a Will or a Trust Would the properties under the Testamentary Trust be subjected to the order from the Court regarding the distribution Is the property under the Trust subject to the procedure of grant of probate or letter of administration Would having a Will be sufficient without having a Trust Why do we need the Trust Can the Settlor be a Beneficiary What does the Settlor own after the transfer of title What does the Trust do At what age will my children inherit my property I want to give everything to my children but I may have one or two more children in future Does it mean that I have to amend the Trust Deed each time I have a new baby What happens if the beneficiary under the Trust predeceases me Can I make revoke amend the Trust What type of assets can be used to fund the set up of a trust How many witnesses are required during the

    Original URL path: http://www.rockwills.com.sg/trustee/index.php?mid=15&p=contents-item&id=50 (2012-12-22)
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