Trust Services

Safeguarding Your Wealth , Securing Your Legacy

A trust is a powerful estate planning tool that allows individuals to protect and manage their wealth efficiently while ensuring a smooth transfer of assets to their beneficiaries. Establishing a trust provides enhanced asset protection, greater control over wealth distribution, and financial security for loved ones.
At Stamford Legacy, we specialize in customized trust structures tailored to your specific financial and estate planning objectives.

What is a Trust?

A trust is a legal arrangement where a settlor (the person establishing the trust) transfers assets to a trustee (an individual or institution) to manage and distribute those assets according to predetermined instructions for the benefit of one or more beneficiaries.

Trusts are commonly used for:

Asset Protection – Shielding assets from creditors, lawsuits, or unforeseen financial risks.
Wealth Preservation – Ensuring financial sustainability for future generations.
Estate Planning – Providing structured and tax-efficient inheritance distribution.
Business Succession – Facilitating seamless ownership transitions for family businesses.
Special Needs Planning – Protecting the financial interests of vulnerable dependents.

Find Out How

Types of Trust We Offer

Living Trust (Revocable & Irrevocable Trusts)

A Living Trust is created during the settlor’s lifetime and can either be revocable (modifiable) or irrevocable (permanent).

Revocable Trust – The settlor retains control and can modify the trust terms or revoke it entirely.
Irrevocable Trust – Assets are permanently transferred to the trust, providing greater protection from creditors and legal claims.

Ideal for individuals who want flexibility in managing their assets while ensuring smooth inheritance planning.

Special Needs Trust

This trust is designed for individuals with special needs dependents who require long-term financial protection. It ensures that funds are properly managed and disbursed for their care, even in the absence of the settlor.

Ideal for parents or guardians of individuals with disabilities.

Testamentary Trust

A Testamentary Trust is created under a Will and comes into effect only upon the settlor’s passing.

It ensures structured distribution of wealth based on specified conditions.

Ideal for parents with young children or beneficiaries who may require financial oversight.

Charitable Trust

A Charitable Trust allows the settlor to dedicate assets for philanthropic purposes, ensuring long-term contributions to charities, non-profits, or social causes.

Ideal for individuals looking to establish a lasting legacy of giving.

Standby Trust

A Standby Trust is established as an inactive trust that becomes operational when a triggering event (e.g., incapacitation or death) occurs.

Ideal for those looking for an immediate mechanism to manage assets in case of unforeseen circumstances.

Business Succession Trust

A Business Succession Trust ensures the smooth transition of a business by specifying ownership transfer conditions. It minimizes disputes, provides financial stability, and aligns succession plans with estate distribution goals.

Ideal for business owners seeking continuity and structured leadership transition.

Process flow & Timeline

What is a Will?

A Will is a legally binding document that sets out how your assets will be distributed upon your passing. It allows you to appoint executors, guardians for your minor children, and specify beneficiaries for your estate.
Why should I write a Will?

Writing a Will ensures that your assets are distributed according to your wishes, prevents family disputes, and expedites the probate process. Without a Will, your estate will be distributed according to Singapore’s Intestate Succession Act, which may not align with your intentions.
Who can make a Will in Singapore?

Any person who is at least 21 years old and of sound mind can make a Will. Exceptions may apply for those serving in the military or maritime industry.
What happens if I pass away without a Will?

If you die intestate (without a Will), your assets will be distributed according to the Intestate Succession Act. This may not reflect your preferences and can lead to delays and disputes among family members.
Can I write my own Will?

Yes, you can write your own Will, but it must comply with legal requirements to be valid. A poorly drafted Will may lead to disputes or be declared invalid, which is why seeking professional assistance is recommended.
What are the legal requirements for a Will to be valid in Singapore?

For a Will to be legally valid in Singapore, it must: Be in writing Be signed by the testator (person making the Will) Be witnessed by two or more witnesses (who are not beneficiaries or spouses of beneficiaries) Be made voluntarily and without coercion
Can I update or change my Will?

Yes, you can revise your Will at any time by either: Creating a new Will that revokes the previous one Adding a Codicil (a legal amendment to an existing Will)
Who should I appoint as my executor?

An executor is responsible for carrying out the instructions in your Will. You should appoint a trusted individual (e.g., a family member, friend, or professional executor) who is responsible and capable of handling legal and financial matters.
What assets can I include in my Will?

You can include: Bank accounts Real estate (excluding HDB flats under joint tenancy) Investments (stocks, bonds, insurance policies) Personal belongings (jewelry, vehicles, etc.)
Can my CPF savings be included in my Will?

No, CPF savings cannot be distributed via a Will. Instead, you must make a CPF nomination through the CPF Board to designate beneficiaries.
Where should I keep my Will?

Your Will should be stored in a safe and accessible location, such as: Our Will Custody Service - We provide safekeeping services for Wills With your executor In a safe deposit box
How does a Will differ from a Lasting Power of Attorney (LPA)?

A Will takes effect only after death and governs the distribution of assets. An LPA applies while you are alive but incapacitated, allowing appointed donees to make decisions on your behalf.
How can Stamford Legacy assist me in Will planning?

At Stamford Legacy, we provide comprehensive estate planning services, ensuring your Will is legally sound, accurately reflects your wishes, and is properly executed for peace of mind. Contact us today for a consultation!

Request a Consultation

Planning for the future starts with the right guidance. At Stamford Legacy, we offer professional and personalized consultations to help you navigate the complexities of will planning, estate management, and legal matters with confidence.

During your consultation, our experts will:

Understand Your Needs – We take the time to assess your unique circumstances and concerns.
Provide Tailored Advice – Get clear, customized solutions for will writing, LPAs, probate, trusts, and more.
Answer Your Questions – Gain clarity on legal processes, ensuring you make informed decisions.
Offer a Hassle-Free Experience – We simplify estate planning, making it smooth and stress-free.

Start Planning with Confidence

Whether you’re looking to draft a will, protect your assets, or secure your family’s future, our team is ready to assist you. Book a consultation today and take the first step towards peace of mind.