THE ROCKWILLS GUIDE TO SUCCESSION AND TRUSTS IN WEALTH MANAGEMENT (SINGAPORE EDITION)

Author Name: Chiwi Lee

Retail Price: RM 120 ; Member Price: RM 88

Description:

This is also the age of the great transfer of wealth! We are seeing in our generation, the largest transfer of money in the history of the world. The trust is expected to feature in much of the wealth transfer. According to the Merrill Lynch Capgemini World Wealth Report of 2007, the wealth of Asia-Pacific High Net Worth Individuals (“HNWIs”) totalled US$8.4 trillion in 2006 with the overall HNWI population growing by 8.6% in that year. India, China, Indonesia and Singapore were among the top ten countries with the fastest growing HNWI populations.

Trust and fiduciary services increasingly feature and complement the wealth management services offered in many established jurisdictions. In Singapore, amendments were made to the Trustee Act in December 2004. This was a major step in modemizing the trust law in Singapore and to boost Singapore’s efforts to establish itself as a centre for wealth management and offshore trusts.

This book, now in its 2nd edition provides a timely and comprehensive coverage of the various aspects concerning trusts and sucession in wealth management. it is written for financial services professionals to help them plan in matters such as structuring of a suitable vehicle for their clients to hold investments and other assets and the distribution of the client’s wealth.

There are fifteen chapters relating to a diversity of subjects that the financial services and wealth management professional will need to know for effective planning. These include an Introduction to Wealth Management, Types and Classification of Assets, Asset Protection and Bankruptcy, Estate Planning, Intestacy and Will Making, Probate and Administration of Estates, Estate Duty and its abolishment in Singapore, Muslim Estates and Inheritance, Tax Planning in Wealth Mangement, Trusts, the Regulation of Singapore Trusts, Trust Administration, Life Insurance Trusts and Business Succession, Offshore Financial Business and Aspects of the Family and other topic in Wealth Management.

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The Rockwills Guide to Succession and Trusts in Wealth Management