My father passed away recently and left his HDB unit to my sister and me. Because he had a Will written, after my mom’s death, my sister and me decided to sell the flat and it was a breeze, albeit some typical government hiccups inter-departments. Nonetheless, the...
Wealth Tax seems unavoidable now for the UHNWs. With Cayman Islands and BVI no longer a draw due to Common Reporting Standard, how will Financial Advisers, Private Bankers, evolve and assist their clients in this area of ‘Tax Planning’? #WealthTax...
I personally spoke with one gentlemane, successful Banker and very affluent, and this is what he shared ‘When I die, I want to use up all my money and die broke’. Being an Insurance Advisor, that got me thinking: What a perspective! This reminded me of what was taught...
As Singapore continue to strenghten its position in Wealth Management with more Family Offices setting up its base here, IBF goes into equipping Advisers towards a stronger position to serve their clients.
For the marriage to fail is very sad, do not compound to the woes with the assets distribution because at that time, both parties are no longer rationale and calm. Left to overwhelming emotions to take care of the process serve nothing but bringing to public all...
Nothing beats leaving cash for your future generations where they can fulfill their goals or pursue their dreams with cash in hand! Leaving assets is only good if the next generation can keep it or not in need of liquid cash, for they may have to monetize it if they...