Fortis Law’s lawyers’ article on “Protection & Preservation of Wealth & Legacies (Part 1): A Bird’s Eye View of Common Trusts” has been published and featured in the Asian Legal Business.
In Asia, trusts are an increasingly popular vehicle for wealth preservation. Generally, trusts operate to exclude assets placed under the trust (the “trust assets”) from their creators’ (the “settlors”) estates and from claims by the settlors’ creditors. With a stable and robust legal infrastructure, SIngapore is increasingly the jurisdiciton of choice for the establishment of trust instruments.
This article highlights the benefits and drawbacks of various trust structures.
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