Sullivan: Setting the stage for developments in trust administration in SingaporeSeptember 20, 2024Singapore: In this client alert, we discuss the Singapore High Court’s recent decision of Sir Cornelius Sean Sullivan v Hill Capital Pte Ltd and Another [2024] SGHC 157 and its unique factual circumstances, where the purported beneficiary of a trust challenged the applicability of the jurisdiction clause after the trustee changed the proper law and forum for administration from Isle of Man to Singapore.
Can beneficiaries of a trust request for disclosure of communications between the trustee and other beneficiaries?April 30, 2024Singapore: Can a beneficiary of a trust request for disclosure of communications between the trustee and other beneficiaries? The Singapore High Court decision in Mustaq Ahmad v Providentia Wealth Management Ltd and others suggests that beneficiaries have limited and conditional rights to disclosure within the context of trust law, with no statutory provisions explicitly addressing disclosure to beneficiaries. A beneficiary’s right to seek disclosure of trust documents and communications is part of the court’s inherent jurisdiction to supervise trust administration.
Future of estate planning: Probate eServiceMay 12, 2023Singapore: If you are the sole executor of a will and need to apply for a Grant of Probate in Singapore to deal with the estate (i.e.: property and belongings) of someone who has passed away, you may be interested in the Probate eService, an online service launched in 2023 that simplifies the process of applying for a Grant of Probate in eligible cases. This article examines the eligibility criteria, the steps involved, and some differences between the Probate eService and the traditional probate application process.