What is Estate Planning? Estate planning refers to the process of determining what happens to one’s assets, including the management of your property and financial affairs, in the event that you lose mental capacity or pass on. This article will introduce two important tools in estate planning: A will; and…
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Employers! 3 things to look out for during a retrenchment exercise
In August 2016, the Ministry of Trade and Industry narrowed its forecast on how much Singapore’s economy would expand from 1-3% to 1-2%. Faced with what could be the slowest year of growth for Singapore since 2009, employers might find themselves having to manage excess manpower by conducting a retrenchment…
The Lowering Cost of Legal Services in Singapore
For as long as lawyers have been providing legal services and clients have been consuming them, cost has always been an issue of contention. The constant refrain in Singapore is that legal fees are too high, and that most lawyers are over-paid stuffed suits sitting in their plush offices in…
How does a foreigner become a Singapore citizen or Permanent Resident?
A person can become a Singapore citizen via the following ways: Via Birth: A person who is born in Singapore with at least one parent who is a Singapore citizen. Via Descent: A person born outside Singapore after 15 May 2004, with at least one parent who is a Singaporean…