The Legacy Trust often serves as a family “savings” plan. The trustee you name to control your Legacy Trust can pay for your family’s college education, or provide income to children and grandchildren.A family legacy is a hope for the future. It arises from using your wealth for the benefit of others. Providing for your family over many generations can create a fantastic legacy.

The Legacy Trust also acts as a special source of funds for use in emergencies. Plus, in the event of an unforeseeable hardship, these savings may even be made available to meet your own emergency needs.

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    I am single, my parents already old and I do not want to border my siblings when event happen.

    I am single, I am with my own now. I had no siblings nor parents around anymore

    How Single Trust Help me?

    By setting up a Single Trust, it can give you peace of mind knowing that when you are not fit to make any financial decisions/ illnesses happen and need someone to take care of us, there are funds available to take care of all this without putting ourselves in bad situation.

    The Single Trust allows you to:

    ✅ Receive money as one of the beneficiaries during your lifetime should you become critically ill and disabled;

    ✅ Distribute your assets the way you want to as the trust will be customized to fulfill your wishes;

    ✅ Use your life insurance policy(ies) and/or other assets such as unit trust and moneys in bank account, to easily set up the trust;

    ✅ Be assured that the trust assets will be quickly available when you need it for maintenance, medical fees and daily expenses.

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      Sale and Purchase Agreements – A Sale and Purchase Agreement is a legally binding contract that outlines the terms and conditions of a sale of any movable or immovable

       

      Transfer of Property – Transfer of Property involves circumstances where an owner wishes to transfer his property to his loved ones without involving a sale, an example is by gift to a spouse, parents, or children, where they will enjoy stamp duty benefits.

       

      Perfection of Transfer and Charge – This document is required in cases where an Individual or Strata Title has NOT been previously issued for a property before a sale.

       

      Deed of Receipt and Reassignment – DRR is to be treated as the same process as Discharge of Charge except that this will not include the redemption of Original Title from the Bank.

       

      Discharge of Charge – Discharge of Charge is a process to redeem the Original Title from the Bank upon settlement of the Borrower’s loan with the financier.

       

      Tenancy and Leases – Tenancy agreement is for rental of a property for three (3) years or less whereas a Lease is for rental of a property for a period of more than three (3) years.

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        Housing Loan Agreement – This agreement is signed between the Borrower and the Bank which consists of the terms and conditions of the loan obtained by the Borrower from the Bank to purchase a housing Property.

         

        Commercial Loan Agreement – This agreement is applicable to business owners and entrepreneurs who are seeking loans from the bank to expand their businesses.

         

        Refinancing Agreement – This agreement involves paying off an existing loan and replacing it with a new one with different terms and conditions (normally with a lower interest rate). It basically means borrowing money from the bank again (or another bank) under a new loan to settle the debt you owe in your current loan account

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          Divorce Proceeding (Joint or Single petition) – A divorce procedure can be filed by mutual consent (ie. Joint Petition) or without mutual consent (ie. Single Petition by one party).

           

          Custodianship of Children – A procedure to decide who shall have guardianship over the child or children, which is the legal and practical relationship between a parent or guardian and a child in that person’s care.

           

          Distribution of Matrimonial Property – A procedure to resolve the issue of dividing a matrimonial property after a breakdown of the marriage.

           

          Maintenance Claims – This is regarding the payment of maintenance and expenses for spouse and/or children.

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            Bankruptcy and Insolvency Proceedings – This is a proceeding to declare a person or a company being bankrupt or insolvent.

             

            Judicial Review – A court proceeding involving a higher court to review the lawfulness or action made by a public body.

             

            Debt Recovery – A court proceeding to recover debts by legal procedures such as judgment debtor summons, garnishee proceedings, writ of seizure and sale, winding-up proceedings, bankruptcy proceedings or order of committal.

             

            Execution of Judgments – A court proceeding to enforce a court judgment by legal procedures such as judgment debtor summons, garnishee proceedings, writ of seizure and sale, winding-up proceedings, bankruptcy proceedings or order of committal.

             

            Corporate & Commercial Disputes Resolution – A procedure to resolve disputes arising from corporate and commercial transactions.

             

            Employment Contracts Dispute Resolution – A procedure to resolve disputes arising from any employment contracts between employer and employee.

             

            Landlord and Tenant Dispute Resolution – A procedure to resolve issues and problems arising between a tenancy agreement.

             

            Discharge of Bankruptcy – A procedure to discharge an individual from bankruptcy after the settlement of his debts.

             

            Injunction Applications – A judicial order restraining a person from beginning or continuing an action threatening or invading the legal right of another, or compelling a person to carry out a certain act, e.g. to make restitution to an injured party.

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              Joint Venture Agreements – A joint venture is a strategic business arrangement or collaboration between two or more parties, where these parties agree to share their expertise, experience, and resources to accomplish a common business activity, goal, or project.

               

              Share Sale Agreements – An agreement between a seller and a purchaser of company shares.

               

              Shareholders Agreements – An agreement outlining the agreed arrangements of a company’s shareholders that describes how the company should be operated and outlines shareholders’ rights and obligations.

               

              Sale of Business Agreement – A legal agreement that finalises the transfer of a business from one party to another. It defines the terms of the agreement, details essential information pertaining to the business being sold, and is the major record for the business transaction.

               

              Settlement Agreement – A contractual agreement between parties to actual or potential litigation by which each party agrees to a resolution of the underlying dispute.

               

              Sponsorship Agreements – An agreement that outlines the legal details between a sponsor and those who must enforce the sponsorship obligation. It also outlines fees for the service, terms of the agreement, and liabilities of the parties.

               

              Franchising and regulatory compliance – A form of strategy to expand and/or distribute businesses, whereby an owner of a business, product, name, or service (“Franchisor”) grants affiliated dealers the right to sell, distribute and/or use such a business, product, name or service (“Franchisees”).

               

              General Contracts & Agreements – We are able to customize any agreements according to your requests to suit any business needs.

               

              Employment Contracts – Agreements signed between an individual employee and an employer establishing the rights and responsibilities of both parties.

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