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Hi, appreciate it if anyone can enlighten me on the use of trusts for HDB flats.

I am buying a flat for my mom and would like to arrange for a trust to be done up so that she will transfer the ownership of the flat to me should she pass on.

Is this possible?
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2 Answers

Mike Lim
Replied
Afternoon,

All I can say is, TRUSTS, which would be more manageable if a WILL, have being written.
As for being a TRUSTEE, without a WILL, it's more dependent on situation.

FYI.
Mike Lim
 96929209 
ERA Read More
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Johnny Goh Mui Huat
Replied
Hi Joo,

For your situation, I advised you to get a will. It will be easier when she pass on. If she pass on intestate, that is, without a will, her estate will be distributed evenly according to the law.

Hope I had answered your question.

Feel free to contact me if you required any assistance.

Thanks and Regards
Johnny Goh
Group Director
Dennis Wee Realty Pte Ltd
CEA registration number R018297H
Mobile: 90906267 
Email: johnnygohmh@dwg.com.sg
Website: johnnygohproperty.com Read More
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