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Dear Ms Merr tjah,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

No, you will not be the legal owner of the property since you transfer the property to your child under trust. The property will be fully paid for such cases. Full ownership will be under your child at the age of 21.

This means that if you fall out with your children, you could be evicted.

Equally, you could be forced out if your children decide they want to rent or sell the property – or live there themselves. You will have no control over this, and your children will be able to make a decision without seeking your permission. Be it selling and obtain the fund solely on it own.

Legal fee will be additional of est $2K since trust need to created for your child under 21 as a separate doc.

I am contactable at 92222389  or onassis@sgagent.com / sgrealtor.com
In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | Today’s SG Professional l SGAgent.com & SGRealtor.com

EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

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Singapore Line : (+65) 92222389 
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Email: onassis@sgagent.com / sgrealtor.com
Skype: incomecare

" Engage 1 & Get More than 800 Agents from the #1 TEAM in ERA to Serve You!” Read More

Hi Mdm,

I believe you're asking for the fees involved if you were to draft a Will and will it to your child?

For inheritance, there is no agent fees nor stamp duties involved. Only legal fees involved.

Upon your passing, your appointed lawyer will act on your wishes stated in your Will, and distribute your assets accordingly.

If your child is below the age of 21, you might need to appoint an executor, or someone above the aged 21, to "hold" the property under Trust.

Hope my explanation clarifies. Should you need any assistance, please feel free to email me at robbiechen.pn@gmail.com

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

good day miss merr tjah

Stamp duty payable for transfer of ownership , stamp duty not payable in the case of inherit or will for singaporean .

Transfer is current or now , will or inherit is future after death .

Transfer means your child become owner , will or inherit means your child become owner in future after .................you are still the owner although you have make a will .

Kindly contact me or a no-obligations chat for your property needs .

My charges are 1% commission for exclusive selling rights to your property ( sole agent ) , or 2% for open listing ( many agents ) .

Thank you .

Joanne chia
Chia_joanne@yahoo.com.sg
Hp +65 8333 3327  Read More