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I want to know what is the legal charges, and agent fee for a property to be inherited to my child. Will the charges be the same as normal sale transaction? Will the property be still under my name? or her name? Currently I am not in Singapore, so please email me any advice. Thank you.
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2 Answers

Robbie Chen Chee Howe
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
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Joanne Chia 谢诗琳
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
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