Best Private Client Lawyers in Raffles Place

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Yap Loh & Partners LLP
Raffles Place, Singapore

Founded in 2003
5 people in their team
English
Yap Loh & Partners LLP is a multi-service law firm that represents and advises its clients in the following practice areas: corporate, litigation, intellectual property, data protection & technology, employment law, conveyancing & land law, family law and trusts, estate planning &...
GABRIEL LAW CORPORATION
Raffles Place, Singapore

Founded in 1986
15 people in their team
English
Chinese
At Gabriel Law Corporation, we pride ourselves on providing legal services tailored to our clients' needs. We represent a spectrum of clients from individuals to multinational corporations. Regardless of the size or complexity of the claim, we ensure that our clients have effective and expert legal...
Ann Tan & Associates
Raffles Place, Singapore

Founded in 1984
5 people in their team
English
Chinese
Malay
The law firm you can trustAt Ann Tan & Associates, Your Family Matters.Ann Tan & Associates legal practice started in 1984.The firm is headed by Dr. Anamah Tan, a renowned family lawyer and a skilled negotiator, who started practising since 1963.Dr. Anamah Tan who was a founder and an...
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About Private Client Law in Raffles Place, Singapore

Private Client law in Raffles Place, Singapore, deals with legal matters that affect individuals and families on a personal level. This includes areas such as estate planning, drafting wills, establishing trusts, succession matters, probate and administration of estates, mental capacity issues, and wealth management. With Raffles Place being a central business district and financial hub, many residents and professionals seek expert advice to manage and protect their personal assets, plan for the future, and ensure that their family's interests are safeguarded in accordance with Singapore law.

Why You May Need a Lawyer

There are several situations where engaging a Private Client lawyer in Raffles Place is advisable. Some common scenarios include:

- Drawing up or updating a will to ensure your assets are distributed according to your wishes. - Setting up trusts for asset protection, charitable giving, or managing inheritance for young or vulnerable beneficiaries. - Navigating the probate process following the passing of a loved one, including applying for Grant of Probate or Letters of Administration. - Handling cross-border family and asset matters, especially for expatriates or those with international connections. - Addressing mental capacity issues, such as appointing a donee under a Lasting Power of Attorney. - Resolving family disputes regarding inheritance or administration of estates. - Planning tax-efficient structures for holding personal investments or family businesses. - Managing and protecting digital assets and intellectual property within a family context.

A Private Client lawyer provides legal clarity, helps anticipate future needs and avoids common pitfalls. They also represent your interests if disputes arise among family members or other parties.

Local Laws Overview

Singapore's laws on matters relevant to Private Client practice are set out in several key statutes and regulations. The Wills Act governs the requirements for making, amending, and revoking wills. The Intestate Succession Act sets out how assets are distributed if a person dies without a valid will. Trusts are governed under the Trustees Act, and issues relating to mental incapacity are regulated by the Mental Capacity Act and Lasting Power of Attorney framework. Probate procedures, including obtaining Grant of Probate or Letters of Administration, are detailed in the Probate and Administration Act. Singapore's inheritance laws recognize freedom of testamentary disposition, subject to certain limitations such as claims under the Inheritance (Family Provision) Act. Local laws also include estate duty considerations, although estate duty has been abolished for deaths occurring on or after 15 February 2008. Singapore enforces strict requirements for legal documentation, execution, and witnessing, making legal advice crucial for compliance and to avoid future disputes.

Frequently Asked Questions

What is probate and why is it necessary?

Probate is the legal process by which a deceased person’s will is validated and the executors are authorized to distribute the estate. Probate is required to give the executor authority to deal with the deceased's assets, such as bank accounts and property.

Can I write my own will in Singapore?

Yes, you can write your own will, but it must comply with the Wills Act regarding signature, witnessing, and intent. Mistakes can lead to invalidity or disputes, so legal assistance is recommended.

What happens if a person dies without a will?

If someone dies intestate (without a will), the Intestate Succession Act determines how assets are distributed among surviving family members, which may not align with the deceased's wishes.

Do trusts work in Singapore? Why would I need one?

Singapore law recognizes trusts, which can be used to protect assets, provide for minors or special needs individuals, manage family wealth, or support charitable causes.

How do I appoint someone to manage my affairs if I lose mental capacity?

You may grant a Lasting Power of Attorney (LPA) naming a donee to make personal welfare or property decisions on your behalf if you lose mental capacity. The LPA must be registered with the Office of the Public Guardian.

What should expatriates consider for estate planning in Singapore?

Expatriates should consider both Singaporean and foreign laws regarding succession, taxes, and formal requirements. Cross-border estate planning can be complex and may require coordination between jurisdictions.

Is Singapore estate duty or inheritance tax still applicable?

Singapore abolished estate duty for deaths occurring on or after 15 February 2008. However, taxes may be relevant in cross-border cases depending on foreign jurisdictions involved.

Can I challenge a will if I am left out?

In some cases, you may be able to contest a will, especially if you believe it was made under undue influence, lack of capacity, or does not provide reasonable financial provision for dependants under the Inheritance (Family Provision) Act.

How are jointly owned assets treated upon death?

For assets held as joint tenants, the right of survivorship applies, meaning the asset passes automatically to the surviving joint owner, bypassing the will or intestacy rules.

How long does estate administration usually take?

The timeframe can vary. Straightforward cases may take several months, but complex or contested estates can take a year or longer. Timelines depend on size of estate, nature of assets, and presence of disputes.

Additional Resources

Below are some useful resources for individuals seeking more information on Private Client matters in Singapore:

- Office of the Public Guardian: Administers the LPA scheme and provides guidance on issues of mental capacity. - Law Society of Singapore: Offers information on finding a qualified lawyer specializing in Private Client matters. - Ministry of Law: Provides general information on wills, probate, and related legal services. - Family Justice Courts: Handles probate applications and estate disputes. - Singapore Academy of Law: Runs public legal education programs and maintains legal information resources. - Association of Banks in Singapore: Useful for understanding procedures to access bank accounts after a death.

Next Steps

If you think you may need legal advice or assistance regarding a Private Client matter in Raffles Place, Singapore, it is important to act promptly and carefully. Start by identifying your main concerns, such as wills, inheritance, trusts, or other personal legal issues. Collect all relevant documents or information before consulting a lawyer. You can contact the Law Society of Singapore for referrals to qualified Private Client lawyers or look up firms with experience in this area. During your consultation, present your situation clearly and ask about your options, possible outcomes, costs, and timelines. Taking early steps helps protect your interests and ensures compliance with local laws and requirements. If you are unsure where to start, many lawyers offer initial consultations or fixed fee packages for standard Private Client services.

Lawzana helps you find the best lawyers and law firms in Raffles Place through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Private Client, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Raffles Place, Singapore - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.