Topic: Trusts
2 posts tagged “Trusts”.
What a Trust Is, and When It Helps
A trust holds legal title to assets on behalf of others, creating a legal separation between the person who gave the assets and those who eventually benefit. Understanding that — and the revocable/irrevocable distinction — is the key to knowing when a trust is worth it.
Providing for a Child with Special Needs
For a child who cannot manage money independently, an outright inheritance can do more harm than good. A special needs trust provides structured, lifelong support — and Singapore has a low-cost option.