Get answers to common questions about estate planning, wills, and trusts in Singapore
To be an estate planner in Singapore, professionals typically need: 1) Legal qualification (LLB or equivalent), 2) Admission to Singapore Bar (for lawyers), 3) Experience in estate planning law, 4) Professional certifications (CFP, ChFC, etc.), 5) Understanding of Singapore's Wills Act, Intestate Succession Act, and trust laws.
Estate planner costs in Singapore vary by service: Simple wills ($300-800), Comprehensive wills ($800-1,500), Trust planning ($15,000-50,000), Business succession planning ($10,000-30,000). Most estate planners charge hourly rates of $300-800/hour or fixed fees for specific services.
Yes, you need both a will and CPF nominations. CPF savings don't automatically form part of your estate unless you make a CPF nomination. Your will covers other assets like property, bank accounts, and investments.
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