Family Wealth in Singapore: Trust Structures, Trustee Obligations and Disputes

Event Description

Singapore has become a popular wealth hub in Asia. In recent years, in addition to disputes concerning intergenerational wealth transfers within Singapore families, the Singapore courts have also heard numerous family wealth disputes with cross-border elements. These disputes provided an opportunity for Singapore to clarify and develop its trust law, with greater attention paid to issues of structural abuse and trustee accountability. This seminar will examine recent Singapore case law on trust structures, trustee obligations (including the newly developed fiduciary duty to act in good faith), and general issues arising in family trust disputes. It will also offer reflections on how these developments will impact trust planning and practice.

*The event is eligible for 1.25 hours of Law Society of British Columbia CPD credit.

Speaker

Professor Yip Man is the V3 Group Professor in Family Entrepreneurship at Singapore Management University, SMU Yong Pung How School of Law. Her research interests are in private law (with a focus on equity and remedies), private wealth management, private international law and international commercial courts. She is the Co-General Editor of the Singapore Academy of Law Annual Review of Singapore Cases and a member of the International Advisory Board of Legal Studies.