Many people believe that their affairs are simple because they are familiar to them and therefore request simple wills, thinking they will save both time and money. However, on further inspection their affairs may be more complex than they first think, requiring more detailed planning at the outset to save time and costs in the longer term.
Managing Associate Stephanie Lim Pierce recently wrote about wills for The Law Society of Singapore's Law Gazette, examining the various factors that can impact the estate planning process and how they might best be addressed.
Stephanie advises on cross-border succession and wealth structuring for high net worth and ultra-high net worth individuals and families, with particular expertise in UK tax and cross-border estate planning.