Subjects:

Asia, Other Jurisdictions

Contents:

First Principles

Style

Principles of Interpreting Trust Documents

Beneficiaries

Trustees

Trustees'' Powers

Trust Property

The Rule Against Perpetuities

General Provisions of a Trust

Drafting and Understanding Overriding Powers

Exercising Overriding Powers

Settlor Exclusion and Default Clauses

Lifetime Interest in Possession Trusts''

Discretionary Trusts

Protectors and Reserved Powers Trusts

Will Trusts

Administration Provisions

Bare Trusts and Fixed Trusts

Trusts of Life Insurance Policies

Charitable Trusts

Governing Law, Place of Administration and Jurisdiction Clauses

Restriction Rights of Beneficiaries

Stamp Duty

Execution of Wills and Trust Deeds

Appointment and Retirement of Trustees

Indemnities for Executors and Trustees

Singapore''s growth as a global wealth management hub has fuelled the need to develop expertise in the provision of trust and fiduciary services. The publication of this book as a reference for the drafting of trusts is therefore timely. Its aim is to aid the drafter by discussing all the issues which arise in drafting settlements and will trusts, and to provide precedents.

There are significant differences between the English trust law and the law of Singapore. This is therefore a wholly Singapore version of the English text and will be essential to anyone drafting or advising on trusts and wills in Singapore. This book is part of a series of textbooks on drafting trusts in different jurisdictions, which now includes Canada, Australia and Northern Ireland.