Courses
Basics of Estate Administration in Singapore
- Course Duration
0.5 Day
- Instructor
Mr Patrick Tan, TEP
Introduction
What this course is about
Basics of Estate Administration in Singapore is a half-day course developed to equip the participants with basic knowledge of estate administration in Singapore and why it is so important and integral to estate planning.
In particular, we will discuss the procedures involved in applying for Court Orders such as the Grant of Probate, Grant of Letters of Administration, and Grant of Letters of Administration with Will annexed, and also what it means to reseal a foreign grant.
We will also discuss estate administration involving foreigners with assets in Singapore and why there is a need for these clients to also have estate planning done in Singapore to smoothen their estate administration process.
Lastly, we will discuss how common estate such as real estate, cash in bank, insurance policies, shares held in the CDP account, vehicles, foreign shares, jewelries, and businesses will be administered with the Court Order such as the Grant of Probate or the Grant of Letters of Administration.
Who this course is for
Course Fee:
Course fee per participant is S$300, which covers the course materials. (Please note that the annual fee for being an Affiliate is not covered under the subsidy.)
This course is recognised under the Financial Training Scheme (FTS) and is eligible for FTS claims subject to all eligibility criteria being met.
Please note that in no way does this represent an endorsement of the quality of the training provider and course. Participants are advised to assess the suitability of the course and its relevance to his/her business activities or job roles.
The FTS is available to eligible entities based on the prevalent funding eligibility, quantum and caps. FTS provides 30% course fee subsidy support for direct training costs subject to a cap of S$500 per candidate per course subject to all eligibility criteria being met.
Find out more on www.ibf.org.sg.
Learning Mode: Classroom style
Everyone needs to know how his or her estate will be administered upon their passing. This course is not about the need for an estate plan or why it is important to have a Will; rather, this course is focused on the nitty-gritty aspects of how a deceased’s estate will be administered on the ground, the process involved, and the estimated time taken to administer an estate.
Course Outcome:
Basics of Estate Administration in Singapore is a half-day course developed to equip the participants with basic knowledge of estate administration in Singapore and why it is so important and integral to estate planning.
In particular, we will discuss the procedures involved in applying for Court Orders such as the Grant of Probate, Grant of Letters of Administration, and Grant of Letters of Administration with Will annexed, and also what it means to reseal a foreign grant.
We will also discuss estate administration involving foreigners with assets in Singapore and why there is a need for these clients to also have estate planning done in Singapore to smoothen their estate administration process.
Lastly, we will discuss how common estate such as real estate, cash in bank, insurance policies, shares held in the CDP account, vehicles, foreign shares, jewelries, and businesses will be administered with the Court Order such as the Grant of Probate or the Grant of Letters of Administration.
At the end of the class, participants would have had a broad-based understanding of the procedures involved in the applications for grants of representation in Singapore and how an estate, including real estate, cash, insurance policies, investments, businesses, and vehicles, will be administered to the beneficiaries.
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Speakers' Profile
Experienced speakers from diverse backgrounds who bring added insights and real world scenarios.