Estate Settlement of Property

Started by TEA ENG PENG
avatar-profile

0 points

TEA ENG PENG

Member for Over 2 Years Member for Over 3 Years First Lesson Complete

Property (i.e. real estate) to most people living in Singapore is an emotional asset. Put aside its unique ability to increase in financial value over time, property is also a place where family is raised and kept. Yet there are many instances where the death of a property sole- or co-owner resulted in the forced sale of the property and, sometimes, the break up of the family. This is due to a lack of awareness of the issues and costs involved in estate settlement and the continuous maintenance of property.

avatar-profile

0 points

Property (i.e. real estate) to most people living in Singapore is an emotional asset. Put aside its unique ability to increase in financial value over time, property is also a place where family is raised and kept. Yet there are many instances where the death of a property sole- or co-owner resulted in the forced sale of the property and, sometimes, the break up of the family. This is due to a lack of awareness of the issues and costs involved in estate settlement and the continuous maintenance of property.