Caught Between The Devil And The Deep Blue Sea

Caught between the devil and the deep blue sea Interview & Article by: Emelia Kwa, a trainee at OTP Law Corporation. more information on Project Restructure, give us a call at +65 62213009Published: 28 February, 2019 Interviewee’s name has been changed to protect the identity and privacy of all parties involved. “I don’t really know how I survived” are not the words you’d expect to hear from someone speaking about their marriage. However, in Peter’s case, what he expected to be a fairy-tale romance turned out to be a lot more complicated in reality. Peter’s story is not uncommon – every marriage has its challenges and couples may find themselves struggling to make sense of the difficulties and changes they…

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Breaking down a marriage: How can it be done?

BREAKING DOWN A MARRIAGE: HOW CAN IT BE DONE? This is the first part of a series on the different ways divorce can be settled. This article was first published by OTP Law Corporation. Divorce is a harrowing process. Beyond the emotional trauma, there are typically a host of issues and complications, especially if there are children or substantial assets involved. These issues, big or small, need to be addressed before the divorce can be finalised.Sometimes, parties are able to come to an agreement on their own and thus result in an uncontested divorce. However, divorce will often be contested as spouses will usually not be able to totally agree on all aspects, especially for ancillary matters. In many cases,…

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The ABCs of Trusts

the abcs of trusts This article is written by Emelia Kwa, trainee of OTP Law Corporation Image Source: GoogleDespite being such an important part of our legal affairs, the concepts behind trusts can be rather intimidating to understand. We hope that this guide will be able to kick start your understanding of trusts.Who’s who? The settlor is the person who created the trust. He may or may not be the trustee of the trust as he can appoint someone else to be the trustee.The trustee is the person who has the legal right to control how the asset (e.g. property) of the trust in question is handled.The beneficiary is the person who benefits from the trust (i.e. he will obtain…

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