The ABCs of Trusts

The ABCs of Trusts Image Source: Google This article is written by Emelia Kwa, trainee of OTP Law Corporation Despite 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…

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Portrait of the Old Timer – The Not-So-Private-Nor-Secret Life of a Sole Proprietor of a Singapore Law Practice 1990-2018 (with 2-year hiatus 2005-2007)

Portrait of the Old Timer - The Not-So-Private-Nor-Secret Life of a Sole Proprietor of a Singapore Law Practice 1990-2018 (with 2-year hiatus 2005-2007) Article By: PracticeForte Advisory Affiliate Ong Ying Ping of Ong Ying Ping EsquireAs my late pupil master said, you can complain all you like about how exacting and demanding – even unforgiving – legal practice can be, but litigation practice is never described as “boring”.I started practice thinking like a lay person – that lawyers rejoice more in finding loopholes than upholding principles. I am surprised to have met more people who champion substantive justice than I expected.My first experience of substantive justice was a trial in which my client succeeded in showing dishonesty perpetrated by the…

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