July 24, 2023

26-year-old beneficiary wins case against estranged trustee dad who claimed S$4.9m house was bought to avoid ABSD

A 26-year-old man filed an application in court for a Trust Deed dated 27 July 2020 be terminated and that a S$4.925m property be transferred from his divorced parents – who were joint trustees – to him. While his mother did not object to the termination, his estranged father did, claiming that the Trust was…

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