Reading Time: 6 minutesWhat could happen to your wealth and assets if your marriage goes south? What if your spouse is instrumental in preserving your wealth? What happens to shares gifted by your father that are now worth S$11.7 million? Would you try to delay the inevitable and dangle the transfer of interest in a property to get […]
Reading Time: 2 minutesThe Ministry of Home Affairs (MHA) will be amending the gambling legislation later this year to ensure that the laws and regulations remain effective in the face of evolving gambling products and business models. Amendments will be made to areas including the definition of gambling, social gambling, arcade games and claw machines, and online games. […]
Reading Time: 5 minutesPrenuptial agreements are increasingly becoming more prevalent and commonly accepted by parties looking to set out how they intend to agree on financial settlement terms in the event of a divorce. Approaching the topic of preparing and executing a Prenuptial Agreement is always a sensitive topic that should be broached frankly and as an honest […]
Reading Time: 7 minutesA pre-nuptial agreement, or a “pre-nup” as they are commonly called, can be one of the most significant documents a couple signs together in anticipation of marriage. Time-stretched and stressed over wedding preparations, couples tend to routinely sign documents without batting an eyelash. These include purchasing a property together, paying hefty deposits to secure their […]
Reading Time: 8 minutesIntroduction It’s a dog-eat-dog world out there. There are unethical businesses which will lie and take advantage of their customers just to make a sale. One example occurred way back in 2014, when an unsettling video of one Pham Van Thoai circulated on the net, which showed him crying and begging for a refund from […]
Reading Time: 7 minutesIntroduction For some, a man is only as good as his word. There is logic in this, given that creditors (also known as moneylenders) often worry about whether borrowers will repay their debts. Debt recovery, after all, can be a tedious and frustrating process. Creditors may often receive no response despite calling, e-mailing, and sending […]
Reading Time: 5 minutesHow can you represent yourself in court for civil lawsuits? From personal injury cases to contract cases, the process may seem complicated and even labyrinthe to the layman. Although litigants in person who conduct their own cases are required to prepare and conduct their case to the same standard as lawyers, it is not impossible. […]
Reading Time: 5 minutesDivorce is far from a simple or straightforward matter. The considerations are often multifarious, but one intangible yet omnipresent aspect is none other than culture. From customs to communication methods, culture finds itself underpinning our beliefs, values and decision-making process for significant life events, such as divorce. In this article, we will examine the role […]
Reading Time: 6 minutesIntroduction How does one achieve financial freedom? One typical answer may be to spend below our means. Unfortunately, some of us may already be beyond the point of no return, with interest causing a seemingly-unstoppable spiral into bankruptcy.[1] Still, there is still hope for individuals who are unable to pay off their debts. Various repayment […]
Reading Time: 6 minutesIntroduction After a long day at work or school, we all want to retreat to a peaceful environment where we can truly relax. But a difficult roommate that you share an apartment with can get in the way of that. A roommate who leaves his dishes undone and rubbish uncleared is trouble enough, but what […]
Reading Time: 4 minutesNote: The TLDR series serves to present cases in a more informative and digestible way by condensing full length published judgements. About this case Tan Kok Meng v Public Prosecutor [2021] SGCA 55 – This was an appeal from the decision of the High Court that Mr Tan Kok Meng (the Appellant) had committed the act […]
Reading Time: 7 minutesMoney, money, money, must be funny, in the rich man’s world.[1] Introduction For a potential bankrupt, the notion of “money” is far from funny. Indeed, it is his very lifeblood – the source of both his worry and glee. To bring some assurance and clarity to persons who may have concerns about imminent bankruptcy, this […]
