Pacific Trustees Singapore

28/01/2022

We here at Pacific Trustees Group International would like to wish you a prosperous and healthy year ahead to you and your family.

With love from,
Pacific Trustees Group International

24/12/2021

Pacific Trustees would like to wish all our business partners, clients and followers a Blessed Merry Christmas and a Happy New Year to all.

31/12/2020

16/12/2020

5 Reasons why you need Pacific Trustees Bhd in your Estate Planning

1. Expertise & Experience

The Pacific Trustee Bhd is responsible for administering the trust account, ensuring the safekeeping of all assets in the trust, record-keeping, accounting, monitoring and initiating distributions as outlined in the trust, coordinating and preparing tax documents, monitoring the investment manager of the trust assets and paying bills. Pacific Trustees Bhd performs all these tasks daily for perhaps hundreds to thousands of different trusts. Thus, they have the capability, know-how, professionalism and processes in place to handle these tasks if you or your proposed individual trustee does not have that same comfort or experience level.

2. Limited liability for individuals, as the corporate trustee is a separate legal entity

This means that if your trust encounters any legal issues, the company is legally responsible, not its directors. Thus, your family is spared the hassles of settling the issues.

3. Easier separation of trust and personal assets as they are held in different names

Hence, it’s relatively straightforward to distinguish which of a person’s assets are part of the trust.

4. Regulated Industry

As corporate trustees, Pacific Trustee Bhd is registered under the Trust Companies Act, 1949 and regulated by the Companies Commission of Malaysia (CCM).

5. Simpler succession and control of the trust in the event of death

Unlike an individual, Pacific Trustee Bhd has a perpetual existence to provide continuity. Therefore, the title to the assets would not change, and your wishes will be carrying out all its duties independently and professionally without any conflict of interest.

Pacific Trustees Berhad is an award-winning Trust Company with established operations in Malaysia, Labuan and Singapore. As a vibrant regional player, we have to date provided trust services to more than 200 Issuers in the market, with a total fund size of about RM426 billion in nominal value.

To start your trust and estate planning journey, contact us now at 03-2166 8830 or WhatsApp us at +6011-1608 0283.

15/12/2020

Estate planning is a growing niche especially for medium to high net worth individuals with the aim of avoiding wealth shrinkage and probate.

01/12/2020

01/12/2020

Individuals should ensure that their wills are properly drawn up so that their estates are distributed according to their wishes. If they do not do so, the administration of their estates could be tricky affairs or long uphill battles. According to lawyers, the most common pitfall when it comes to d...

27/11/2020

WHEN you inherit a property, there are many things to consider.

25/11/2020

Many people know that they need an estate plan, but are not quite sure what it actually entails.