We assist clients in drafting their wills. Our fees start from $500. We help clients in the effective planning of the estates and business succession. We help clients to review existing planning and to consider the appropriate measure to take. In connection with estate planning strategies, we also assist clients in structuring investments and business transactions by utilizing off-shore vehicles.
Our probate fees are affordable and reasonable and start at $1,200. We normally obtain probate within 6 weeks.
What is probate?
When someone dies, you need to obtain a Grant of Probate or Letters of Administration. These are court orders that allow you as the executor to unlock the assets of the deceased so that you can distribute the assets to the beneficiaries.
A Grant of Probate or Letters of Administration is therefore essential court orders that are required to pass on the inheritance.
When do you need probate?
Upon the person’s death. If you’re the executor of a will or dealing with a family member’s death, you will need probate to administer their estate. The deceased person may have assets in savings accounts, properties and shares. Banks, share registrars, the Singapore Land Authority and other institutions will ask you to produce the probate before releasing the assets or funds or allowing the property to be sold.
If the person who died owned things jointly, or their savings and shares were relatively low value, probate might not be necessary. When you call us, we’ll help you work out if you need it and explain what to do next.
PKWA Law Probate Fixed Fee Packages
Our prices for probate are fixed at $1,200 for a Grant of Probate and $1,500 for a Letter of Administration.
GST and disbursements are not included. Our fees are to obtain the court orders known as Grant of Probate (if there was a will) or Letter of Administration (if there was no will) and not to manage or administer the estate. The executor or administrator is the person who manages or administers the estate.
Summary of the process of managing the estate
Check if there’s a will left behind by the person.
Apply for a Grant of Probate if the person left a will
Apply for Letters of Administration if the person did not leave a will.
Find out what assets were owned by the deceased and estimate the total value of the assets.
Pay off the deceased’s outstanding debt, bills or taxes.
Distribute the assets to the beneficiaries according to the will
If there is no will, distribute the assets to the beneficiaries according to the Intestate Succession Act.
Singapore’s Best Law Firms in 2021
The Straits Times, together with international market researcher Statista, conducted the first-ever survey to identify Singapore’s best law firms in 15 different areas of legal practice. PKWA Law is ranked by the Straits Times as one of the Best Law Firms in 5 different areas, including in Family Law and Inheritance and Succession.