Private guide · Estate exposure

Map what your will may not reach.

A preparation checklist for internationally connected families and the advisers helping them.

1. Build the asset map

  • List each material asset, account, property, company interest and policy.
  • Record the legal owner, custodian and jurisdiction for each one.
  • Distinguish direct holdings from funds, companies, trusts and nominee arrangements.
  • Identify assets the family knows exist but could not locate or access quickly.

2. Test the succession route

  • Which will, nomination, trust deed, shareholders’ agreement or survivorship rule governs each asset?
  • Does a foreign asset require a local grant, local will or separate administration?
  • Could competing instruments contradict one another?
  • Who has authority if the owner loses capacity rather than dies?

3. Check tax and situs

  • Could the asset be treated as situated in another country for estate or inheritance tax?
  • Are US-incorporated shares or US real estate held directly?
  • Has an adviser checked treaty position, domicile and the legal character of the holding?
  • Are valuations and ownership records current enough to support a filing?

4. Find the liquidity gap

  • What cash is immediately available outside frozen accounts or probate?
  • Who pays mortgages, tax, professional fees and family expenses during administration?
  • Would an executor be forced to sell a concentrated or illiquid asset?
  • Do policy nominations and ownership arrangements send proceeds to the intended person?

5. Prepare the adviser brief

  • Which questions require Singapore legal advice?
  • Which require advice in another jurisdiction?
  • Who is responsible for reconciling the answers into one plan?
  • What event triggers the next review: relocation, acquisition, marriage, birth, sale or law change?

Primary reference

US Internal Revenue Service: estate-tax returns for nonresidents with US assets.

General information only. This checklist is not legal or tax advice.

Make the gaps visible
before they become urgent.

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