Redefining Your Legacy
Despite Singapore’s standing as one of the wealthiest countries in the world—boasting one of the highest concentrations of millionaires relative to GDP—a surprisingly large proportion of individuals have not prepared a will or undertaken essential estate planning. Studies show that only a small fraction of Singaporeans have formalized their legacy distributions, indicating a significant gap in generational wealth transfer readiness.
Ng and Partners specializes in estate and trust consultancy precisely to bridge this critical gap in generational wealth transfer. By offering tailored guidance on will writing, trust structures, and long-term asset protection, Ng and Partners equips families with the clarity and legal certainty they need. This ensures wealth not only preserves its value across generations but also aligns with each client’s unique goals, thus allowing clients to Redefine their Legacy.
“I don’t think it is pure coincidental to chance upon Ng and Partners as I have also attended webinars by others who offered the same services. However, I found Ng and Partners are knowledgeable in their work, and genuine and sincere in wanting to help others to plan in their estate planning. Because of our business, we could latch on their wide network of knowledgeable specialists and did up everything with them – Trust, LPA, AMD, Wealth Accumulation. Basically everything under Estate Planning. We have been wanting to do up our wills but have been procrastinating for a while. But after I attended the webinar by Ng and Partners, I realised what was shared by them made so much sense. I thought it is about time to get serious with our retirement and estate planning. We realised that time passes by very quickly and we also heard of friends who passed away suddenly and how their family suffered because of lack of planning. We did not want that to happen to us!
Ng and Partners walked us through the entire process and that includes assessment of our income adequacy with our desired lifestyles during our golden years. They got specialists to go through our assets and our financial commitments and suggested building alternative dividend streams with what we have, not only for our golden years, but also for our children and our grandchildren. Going through the entire process made me realised that it is not that straightforward if you own a business, in particular if you are the sole director or the sole-proprietor. You need to think about succession planning, business continuity, your employees, your liabilities and how to preserve the value of the company/ business when you are no longer around. Ng and Partners got me thinking all of the above scenarios and we worked together to put in place various contingencies in order to ensure continuity in the business, hence protecting the value of the company/business when the owner is mentally incapacitated or passes on. Very real scenario indeed.
Having gone through the above journey with Ng and Partners, we would strongly encourage all to take the first step to start to plan for your retirement as well as to do up your estate planning. Take concrete steps to ensure you have sufficient to live your desired lifestyles in your golden years as well as to grow your wealth beyond your generation. By proper planning you ensure your hard-earned wealth is protected and distributed in accordance to your wishes and desired and not fall in the hands of the undesired ones. Work with Ng and Partners, and we are confident they would give their best to journey it through with you.”
- Mr Teh, Business Owner
Testimonials