Last Updated on 5, April 2014
Rockwills Trustee Limited, a holder of Trust Business Licence by the Monetary Authority of Singapore, launch the Rockwills Trustee’s ONE-TRUST.
Basic features of the trust product:
- Affordable trust
- Just need to assign ONE insurance policy
- Easy to understand
- Has no annual fees (until proceeds are paid out)
- Offers protection against creditors and even divorce
- Withholds payments to beneficiaries till they reach a certain age or fulfil certain conditions
- Relevant to Muslims if the trust irrevocable
Note that the Rockwills ONE-TRUST may not be suitable for certain individuals.
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