Home rules: Failure to make plans for properties can cause family squabbles

Many opt for simple wills that state their wishes to give all "movable and immovable assets" to certain beneficiaries. PHOTO: ISTOCKPHOTO
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SINGAPORE - Real estate is one of Singapore's great obsessions but it is surprising how many of us don't know the ins and outs of the key laws that govern property, especially around the occasionally incendiary issue of legacy planning.

This is especially worrying given how missteps in this area have a tendency to cause serious rifts in families. After all we all have relatives who don't see eye to eye, particularly when it concerns money.

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