STEP Certificate for Financial Services - Trusts and Estate Planning, Singapore

This Certificate has been developed to help financial intermediaries understand the legal issues concerned in financial and estate planning in Singapore

This course is a collaboration between STEP and Central Law Training International (CLTI). The course facilitator is Rockwills Institute Pte Ltd and the teaching team comprises some of the leading practitioners in Singapore.

What does this qualification cover and how is it delivered?

What does this qualification cover?

  • Aspects of personal law
  • Wills and intestate succession
  • Probate and letters of administration
  • Trusts – a classification
  • Will trusts and Declaration of Trusts
  • Muslim inheritance and estates in Singapore
  • Trusts used in financial services
  • Taxation of trusts
  • Trustee duties
  • The incapacitated client
  • The philanthropic client.

How is it delivered?

It is delivered via 13 weekly three-hour tuition classes, assessed by way of three-hour examination.

What are the benefits to me and my employer?

How will this course benefit me?

As a result of successfully completing the Certificate, you will be able to:

  • identify how aspects of Personal Law such as bankruptcy, divorce, etc. affect a client’s estate-planning needs
  • use the technical legal language underpinning private client matters
  • explain the salient features and benefits of making a will and how dying intestate affects the direction of a client’s wealth
  • explain the processes involved in administrating a client’s estate and the executor’s role
  • describe the variety of trust structures commonly found in private client work in Singapore
  • describe the key regulatory aspects relating to Singapore trusts and the obligations of trustees under the Singapore Trustees Act and PTCs (Private Trust Companies)
  • describe the use and appropriateness of testamentary trusts and declaration of trusts
  • describe the principles governing Muslim estates and the use of various Muslim-compliant estate planning tools
  • explain the purpose and use of insurance trusts in legacy planning
  • use buy-sell agreements cum trusts in business succession
  • describe the continuance of trust investments and the trustee’s duties and responsibilities
  • describe the tax treatment of trusts in Singapore and its impact on the different stakeholders
  • outline the scope and use of the lasting power of attorney and appointment of deputies and how they can be effected
  • understand philanthropic planning and the charities law framework in Singapore.

How will this course benefit my employer?

As a result of successfully completing this Certificate, you will:

  • increase your knowledge and understanding of the legal and tax factors of estate planning
  • enhance your ability and confidence in structuring and implementing the wealth distribution plans of your clients
  • gain a qualification recognised by the STEP community, a group comprising the most respected experts working in the fields of trusts, tax and probate.

In addition, you will also be more confident when discussing with other professionals issues relating to the use of trusts in estate planning. You will be able to describe yourself as an affiliate of STEP, the premier professional body dealing with the stewardship of personal wealth, so enhancing your professional credibility. You will therefore be better placed to attract new clients as you build your business through developing a wider, more fruitful and profitable network.

Who would find this qualification useful and what are the entry requirements?

Who would it be useful for?

This Certificate has been developed to help financial intermediaries understand the legal issues concerned in financial and estate planning in Singapore.

It is the only trust and estate planning qualification that addresses the common ground between estate planning specialists and those working in the financial services sector.

What are the entry requirements?

Applicants for this Certificate should be financial services professionals and have some experience or have undertaken previous study of trusts, tax and estate planning.

Further course details

How long will it take to complete?

This is a three month course.

How much will it cost?

The course fee for this certificate is SGD4500, which includes:

  • the course manual
  • the Rockwills Guide to Succession and Trusts in Wealth Management
  • 42 hours of face-to-face teaching
  • sample examination material
  • case study questions
  • entry fee for the examination

We are pleased to announce that our course has just been awarded 50% IBF funding of direct training costs subject to a cap of S$2000.00/participant/program. If you would like to know more about this or have any queries please contact Dora Then

What are the course dates?

For full course dates visit the CLTI website

How do I apply?

Register online or download and return the enrolment form (PDF 260KB)

Help and advice

If you have any queries and would like to speak to someone you can either call CLTI on +44 (0)121 362 7733  or email

CPD Policy

Members are required to maintain and develop their knowledge and skills to ensure a high standard of practice.

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CLT International

Our training partner CLT International provides a range of courses for those working in the UK trust and estates industry.

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We offer a range of member categories to suit your professional requirements, qualifications and experience.

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