COVID‐19 crisis and its impact on trustees and beneficiaries

Author

Man YIP, Singapore Management University, School of LawFollow

Publication Type

Book Chapter

Version

Publisher’s Version

Publication Date

9-2020

Abstract

The COVID-19 pandemic has been described by Prime Minister Lee Hsien Loong as the “crisis of our generation”. We have to swiftly adjust to a new “normal” characterised by safety measures, travel restrictions, economic downturn and uncertainties in the days ahead. What is the new “normal” for trustees and beneficiaries? How should they respond to the legal and practical uncertainties in these challenging times? This commentary discusses two categories of uncertainties for trustees and beneficiaries: (1) uncertainty relating to trust investments; and (2) uncertainty relating to day-to-day administration.

Keywords

Courts, Singapore, COVID-19, pandemic, public health

Discipline

Asian Studies | Courts | Public Health

Research Areas

Private Law

Publication

Law and COVID-19

Editor

Aurelio Gurrea-Martinez, Mark Findlay and Goh Yihan

First Page

54

Last Page

56

ISBN

9781467396172

Publisher

School of Law, Singapore Management University

City or Country

Singapore

Embargo Period

4-19-2021

Citation

YIP, Man. COVID‐19 crisis and its impact on trustees and beneficiaries. (2020). Law and COVID-19. 54-56.
Available at: https://ink.library.smu.edu.sg/sol_research/3227

Copyright Owner and License

Authors

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Additional URL

https://doi.org/10.2139/ssrn.3686357