Sheena Lim

Sheena Lim

Sheena had 14 years of experience in the education sector and is passionate about imparting knowledge and skills to nurture and value-add to diverse needs. She is an experienced and strong communicator who is able to break down problems and customize solutions for various stakeholders. Sheena is passionate about simplifying financial concepts and helping her clients make well-informed decisions for their properties.

The Key to ABSD (Trust)

Recently, a new tax was imposed in hopes to plug loopholes that have been exploited. It was announced that ABSD (Trust) will be implemented on properties that are transferred into living trusts. But what does this truly mean, and how would it affect you as a property buyer? What is a Living Trust? A living trust is created by a person when he is alive, and this person is also known as the settlor. In contrast, a testamentary trust is