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Parents put their kids as co-owners of overseas property to reduce future inheritance tax

Inheritance tax in some countries can reach 55 per cent, but joint ownership limits tax to the inherited share.

The Straits Times1 phút đọc

Parents put their kids as co-owners of overseas property to reduce future inheritance taxSign up now: Get ST's newsletters delivered to your inboxInheritance tax in some countries can reach 55 per cent, but joint ownership limits tax to the inherited share. PHOTO: PIXABAYTan Ooi BoonPublished Jul 25, 2026, 05:00 AMUpdated Jul 25, 2026, 05:00 AMSet as preferred sourceSign up for ST InvestMe and unlock full access to exclusive insights and financial literacy courses today.SINGAPORE – Some Singapore parents add their children as co-owners of overseas real estate to reduce the future inheritance tax payable, as only half of the property’s value would be taxable if the kids already own the other half.

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