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Tag: peter lee rockwills
After discussing with Dave (Lawyer) about the properties especially those that are mortgaged to the bank in Lee Sr’s estate, the Administrators of the estate namely, John, Michele (children of Lee Sr.) and Connie (2nd wife of Lee Sr.) will now have to discuss and figure out where to source for funding for the on-going instalment payment. This is because they cannot utilize the money from the estate as the Letter of Administration (L.A.) had not yet been obtained. In the meantime, Dave moved on to the shareholdings of Lee Sr. in all of his private limited companies
“Since we have discussed about all of Lee Sr’s bank accounts and investments locally and overseas, I would like to move on and talk about the properties solely or jointly owned by him,” said Dave.
By Peter Lee With the bank information disclosed by John and Michele (children of Lee Sr) and Connie (Lee Sr’s 2nd wife), Dave pointed out to them that since overseas bank accounts were involved, it is advisable to apply for a separate Letter Of Administration (L.A.) in these overseas countries like Singapore, Australia and U.K. [...]
With the disclosure of the bank account under the sole name of Lee Sr, Dave then moved on to the joint bank accounts with different family members.
After both sides of the family (family from the 1st and 2nd wives of Lee Sr) had discussed with their respective lawyers on gathering and revealing Lee Sr’s frozen estate for the purpose of the application for Letter of Administration (L.A.), the administrators, namely, John, Michele (children of Lee Sr) and Connie (2nd wife of [...]
More people are beginning to realise that human life is indeed fleetingly short. However, for most, this realisation seems to stop short at just this point, and does not extend very much further beyond this. We understand that when we leave this life we leave the world we knew and all its attachments. What we [...]
While the first family of Lee Sr was gathering the details and documents of Lee Sr’s estate as well as contemplating whether to reveal some of the information to Connie (Lee Sr’s 2nd wife) and Dave for estate administration, Connie was meeting up with her own lawyer
By Peter Lee In the family meeting, when John (eldest son of Lee Sr) informed his mother, Mrs Patricia Lee (1st wife of Lee Sr) and five of his siblings that Connie (2nd wife of Lee Sr) and her three minor children are entitled to part of Lee Sr’s 70% share in all his three [...]
After John and Michelle confirmed the status of the Lee Sr’s bank accounts with their mum and the rest of the family members, they moved on to talk about their father’s investments which were frozen.
Since Dave (Lawyer) requested in the previous meeting that the Administrators of Lee Sr’s (Deceased) estate list down all assets that belonged to Lee Sr, John and Michele being two of the three Administrators