In my last article, I wrote about what happens when you die without a will. Now let’s talk about what happens when you die with a will. Your Appointed Executor will:– Administer Estate According to your Will– Apply Letter of Administration or Grant of Probate– Distribute the Estate According to your Will Approximate Time Until …
I would never wish this upon anyone as I personally know the frustration you have to go through. However it is best you have an understanding. Your Next of Kin will have to: Appoint Administrator Compile Information for Assets and Documents Carry out Self-Investigation on Debts and Assets Obtain LA from High Court Admitted as …
Many people I speak to generally understand the importance of a Will but procrastination always get the upper hand. Here are some reasons to think about: Choose your beneficiaries Write bequests for charity Choose how assets are distributed Choose trustee and executor Set up trust for minor children Choose guardian for minor children Speed up …
The cost of writing a Will in Malaysia is rather expensive (average RM 800). Most Malaysian put off this task thinking it can wait. But do you know that it is unnecessary to engage an estate planning agent, or a lawyer in order to write a Will. An individual is able to write a Will, …
Hello all. My name is Praba Pillai. Five years ago my brother, Ganes went to bed one night and did not wake up the next morning. He was only 49. Your story may not be the same as mine but I’m sure in one chapter of your life, you or someone you know has experienced …
