Will writing is not new. It has been around for centuries and exist in many cultures around the world. However it is a taboo subject for many to talk about this and death in general. In Malaysia most people don’t want to be associated with any topic that has to do with death. So talking […]
Can the government take my property? Read More »
We received many emails on Wills and Power of Attorneys. This month we’d like to feature this email. A member wrote “My executors and beneficiaries are located overseas. Hence for them to be assigned is impractical for now, what should I do?” Congratulations in completing your will. Saving your will in MyDigiSafe is our recommended
My executors and beneficiaries are located overseas Read More »
Dear friends, Happy New Year 2022. Teams WillsMalaysia wishes you the best of health, love and peace. We thought 2020 was tough but soon realized 2021 was no different. The floods just made the end of 2021 much worse than how we started off. If I had to surmise what was 2021; then it has to be “The
My wife and I have been discussing about what do we leave behind for our children. We have a house in Balik Pulau Penang that we use as a getaway from the busy city life. Most of the times it is on Airbnb and other times we go there for a break. We are not
Communicate your estate plans during this Holiday gatherings Read More »
The Covid-19 pandemic has produced a rise in estate planning, but not a large enough rise as we were expecting. Most Malaysians still do not have a last will and testament. Many believe that they don’t have enough in assets like money or properties to warrant a will, or that their savings will automatically go
The Pandemic and Will writing Read More »
A will is known as “Last Will and Testament” basically because it is your last. As soon as you write a new will, sign it in front of two witnesses and date it, it becomes your Last Will and Testament. It overrides any other will you may have. Your will is automatically revoked if you
Validity of a Will Read More »
Lately I read an article about a man who took care of his father for 23 years. His father then gave him $20,000 and a vehicle. He has concerns his opportunistic siblings might contest it. The caring society in Malaysia takes care of our elderly. This is our culture, it can be quite challenging at
Opportunistic Siblings Read More »
What is inheritance? Well simply put, it is what you inherit from someone usually a loved one through a bequest. In other words, you now own what use to be someone else’s. Wikipedia defines inheritance as “Inheritance is the practice of passing on private property, titles, debts, entitlements, privileges, rights, and obligations upon the death
