The flawed Wills system in the world today
The flawed Last Will and Testament system in the world today. The wonderful age of technology for Wills in Malaysia. Nothing much changed since 1949
Your Legacy
The challenges faced by your executor
It’s not an easy task to carry out your Last Will and Testament In previous postings, we’ve spoken about how important it is to choose the correct individual to serve as your estate’s executor and what duties this role entails. At WillsMalaysia.my, we frequently hear about two particular difficulties that an estate administrator faces. Finding …
Selecting a guardian
We discuss the need of having a Last Will and Testament for everyone in practically all of our blog entries, but we emphasise how crucial it is for parents and single parents in particular. Parents (or a solitary parent) might specify in a will who they would like to raise their children if they pass …
2022 Year of Hope
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 …
The Pandemic and Will writing
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 …
Opportunistic Siblings
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 …
Writing a Will is not brain surgery
I really get worked up each time I hear lawyers advising people not to write their own will. Writing a will is not brain surgery, for crying out loud! Yes it is a legal document but you do not need a lawyer. Let’s get real for a minute. It is your will, don’t you want …
I’m not ready to write my Will
Of course you are not. A will makes life so much easier, after your passing. It’s true, it has no benefit to you while you’re living. Just like a life insurance policy, it remains dormant until you are dead. A will is basically a document that insists you in making several decisions that could be …