Let’s draw a comparison between the cost of writing a will and the cost of buying groceries to emphasize the significance of investing in a will:
Buying Groceries
Frequency: Groceries are a recurring expense, typically weekly or monthly.
Cost: Depending on household size and preferences, a month’s worth of groceries in Malaysia might range from RM 600 to RM 2,000 or more.
Duration of Utility: Groceries provide short-term sustenance and have to be replenished regularly.
Necessity: Groceries are essential for daily survival and immediate well-being.
Effect of Negligence: If you neglect to buy groceries, you might go hungry or have to dine out, increasing your daily expenses.
Writing a Will
Frequency: Typically, a will is a one-time expense unless major revisions are needed.
Cost: Writing a basic will might range from RM 200 to RM 2,000, based on the service and complexity.
Duration of Utility: A will has long-term implications, potentially benefiting generations.
Necessity: A will is crucial for ensuring your assets are distributed according to your wishes upon death and can provide security and clarity for loved ones.
Effect of Negligence: Without a will, assets might be distributed based on state laws, which may not align with your desires. This can also lead to potential disputes among heirs.
Point of Emphasis:
Investing in a will might be equivalent to the cost of a month or two of groceries. However, while groceries sustain you for a short time, a will impacts the long-term financial and emotional well-being of your family. One ensures your daily nourishment; the other ensures the protection and fair distribution of everything you’ve worked for in your life.
In perspective, the one-time cost of securing a proper will seems minimal, especially when considering the potential long-term peace of mind it brings. It’s a testament to the adage, “A stitch in time saves nine.” In this case, a one-time investment can save potential legal battles, disputes, and heartaches in the future. Using an online service like WillsMalaysia can save you significantly.
WillsMalaysia has partnered with Nirvana Asia via Yankee Life Planning Advisory through their online platform Central Funeral Care to offer comprehensive Pre-planning and Legacy planning services. This partnership aims to provide a seamless and thoughtful approach to end-of-life planning, ensuring peace of mind for members and their families. WillsMalaysia members qualify for a cash gift when you signup with Nirvana Asia via Yankee Life Planning Advisory. To learn more about our partnership of care click here.