Your current will may not be your final Will and Testament
Losing a family member, having a new born, buying a new property, changing your car and many other life events would change your will directly.
last will and testament
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 …
What can go wrong, will go wrong
What can go wrong, will go wrong. It’s just nature’s way of getting back on us for poor planning. Are you sure you don’t need a will?
Do you have a will?
Lately we received quite a number of emails on what people go through when their loved one die with or without a will. We have written on this topic before but thought we can summarize it here again. Let’s first explore if you do not leave behind a will and what your loved ones will …
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 …
When to update your Last Will and Testament
In Malaysia, more than 70% of adults do not have a Last Will in place, but of those who do, most are not updated on a regular basis. It is a dangerous misconception to think that once you have a Last Will in place, it will serve you for the rest of your life. I’ve …
The importance of choosing an Executor
Let’s talk about the character traits that you need to look for when you are choosing an Executor for your estate. This person needs to take on the role of an accountant for your estate. They then need to gather up the estate and distribute it according to your wishes. The most obvious trait you …