Knowledge you should grab

This blog is to help you gain more knowledge about estate planning and all-you-should-know when having your estate planned.
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Will Writing FAQ: Matters Malaysians Always Wonder and Confuse.

Q1: Should I transfer my property to my children now, or write a will instead? Many parents think transferring property during their lifetime is cheaper because they want to avoid future costs. But cost should not be the main priority — your real intention and long-term needs matter more. Children’s perspective: Early transfer may affect...

EPF Frequently Asked Questions (FAQ) – Part 2

Stay informed about your EPF nominations to ensure your savings are distributed according to your wishes. Here are some commonly asked questions: 1️⃣ What is the difference between Muslim and non-Muslim EPF nominations? Muslim members: The nominee is known as a Wasi (Administrator). Their role is to distribute the EPF savings according to Faraid law...

EPF Commonly Asked Questions 2.0

Can I nominate my minor child (below 18 years old) as my EPF beneficiary? Yes, but kindly reconsider. If you nominate a child under 18, KWSP will not release the money immediately. Instead: EPF will act as a trustee and keep the funds until your child reaches 18. A guardian cannot freely withdraw the money,...

10 Most Asked Questions About Will Witnessing Rules!

Can the Witnesses and Testator Sign the Will at Different Times? No, they can’t. According to Section 5 of the Wills Act 1959, everyone involved—the person making the will (the testator) and the witnesses—must sign at the same time. This ensures everything is done properly and legally.   Can a Beneficiary or Their Spouse Be a Witness?...

If your child is under 18, are you sure they can inherit your assets?

Have you ever wondered what would happen if both you and your spouse passed away unexpectedly? Who would take care of your children? Would they be financially secure? In Malaysia, children under 18 cannot inherit money or property directly, which could create serious complications for their future if proper plans aren’t in place. Let’s have...