Are your digital assets inheritable by your next-of-kin? Lets start by defining what are digital assets and how is it different compared to physical assets. Digital Assets basically are your cryptocurrency, NFTS, instagram, twitter or facebook accounts and so on. However, digital assets are not the same as your physical assets as all you need...
In the event of an individual’s passing with a Will in place, the procedure entails seeking a Grant of Probate. However, if a legally valid Will is absent, the course of action shifts to obtaining a Letter of Administration, a more intricate process in contrast to the Grant of Probate. The timeframes for applying for...
It is customary for many elderly individuals to avoid creating a Will due to considering it a taboo. Nevertheless, opting not to draft a Will could potentially create more difficulties for your family members rather than being of assistance to them. Let’s have a general run through on how Wills work. When your parents pass...
There are a few things to look out for when preparing your own Will. These are the few main common mistakes that people make when writing a Will. 1. The Distribution Method Naturally, if you do not write a Will, the Malaysian government will distribute your assets according to the Distribution Act 1958 which are...
It is not a common thing to include your mistress in your Will especially in Malaysia. However, it’s undeniable that some individuals engage in extramarital relationships. It must be noted that in Malaysia, these third parties such as mistresses or concubines or sugar baby dont have legal rights to your assets. Those rights belongs to...
What is the timeframe for submitting a probate application after someone passed away? Most people do not understand or know how probate applications work. Thus, I hope I am able to clear up the questions that people face in regard to the timeframe of submitting a probate application after the passing of a close kin....
Can your family members challenge your Will? And if yes, on what grounds can they challenge? It’s not unusual for families to contest a Will, as this has been happening for many years across various families. People often feel dissatisfied when they discover that someone else has received more than them, prompting them to challenge...
What is a Guardian? In Malaysia, a guardianship is a legal arrangement in which an individual is appointed to take care of and make decisions for a minor or a person who is unable to manage their own affairs due to mental or physical incapacity. The person who is appointed as the guardian is responsible...
When we pass away, have we considered what will happen to the pets we adore? Do we have any plans for their care or how they will manage to survive without us? It’s essential to prepare for any unexpected events that may occur and ensure that our pets are taken care of. We must take...
