Many people assume that once a will is written and an executor is named, everything is settled. But what happens if the person you’ve entrusted to carry out your last wishes dies before even applying for probate? This isn’t just a legal formality, it could really delay the process and make things stressful for your...
Case study William, who is now 55 years old, wrote his will when he was just 28. Like most Malaysians, he wonders: “Why do I need to update my will? My old one should still work, right?” Most people believe that writing a will is a one-and-done situation – you write it, stash it away,...
Most people assume that wills are only for the elderly or the terminally ill. In reality, no matter your age, marital status, or health, if you own assets or have loved ones you want to protect, you should plan your will sooner rather than later. Here are five common scenarios that might apply to you...
The Myth of “One and Done” When most people write a will, they do it with good intentions—and a sense of relief. It feels like a box checked, a task completed. Something responsible adults do, especially after having kids. But here’s the truth that rarely gets said: writing a will isn’t a one-time task. It’s...
By the time most people talk to me about insurance, they’ve already made a decision: they’ve bought a policy, they’ve named someone as a beneficiary, and they feel relieved. Done and dusted. But here’s what I always ask: “If something happened to you tomorrow, are you confident the money will be used the way you...
Case Analysis: Alan and Brenda are considering whether to transfer their property to their adult children during their lifetime or via a will. Below is a concise comparison of the differences, potential impacts, and practical considerations under Malaysian law: Category Lifetime Transfer Transmission via Will Control & Ownership • Immediate transfer of full ownership to children • Children...
As people age, one of their greatest fears is being neglected after they have distributed their wealth to their heirs. Unfortunately, many elderly individuals in Malaysia find themselves in situations where they have given away their assets but receive little to no care in return. So, how can this be prevented? Here are some practical...
Many people believe that writing a Will on their own and simply letting their children manage everything later is good enough. After all, it seems like a straightforward matter—just state who gets what, and it’s done. But what many don’t realize is that this approach can come with serious legal and emotional consequences, especially in...
In real life, I’ve heard too many people say, “We’re already divorced—there’s no way he (or she) can inherit anything from me.” But the truth is, what you assume to be “automatically invalid” has no standing in the eyes of the law. Especially when it comes to your EPF (Employees Provident Fund) and Estate Distribution...
Estate planning ensures that your estate is distributed according to your wishes, but what happens if both you and your beneficiary pass away at the same time? This situation, often arising from accidents or disasters, can create legal uncertainty in determining who inherits the estate. The Legal Presumption of Survivorship Under Malaysian law, the...
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