Many parents intend for their life insurance proceeds to be used for their children’s maintenance, education, medical expenses and general welfare after their passing. For this reason, they may set up a testamentary trust in their Will so that the Trustee can manage the funds until the child reaches a suitable age. However, one important...

Many families and business owners spend years building assets, yet the real challenge often begins when those assets need to be passed on. Delays, unclear instructions, family disagreements, and outdated planning can make things harder for the people left behind. Knowing how to set up a trust in Malaysia helps you put a proper structure...

Estate planning is often overlooked until it’s too late, leaving families to face difficult decisions in times of grief.  Many families mistakenly assume that their assets will be easily managed after their passing, but without a proper plan, the reality can be far more complex.  This article delves into the most common estate planning issues...

Let me share a situation I recently encountered. It’s not uncommon, and if you’re a parent with young children, you might find yourself thinking the same way. I met a client, let’s call him Mr. L. His wife had passed away, and he’s now raising two children aged 13 and 14 on his own. Understandably,...

Recently, I met a client in a very common yet delicate situation. He is married, has no children, and lives with his wife and his 65-year-old mother in a bungalow in Puchong. It’s a beautiful home — not just in structure, but in meaning. The house originally belonged to his late father, who left it...