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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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,...

The will was found, but it was as if there was no will

When Mr. Wong passed away, his family was relieved to discover that he had written a Will. But after presenting it to the lawyer, they were told something unexpected: “This Will is valid — but it doesn’t help as much as you thought it would.”   Despite the existence of a Will, they faced complications...

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...

Can a Foreigner be my Will’s witness?

In recent years, Malaysia has become an increasingly attractive destination for foreigners to live, work, retire, or invest. With government programmes such as Malaysia My Second Home (MM2H), more and more expatriates are choosing to make Malaysia their long-term home. As more foreigners settle down here, we’ve been getting a common estate planning question: “Can...