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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General Will Writing FAQ

What is a Will and why is it important? A will is a legal document that outlines how a person’s assets and estate should be distributed after their death. It’s crucial to ensure your assets are distributed as per your wishes. p/s There is no centralized system in Malaysia for your beneficiaries to check the...

How do you ensure your illegitimate child will receive a portion from your estate without the knowledge of your current partner?

Estate planning involves making decisions about how your assets will be distributed after your passing. Ensuring that your loved ones, including children, are taken care of is a primary concern. However, when complexities arise due to unconventional family situations, such as having an illegitimate child while in a committed relationship, navigating the legal and ethical...

On what grounds can a Will be challenged?

The creation of a Will is a crucial element of estate planning, allowing individuals to specify how their assets should be distributed after their passing. However, the legal validity of a Will can be subject to scrutiny and challenge under specific circumstances. Understanding the grounds on which a Will can be contested is essential for...

Are your digital assets inheritable by your next-ofkin?

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...

Why do parents need to appoint guardians for their children?

A guardian is an individual who assumes legal and personal responsibilities for another person, often a minor (someone below the legal age), someone with disabilities, or an elderly individual who cannot make decisions independently. Guardianship is especially common for minors, where a guardian is appointed to ensure their well-being and welfare. Under Section 3 of...

Impacts of Remarriages on Estate Planning in Malaysia

Not everyone experiences just one marriage in their lifetime; some may enter into multiple marriages for various reason like divorce, the passing of a spouse, or personal choices. Incorporating your new spouse into your estate-planning can be a complex matter, especially when children from previous marriages are in the equation. Understanding the significant consideration surrounding...