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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Macau King of Gambling Stanley Ho’s Estate Dispute: What if it happened in Malaysia?

The “Macau King of Gambling Estate Dispute” is a high-profile case involving inheritance rights that has garnered significant attention in recent years. While the case originated in Macau, it has also sparked widespread controversy and interest in Malaysia due to its connection with Malaysian laws and assets. This article aims to analyze the occurrence and...

Balancing Roles: The Power of Executor vs Guardian

When it comes to estate planning, two critical roles that often come into play are the executor of a Will and the guardian of minor children. While both positions carry significant responsibilities, their powers and duties differ considerably. In Malaysia, understanding the distinctions between these roles is essential for ensuring the smooth administration of estates...

Joint Bank Account Survivorship Clause vs. Will: Determining Asset Distribution

Estate planning involves making important decisions regarding the distribution of assets after one’s passing. However, conflicts can arise between the instructions outlined in a will and the survivorship clause associated with a joint bank account. This article delves into the legal implications and considerations surrounding whether the survivorship clause or the will prevails in asset...

Can a bankrupt individual inherit assets?

Everyone is entitled to inherit assets of a deceased person either by a will created by the deceased or if the deceased has died intestate, the inheritance will be made according to Section 6 of the Distribution Act 1958. If you are considering leaving your assets to a beneficiary who has been declared bankrupt in...