The Role of Insurance Funding The significance of insurance in estate planning often goes overlooked by many people. Although some have a basic understanding of its role, it is essential to fully comprehend its importance. If you are unfamiliar with the role of insurance in estate planning, let us be your guide. The role of...
These days, with the ever growing market and career opportunities, it is especially common for Malaysian citizens to pass away with assets in both Malaysia and Singapore, and possibly in other countries as well. Typically, the personal representatives of the deceased Malaysian citizen consult a Malaysian lawyer to obtain the Grant of Probate or the...
When a parent undergoes a religious conversion, it can have significant legal and cultural implications for the entire family. In Malaysia, the conversion of a father from non-Muslim to Muslim can have implications for the child’s inheritance rights. This article explores the effects of a father’s conversion to Islam on a child’s inheritance in Malaysia,...
In the aftermath of a loved one’s passing, beneficiaries of an estate eagerly anticipate the distribution of their inheritances. However, when an executor delays the distribution of assets, it can create frustration and uncertainty for beneficiaries. While it is the duty of the executor to administer the estate efficiently, delays can occur due to various...
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...
Estate planning is a crucial aspect of securing the future of one’s assets and ensuring the smooth transfer of wealth upon death. In Malaysia, signing two Wills on the same day introduces a complex legal scenario that necessitates a comprehensive understanding of the potential consequences involved. This article delves into the intricate details of the...
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...
The loss of a family member or loved one is a period of immense grief and emotional turmoil. During this vulnerable time, the executor of a Will assumes a position of trust and authority, responsible for ensuring the deceased’s estate is distributed in accordance with their wishes. However, it is disheartening to acknowledge that in...
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...
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...
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