As legacy advisors in Malaysia, we are also facing some questions which related to testamentary trust. A common question we encounter is from individuals like Mr. Lee, who asked, “Should I choose Trustee Company like Amanah Raya or an individual trustee for my trust?”.
Trustee Company such as Amanah Raya, which is the only public trustee in Malaysia, offer a range of benefits that can provide peace of mind and ensure the effective management of your testamentary trust. Here’s why many individuals opt for a public trustee over an individual:
Professional Expertise and accountability
Public Trustees operate with a dedicated team of professionals who specialize in trust administration. They bring a wealth of expertise in legal and administrative matters, ensuring that your trust is handled with the highest standards of professionalism. This professional approach minimized the risk of errors or mismanagement that can arise when trusts are administered by individuals without the necessary qualifications or experience.
Continuity and reliability
One of the primary concerns when appointing an individual trustee is their longevity and availability. Individuals may become unavailable due to unforeseen circumstances such as illness, relocation, or even death. This can disrupt the management of your trust and potentially lead to delays or complications in executing your wishes. In contrast, public trustees like Amanah Raya offer continuity and reliability, ensuring that your trust is managed consistently over time and transitions smoothly when necessary.
Impartiality and Conflict Avoidance
Public trustees are impartial third parties entrusted with the fiduciary duty to act in the best interests of beneficiaries. This impartiality helps mitigate potential conflicts of interest that could arise when appointing a family member, friend, or business partner as a trustee. By avoiding personal relationships, you reduce the likelihood of disputes and ensure that decisions are made objectively based on legal and ethical guidelines.
Choosing a trustee for your testamentary trust is a decision that requires careful consideration of various factors, including professionalism, reliability, and impartiality. Opting for a public trustee like Amanah Raya offers numerous advantages over appointing an individual, ensuring that your estate planning is executed with precision and your beneficiaries’ interests are protected over the long term. By periodizing these considerations, you can make a confident choice that aligns with your goals for asset management and legacy planning.
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为什么我应该选择信托公司作为我的受托人(Trustee) ？
身为专业的资产规划师，我们经常收到像李先生提出的这类型问题：“我应该选择信托公司例如Amanah Raya，还是选择个人受托人(Individual Trustee)来管理我的信托？“。
信托公司，例如马来西亚唯一的公共信托公司Amanah Raya，提供一系列的好处，能够给你带来安心，并确保你的遗嘱信托可以得到有效的管理。以下是为什么很多人选择信托公司而不是个人受托人的原因：
专业和有责任
信托公司拥有专业的团队专注于信托管理。他们在法律和行政事务都拥有丰富的专业知识，可以确保你的信托以更高标准的专业性进行管理。这种专业化的处理方式能够尽量地减少因个人受托人管理信托时可能出现的错误或管理不善的风险。
持续性和可靠性
委任个人委托人时主要的顾虑之一是其服务的长期性和可用性。个人受委托可能因为疾病，搬迁甚至去世等意外情况而无法继续担任委托人。这可能会干扰信托的管理，也可能导致一些延迟或者使到管理信托的时候复杂化。相比之下，像Amanah Raya这样的公共信托公司提供持续性和可靠性，确保信托可以平稳的执行。
公正和避免冲突
信托公司是独立的第三方，他的职责是为受益人的利益行事。他们的公正公平性有助于减少因个人关系导致的利益冲突。所以选择信托公司可以降低纠纷的可能性，也可以确保决策客观公正。
选择你的遗嘱信托受托人是一个需要仔细考虑各种因素的决定，其中就包括了他的专业性，可靠性和公正性。选择像Amanah Raya这样的公共信托公司比委任个人所托人有更多的优势，可以让你的资产规划被准确的执行，同时间也保护信托受益人的长远利益。通过考虑以上提到的因素，你可以做出符合你资产规划的选择。
