您是否想过如果在马来西亚, 没有遗嘱的情况下去世，你留下的所有遗产会怎么处置吗？
今天和你分享“遗嘱真的那么重要吗”？
Thursday, November 23, 2023
Wednesday, December 9, 2020
Sunday, August 4, 2019
Saturday, August 3, 2019
Will Writing
A Will is defined under the Wills Act 1959 as “a declaration intended to have legal effect of the intentions of a testator with respect to his property or other matters which he desires to be carried into effect after his death and includes a testament, a codicil and an appointment by will or by writing in the nature of a will in exercise of a power and also a disposition by will or testament of the guardianship, custody and tuition of any child.”
With a valid will, your last instructions and wishes will be clearly and professionally defined to ensure your loved ones receive the best of you.
Your Will may contain provisions pertaining to, among others, the following:
- Revocation of earlier Wills
- Appointment of executor, trustee and guardian
- Distribution of assets to your beneficiaries
- Specific conditions may be given in dealing with your assets and/or beneficiaries
- Donations to charities
- Directions for funeral arrangements
- and all other important messages and instructions from you to your loved ones
A Will operates as a Declaration of Intention and does not interfere with your power of disposition during your lifetime. It only takes effect on your permanent absence. Your Will ensures what you plan for your loved ones with regards to your estate, will be executed accordingly.
Contact us for more info. +60126366468
Thursday, April 19, 2018
遗嘱你知多少？
今天又听到一位朋友为了遗产的事在发愁。。
妈妈在七年往生。没立遗嘱。。到现在妈妈名下的产业还没完全整理好，一些还没办转名。
妈妈好一些产业是和爸爸联名的，所以爸爸的经济出现问题，就算有产业也不能卖。
现在，爸爸的旧公司出了问题。可能会面对法院的控诉。
爸爸名下的产业很可能会被拍卖还债。。
好几名孩子在担心应该怎样做才能把爸爸的产业保留下来而不会被法院拍卖。。
爸爸口头上有答应几个孩子可以向现在打理公司的兄弟拿钱做生意，但如果在爸爸往生以后兄弟没尊守诺言呢？谁应该负责呢？
爸爸的产业要怎样分呢？
你们有这样的难题吗？
不动产有房子，车子，工厂，地产。。
现金。。
股票。。
信托基金。。
保险。。
Monday, March 29, 2010
March 21, 2010 Bro...You left us!
"Ya Kok" you left without saying anything that morning.
I was shocked and at that moment I realize life is just too short and no one can control it, no matter you are rich or poor.
You have been working hard to earn a living...now you have shop, a semi-d, big cars..but sad to hear that you didn't get to move in to your new house although it's ready! This is really sad!
Your final journey from your house is the most touching part, even our guy schoolmates were crying for you..I think they also realize life is just too short and most important thing is their drinking gang is getting lesser and lesser.
You are always the humorous among us. You brought laughter and joys to all of us...
This year we didn't get to meet each other during CNY because I have to attend a family dinner.
Your wife shown us your family photos which you took last November...your children are so adorable..you have a sweet family..but these photos have became your family's sweet memories..
You were planning to write your Will but you have procrastinate it..now your wife is having problem with the business funds, all were under your names...
I was scolding myself why I didn't propose to you and ask you to write a Will when we meet the last time...this is my fault..
Now, she has to face everything by herself...business, finance, kids etc...at least if I were to recommend you to write your Will, her business and finance can be solved temporary..
Sorry man!
I was shocked and at that moment I realize life is just too short and no one can control it, no matter you are rich or poor.
You have been working hard to earn a living...now you have shop, a semi-d, big cars..but sad to hear that you didn't get to move in to your new house although it's ready! This is really sad!
Your final journey from your house is the most touching part, even our guy schoolmates were crying for you..I think they also realize life is just too short and most important thing is their drinking gang is getting lesser and lesser.
You are always the humorous among us. You brought laughter and joys to all of us...
This year we didn't get to meet each other during CNY because I have to attend a family dinner.
Your wife shown us your family photos which you took last November...your children are so adorable..you have a sweet family..but these photos have became your family's sweet memories..
You were planning to write your Will but you have procrastinate it..now your wife is having problem with the business funds, all were under your names...
I was scolding myself why I didn't propose to you and ask you to write a Will when we meet the last time...this is my fault..
Now, she has to face everything by herself...business, finance, kids etc...at least if I were to recommend you to write your Will, her business and finance can be solved temporary..
Sorry man!
Tuesday, January 19, 2010
Good bye my dearest Brother!
2/1/2010 is suppose a NEW YEAR, a NEW START but to my dearest brother, his journey ended on this day.
My late God brother is a very outstanding car dealer. He was awarded by the car industry a very outstanding award "Golden Salesman", until his last day he is still outstanding.
He has his own company, partner with friends. His business is take cars from those authorise dealers and sell it under his own company, as that he has many friends and work very closely with many car dealers in Temerloh and Mentakab.
His final month in this beautiful world.. he sold 20 over cars, just imaging, i don't know how he handle this. Life is always very pity, he has chest pain before the new year, busy month, because many sales, people changing cars, order new cars, very busy month...he has ignored his chest pain.
Many friends saw him and ask him to go for a medical check, but because he is busy with "good business" he procrastinate this until 1/1/2010, he can't sleep, he feels very uncomfortable, head was very pain.
On 2/1/2010 morning, his decided to see doctor so his wife sends him to hospital, that time he was weak and can't walk far, he was on wheelchair when he reach hospital, so serious until he admitted to hospital.
Sad to say that there were only Trainee doctors around, long weekend, long holiday, there are no Professor around. Not much treatment was done, blood taken, he is on oxygen. At that point of time, he knew he needs to be treated fast but he is not allow to be discharged and send to KL for better treatment, because no Professor to sign the discharge letter. He was laying there with not much treatment and left all of us (who loved him so much) at around 6p.m that evening.
Who to blame? Doctor? The System? The Hospital Management?
We cry...and cry...and cry... but the fact is he will never come back to us..with his homour..his laughter....
Please remind your love one, long weekend, long holiday, don't simply admit to hospital and if no treatment was given in that hospital, please ask to send to better hospital in big town like KL / Kuantan.
Hope my brother "rest in peace".
We will take care your son and your wife.
Loved
Sister
My late God brother is a very outstanding car dealer. He was awarded by the car industry a very outstanding award "Golden Salesman", until his last day he is still outstanding.
He has his own company, partner with friends. His business is take cars from those authorise dealers and sell it under his own company, as that he has many friends and work very closely with many car dealers in Temerloh and Mentakab.
His final month in this beautiful world.. he sold 20 over cars, just imaging, i don't know how he handle this. Life is always very pity, he has chest pain before the new year, busy month, because many sales, people changing cars, order new cars, very busy month...he has ignored his chest pain.
Many friends saw him and ask him to go for a medical check, but because he is busy with "good business" he procrastinate this until 1/1/2010, he can't sleep, he feels very uncomfortable, head was very pain.
On 2/1/2010 morning, his decided to see doctor so his wife sends him to hospital, that time he was weak and can't walk far, he was on wheelchair when he reach hospital, so serious until he admitted to hospital.
Sad to say that there were only Trainee doctors around, long weekend, long holiday, there are no Professor around. Not much treatment was done, blood taken, he is on oxygen. At that point of time, he knew he needs to be treated fast but he is not allow to be discharged and send to KL for better treatment, because no Professor to sign the discharge letter. He was laying there with not much treatment and left all of us (who loved him so much) at around 6p.m that evening.
Who to blame? Doctor? The System? The Hospital Management?
We cry...and cry...and cry... but the fact is he will never come back to us..with his homour..his laughter....
Please remind your love one, long weekend, long holiday, don't simply admit to hospital and if no treatment was given in that hospital, please ask to send to better hospital in big town like KL / Kuantan.
Hope my brother "rest in peace".
We will take care your son and your wife.
Loved
Sister
Tuesday, November 10, 2009
Good offer - Will Writing
Dear Customers,
Rockwills is giving a very good offer of New Customers.Please read the appended flyer for more information.
Free consultation call : +6012 6366468
Write a Will when you CAN....For when you CANNOT....It will be TOO LATE!
Monday, July 27, 2009
EPF nomination - Have you nominate?
Recently Rockwills have received numerous queries regarding an email that has been circulating in cyberspace on the failure of EPF nomination.
According to this email, if you have nominated more than one person and if one of them dies before you, then your entire EPF nomination will be invalidated and if you didn’t make a fresh nomination, then the moneys will go to Amanah Raya.
This is not true. Please read the answer provided by the GM of Public Relations from EPF.
Actually this has already been brought to our attention by the Star Editor.
We have in fact sent our response to him which has been attached below for your reference.
If a member has more than one nominee and one of the nominees dies during the member's lifetime, only the portion that was bequeathed to the deceased nominee will be invalid.
Should the member later dies without updating his nomination, the other nominees will receive their portion accordingly.
Only the portion that was bequeathed to the deceased nominee will be subject to procedures under 'EPF savings without nomination' in which the first priority for the right to claim the member's savings goes to the appointed administrator of the deceased member's estate.
Therefore it is not true that if you, as a member, have named more than one nominee, the entire nomination will be void if one of the nominee dies before you.
It follows however that if you have named only one nominee and he or she dies before you, the nomination will be void unless a new beneficiary is nominated. Please note that you don't have to produce the death certificate of a deceased nominee to change your nomination.
You can change/update your nomination anytime by simply completing a new KWSP 4 (AHL) Form. This will automatically revoke any earlier nomination made.
The information concerning approaching EPF counter within 3 days to avoid EPF savings being 'surrendered to Amanah Raya' if no nomination is made or if nominee dies at the same time as the member is not true.
Depending on the amount of savings in the member's account, if there is no nomination the procedure will be as follows:-
If member's EPF savings are less than RM25,000:
* *Initial sum of RM2,500 will be paid to the next of kin.
* *The balance will be paid after a two-month period from the date of the member's death.
If member's EPF savings are more than RM25,000:
* *Initially a sum of RM2,500 will be paid to the next of kin.
* *The second payment (not more than RM17,500) will be paid to the next of kin after two months from the date of the member's death.
* *The balance of the savings will be paid upon submitting the Letter of Administration/Grant of Probate/Distribution Order/Faraid Certificate from the party that administers estates such as Amanah Raya Berhad or the Court or the Land Office, respectively.
The process to obtain these documents is time-consuming and certain fees will also need to be paid. On the other hand, with nomination, no fees need to be paid. This is precisely why nominating is very important.
You should also ensure that you update your beneficiary whenever there is any major life changes such as marriage, additional new members or the death of a nominated beneficiary.
The explanation above should help you respond to members' queries on this issue.
Please also help us forward this explanation to those who forwarded the email.
Thank you.
Nik Affendi Jaafar
General Manager,
Public Relations, EPF"Proud to be certified MS ISO 9001 : 2000"
EPF nomination is important and yet Will also is equally important as to claim the balance EPF fund you still need Letter of Administration / Grant of probate.
For further information please contact: 012 6366468
According to this email, if you have nominated more than one person and if one of them dies before you, then your entire EPF nomination will be invalidated and if you didn’t make a fresh nomination, then the moneys will go to Amanah Raya.
This is not true. Please read the answer provided by the GM of Public Relations from EPF.
Actually this has already been brought to our attention by the Star Editor.
We have in fact sent our response to him which has been attached below for your reference.
If a member has more than one nominee and one of the nominees dies during the member's lifetime, only the portion that was bequeathed to the deceased nominee will be invalid.
Should the member later dies without updating his nomination, the other nominees will receive their portion accordingly.
Only the portion that was bequeathed to the deceased nominee will be subject to procedures under 'EPF savings without nomination' in which the first priority for the right to claim the member's savings goes to the appointed administrator of the deceased member's estate.
Therefore it is not true that if you, as a member, have named more than one nominee, the entire nomination will be void if one of the nominee dies before you.
It follows however that if you have named only one nominee and he or she dies before you, the nomination will be void unless a new beneficiary is nominated. Please note that you don't have to produce the death certificate of a deceased nominee to change your nomination.
You can change/update your nomination anytime by simply completing a new KWSP 4 (AHL) Form. This will automatically revoke any earlier nomination made.
The information concerning approaching EPF counter within 3 days to avoid EPF savings being 'surrendered to Amanah Raya' if no nomination is made or if nominee dies at the same time as the member is not true.
Depending on the amount of savings in the member's account, if there is no nomination the procedure will be as follows:-
If member's EPF savings are less than RM25,000:
* *Initial sum of RM2,500 will be paid to the next of kin.
* *The balance will be paid after a two-month period from the date of the member's death.
If member's EPF savings are more than RM25,000:
* *Initially a sum of RM2,500 will be paid to the next of kin.
* *The second payment (not more than RM17,500) will be paid to the next of kin after two months from the date of the member's death.
* *The balance of the savings will be paid upon submitting the Letter of Administration/Grant of Probate/Distribution Order/Faraid Certificate from the party that administers estates such as Amanah Raya Berhad or the Court or the Land Office, respectively.
The process to obtain these documents is time-consuming and certain fees will also need to be paid. On the other hand, with nomination, no fees need to be paid. This is precisely why nominating is very important.
You should also ensure that you update your beneficiary whenever there is any major life changes such as marriage, additional new members or the death of a nominated beneficiary.
The explanation above should help you respond to members' queries on this issue.
Please also help us forward this explanation to those who forwarded the email.
Thank you.
Nik Affendi Jaafar
General Manager,
Public Relations, EPF"Proud to be certified MS ISO 9001 : 2000"
EPF nomination is important and yet Will also is equally important as to claim the balance EPF fund you still need Letter of Administration / Grant of probate.
For further information please contact: 012 6366468
Friday, July 24, 2009
It's the Time to Give!
Receiving this piece of Information, I was so happy that Rockwills has done another round of wonderful contribution to this society.
There are total of 26 Charitable Organisations have already tied up with Rockwills as listed below:
- National Autism Society of Malaysia (NASOM)
- Women’s Aid Organisation (WAO)
- Kiwanis Down Syndrome Foundation (KDSF)
- Ti-Ratana Welfare Society Malaysia
- Rumah Hope
- Pusat Penjagaan Kanak-Kanak Cacat Klang Selangor
- Spastic Children’s Association of Selangor & Federal Territory (SCASFT)
- World Wide Fund For Nature (WWF)
- Rumah Charis
- Charis Hospice
- Penang Cheshire Home
- Handicapped and Mentally Disabled Children Association Johor Bahru, Johor
- Kuching Autistic Association
- Pertubuhan Ibu-Bapa Kanak-Kanak Keperluan Istimewa Sarawak (PIBAKAT)
- Society for the Prevention of Cruelty to Animals (SPCA)
- Pertubuhan Kebajikan Kanak-Kanak Khas Negeri Johor
- Persatuan Kebajikan Orang-Orang Istimewa
- Desa Amal Jireh
- Malaysia Mental Health Association
- Persatuan Kristian Shuang Fu Untuk Orang-orang Kurang Upaya Kuala Lumpur
- Yayasan Kebajikan Psikologi Malaysia
- Malaysian AIDS Foundation
- Women's Centre for Change
- Malaysian Medical Relief Society (MERCY - Malaysia)
- Alzheimer's Disease Foundation Malaysia
- The Salvation Army
As more and more people become conscious of helping charitable organisations.
If you can't think of anyone to give a way your estate or you would like to donate / charity away part of your estate.
Please refer to the above listed NGO. They are waiting for hope!
“the more you give, the more you shall receive”, (有舍才有得）please continue to support this good cause.
Sunday, July 5, 2009
Who is Executor? Why do we need an Executor?
Executors are vital to the successful effecting of a Will.
An executor is the one appointed to carry out the terms and instructions in your Will, and administer your entire estate until all assets are distributed. The distribution and administration process would depend on the size and values of the estate, the beneficiaries' age.
Sometimes, the executor might be required to also assume the Trustee's role if no other trustee has been appointed and if beneficiaries are not yet ages 18.
Choosing an executor is not an easy task. We can choose up to four execuor. Each of them should ideally possess assest management skills and professionalism - especially if the estate is large. Honesty and reliability are necessary since valuable like jewellery, ornaments and antique will be vested with them until finally distribution. They should also have time to manage the whole process.
Spouse are quite commonly named executor, they may not be in a state of mind to deal with the demanding duties and complex procedures involved if still in grief.
Why not consider a corporate trustee to be either an executor or a substitute executor. Such institutions understand fully the intricacies of a Will, and possess the time and ability to manage, distribute and enhance your estate effeciently. They are also impartial (non-biased to particular persons) and ha continuity. They are thus excellent alternatives to individual executors. They also possess the necessary knowledge and experience with the courts to deal with matters pertaining to a Grant of Probate to ensure the smooth distribution of your estate.
Before the appointment of an executor whether it's individual / corporate), you are advice to get their consent. Especially with individuals, this will ensure that they not only understand the magnitute of the task, but are ready and willing to assume it. This will avoid problems of the executor renouncing the role later on.
Family members should be furnished with the name, address and contact number of the executor so that the person can be contacted immediately when required. This is especially important if the Will contains funeral instructions or matters requiring urgent attention.
Executors are the ones who will ensure whether all your final wishes come true. Therefore, choose then wisely.
For more information, please contact : Candy at 012 6366468
For those who have not write their Will, please start to think about this....
Source: The Sun - 31st March 2000
An executor is the one appointed to carry out the terms and instructions in your Will, and administer your entire estate until all assets are distributed. The distribution and administration process would depend on the size and values of the estate, the beneficiaries' age.
Sometimes, the executor might be required to also assume the Trustee's role if no other trustee has been appointed and if beneficiaries are not yet ages 18.
Choosing an executor is not an easy task. We can choose up to four execuor. Each of them should ideally possess assest management skills and professionalism - especially if the estate is large. Honesty and reliability are necessary since valuable like jewellery, ornaments and antique will be vested with them until finally distribution. They should also have time to manage the whole process.
Spouse are quite commonly named executor, they may not be in a state of mind to deal with the demanding duties and complex procedures involved if still in grief.
Why not consider a corporate trustee to be either an executor or a substitute executor. Such institutions understand fully the intricacies of a Will, and possess the time and ability to manage, distribute and enhance your estate effeciently. They are also impartial (non-biased to particular persons) and ha continuity. They are thus excellent alternatives to individual executors. They also possess the necessary knowledge and experience with the courts to deal with matters pertaining to a Grant of Probate to ensure the smooth distribution of your estate.
Before the appointment of an executor whether it's individual / corporate), you are advice to get their consent. Especially with individuals, this will ensure that they not only understand the magnitute of the task, but are ready and willing to assume it. This will avoid problems of the executor renouncing the role later on.
Family members should be furnished with the name, address and contact number of the executor so that the person can be contacted immediately when required. This is especially important if the Will contains funeral instructions or matters requiring urgent attention.
Executors are the ones who will ensure whether all your final wishes come true. Therefore, choose then wisely.
For more information, please contact : Candy at 012 6366468
For those who have not write their Will, please start to think about this....
Source: The Sun - 31st March 2000
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