Sunday, July 23, 2017

The Need For Document Custody (2)

          Once your Will is deposited into the Rockwills custody centre, it will be closely monitored, coded with a special vault storage reference number and custody card for controlled access.

          I strongly not recommend anyone to keep Will in a safe deposit box! The problem is that when a person passes away, all the assets including the safe deposit box will be frozen even if it is in joint names. As such, the beneficiaries will need to get a court order in order to open the safe deposit box which incur additional costs and inconvenience. Moreover, there is the problem of loss of privacy and confidentiality. When it is kept in the safe deposit box, the joint account holder will also have access to the Will.


          However, keeping with our Professional Will Custody Service avoids such problems and is only about RM0.30 cents a day which is a small price to pay for the peace of mind knowing that the Will being a precious document is safely stored and can be found when the need arises.


          When the Will is kept at Rockwills custody centre, you will receive 2 custody cards (which flags the existence of the Will), a personal asset inventory booklet, annual reminder (renewal) letters and free personal accident cover worth RM20,000 with a one time registration fee of RM20.00.


CONTACT ME NOW: 016-6825195



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