What can I do for you ? (10)

Rockwills Business Solutions Sdn Bhd (RBS) can offer our business associates the setting up of offshore companies through our Rockwills Corporate Services Pte Ltd (RCS) in Singapore. We, at RBS make it easy and hassle-free for you and your business clients to set up offshore companies at various jurisdictions such as British Virgin Islands, Mauritius, Hong Kong, Labuan, Seychelles, Belize, Cayman Island and many more.

By setting up the offshore companies, the companies and individuals will be able to enjoy a full range of attractive benefits offered by the various jurisdictions as a good and effective estate planning tool.

What can I do for you ? (9)

If you have assets outside Malaysia, you should seriously consider setting up estate planning instruments to deal with those assets. This is due to the fact that different inheritance laws in different countries do not apply here.

For example, a Malaysian who owns foreign assets has done his local Will but has yet to set up any estate planning instrument outside Malaysia. Upon his demise, if nothing is done, his foreign assets may be distributed in accordance with the laws there. The entire estate administration process may even take twice the time it may require if there is a separate instrument set up in that particular foreign country. And the legal cost involved in the process may be considerably higher than locally.

What can I do for you ? (8)

When you wish to write your Will, the key questions to ask are:

• Who will get what and how best to provide for your beneficiaries?
• Who do you appoint as Executor and is that person qualified to be the executor of your estate?
• Can you trust this person with everything you have and will he/she be always there for your beneficiaries?

Understandably, you may want to appoint someone close to you as the executor. However, selecting an individual to manage your estate may do more harm than good, apart from the risk of loss from misuse or mismanagement.

What can I do for you ? (7)

“I want to provide for my family in their time of need when I am no longer able to“

• You wish to create a fund to take care of a certain person for example, a distant relative who took care of you when you were young.
• You wish to free your family members from the burden of paying your outstanding loans and liabilities e.g housing loans.
• You wish to ensure that upon your demise, the needs of your family are well taken care of while waiting for Probate or Letter of Administration to unfreeze your assets.
• You want to establish a fund for various purposes such as education, medical assistance, maintenance and even for purposes of charity, and also for different categories of beneficiaries for example, family members, special needs children, future generations and relatives.

The Solution