TALK of a new tax called the inheritance tax being introduced in Budget 2018
You might say, isn't it Budget 2018 already announced? Isn't it there's no inheritance tax in Malaysia?! What you want to say about it?
Well, we know it is not in Malaysia now. But, it had been implement here before 1991 and many developed countries are implementing this tax NOW.
Who know when will it coming back to us?
Get to know about it from now will be better than hectic when the time comes.
Monday, March 25, 2019
Friday, March 15, 2019
Sad, but real case. Please read!
Below is a news-cutting of one of the common cases happening every here and there, and no matter what race or gender is.
Would you like to see if someday your mum or dad is filing law suit against your own child?
Would you like to see the your family members are no longer loving each other from their heart, but just to fight for the estate?
The 85-year-old filed the suit through Messrs Wan Marican, Hamzah & Shaik at the High Court registry on Jan 31.
She has filed suit against her two grandchildren for not disclosing they are the trustees of their father’s estate, said to be worth RM1.3bil.
Aminah claimed her two grandchildren failed to state the value of each of the three shares worth RM1,384,312,154 two years and six months after her son’s death and failed to give information relating to the estate before she appointed a syarie counsel to act for her.
The defendants were also said to have failed to include an apartment in the United States, worth RM10mil, in the list of assets that was attached to the letters of administration.
Jamaluddin was killed in a helicopter crash on April 4, 2015.
Read more at: https://goo.gl/Gx82am
CONTACT ME NOW: 016-6825195
Tuesday, March 5, 2019
What is Residual Clause?
I had been reviewing clients' Will, and found out some of their Will do not have the Residual Clause!!!
What a shock to the testator when I tell them their Will are incomplete!
The purpose of Residual Clause is to cater for assets that are not specifically mentioned in a Will. A properly written Will MUST have a residual clause.
Why is this important?
What a shock to the testator when I tell them their Will are incomplete!
The purpose of Residual Clause is to cater for assets that are not specifically mentioned in a Will. A properly written Will MUST have a residual clause.
Why is this important?
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