Common Mistakes When Writing a Will (2)

With an invalid will, is just like without a Will.

3. Selecting The Wrong Person To Be Witness
If your witness is also a beneficiary or the spouse to a beneficiary in your Will, then that person forgoes his or her gift. A gift made to someone who witnesses your Will is deemed to be null and void.
HOW TO PREVENT THIS - It is better asking close friends to be witnesses rather than family members who may be a potential beneficiary.
BEST SOLUTION

Common Mistakes When Writing a Will (1)

Without a Will, all of these decisions are left to a court to determine in accordance with distribution laws in Malaysia.

1. Unknown Location Of Your Will
If a Will cannot be found, it is assumed that you have not written one.
HOW TO PREVENT THIS - tell others where your Will is kept. If you change its location, remember to inform them. Alternative, keep all the important documents like titles, insurance policy
documents and your Will together in one location.
BEST SOLUTION - keep under trustee company's custody

什么样的情况下，您需要重新立一份遗嘱？ (3)

以下的情况是立遗嘱者必须考虑重写他的遗嘱

9. 成立信托

• 立遗嘱者想成立信托基金来照顾受益人

10. 新生儿

什么样的情况下，您需要重新立一份遗嘱？ (2)

以下的情况是立遗嘱者必须考虑重写他的遗嘱

5. 监护人身份改变

• 监护人也许不能完成任务因为
• 逝世
• 丧失工作能力
• 神志不清醒
• 监护人改变初衷然而不想成为监护人
• 宗教改变
• 移民
• 联合监护人已正式离婚或是离异

6. 受益人身份改变

什么样的情况下，您需要重新立一份遗嘱？ (1)

以下的情况是立遗嘱者必须考虑重写他的遗嘱

1. 婚姻状况转变
例如：

• 单身变已婚
• 离婚
• 再婚
• 配偶转变

** 立遗嘱者也许要重新更改您的意愿以及考量什么样的资产规划工具可以帮助您达到您的意愿。

2. 关系改变

When you will need to rewrite your Will? (3)

Situations where Testators need to consider rewriting their Wills

9. Setting up of a trust fund

• Where testator intends to set up a trust fund for his beneficiaries

10. Addition of child/children

When you will need to rewrite your Will? (2)

Situations where Testators need to consider rewriting their Wills

5. Guardian status changes
A guardian can cease to act because of

• death
• incapacity
• unsound mind
• change of heart in that he becomes unwilling to act
• change of religion
• migration to another country
• judicial separation or divorce in the case of joint guardians who are married to each other

6. Beneficiary status changes

When you will need to rewrite your Will? (1)

Situations where Testators need to consider rewriting their Wills

1. Marital status changes
Examples:

• single to married
• married to divorced or legally separated
• remarrying
• single spouse to multiple spouses

** Need to review whether objectives have changed and instrument meets changed objectives

2. Relationship changes