What is the different between Executors and Administrators ?

What is the difference between executors and administrators as they relate to Wills?
If a person has a valid Will, then in his or her Will, there will be someone appointed as an executor. In most Wills, more than one executor appointed. This ensures that if the first executor also dies or is unable to act as the executor, there are backups to carry out the wishes of the testator.

我买了一大堆的保险，还怕子子孙孙不够吃吗？

很多人，包括我自己在懂得遗嘱、信托知识之前，都会认为，买了保险、填了受益人，死后家人就会有保障。但原来事实并非如此。

相信大家都听过很多案例，家人拿到保险赔偿金后钱一下子就被骗光、花光；不善理财的孩子因为忽然有很多钱而误入歧途、甚至有断送生命的；孩子还小，赔偿金被交到监护人手中却没有用在孩子身上，等等等等等，数不尽、道不完。

原来，买了保险、填了受益人，可以再加

Inheritance Tax - Malaysia ada boh?

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.

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

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?

Save money now to Spend MORE money in future???

Many people like to ask "How much to do a Will?" instead of "How to protect my assets?"

Do you more concern about the asset you accumulate hardly for the whole life or just to concern about the few hundreds or perhaps few thousands that needed to get a complete Will that can help you to protect ALL THE ASSETS you earned?

When should you Review your Will

Someone said, we recommend our clients to review their Will often is because we want to earn more. In fact, reviewing Will is for the testator's beneficiaries, not for us as estate planner. There's nothing for us to get from the estate.

Reviewing Will is to make sure you are leaving GIFTs for your loves, instead of leaving DEBTs and PROBLEMs for them.

遗嘱对谁最重要呢？

你立了遗嘱吗？
有钱人才需要立遗嘱吗？
我写了遗嘱可能看不到明天的太阳？

遗嘱对年轻的夫妻尤其重要，这样的家庭上有父母，下有孩子
万一有什么事情发生，谁去照顾他们的孩子？谁去照顾他们的父母？

我们要做的不是will writing
我们要做的遗产规划！

CONTACT ME NOW: 016-6825195

Source: 《全家私房钱》- 立遗嘱真的是有钱人的专利吗？听钱家爸妈怎么说！