Property Management After Death

The following info is extracted from "Property Management After Death in Malaysia". I copy and paste in here in case this link broken some day later. Besides, this is copy directly from the source page as the whole passage is SO SO SO IMPORTANT and nothing can be left alone.

The majority of us, in regards to property, have a general understanding of purchasing, selling, and renting our properties. But what about managing property that was left behind by the deceased? What happens to it? The general consensus is that it goes to the next of kin or appointed successor.

The ease of the testamentary transfer, the process of managing property(s) of a deceased person, is decided on whether a Will was left behind by the person. If no Will was left behind, the property(s) would be administered to his/her next-of-kin, in compliance to Section 6 of the Distribution Act of 1958.

However, with a Will, there may be a clearer choice of distribution of the property(s), whereby certain properties are specifically administered to certain beneficiaries of the Will.

悲！子女分产后，失智母成人球

看到这个题目，你会说我“又来吓人啦！”

话说回来，这样的情形，似乎在电视、电影都看过吧。有些身边甚至有真人真事tim!

Can we disown a child in Malaysia?

Question:
My brother has gambling problems and has borrowed a lot of money from my father in many occasions.

Recently, they went into an argument which resulted in my father publishing in the newspaper to disown him.

According to your previous publication, if a person passes away without a Will, his children will be able to inherit.

So in this case, is my brother still considered a child of my father and therefore eligible to be one of the heirs even after such publication in the newspaper?

Rockwills Answer:

数字资产纳入遗嘱的重要性

对于电子资产，你了解多少呢？
我们的社会正趋向0现金时代
很多东西可以通过网络买卖、电子交易、线上付款等等。

除了涉及金钱的电子户口/电子钱包，
还有哪些电子物件是金钱无法衡量的呢？
相信你我都有这些珍贵的宝贝。

你也许会想，虾米？这样也要规划啊？
这完全因人而异。
先来听听更多关于电子遗产的内容吧。
（此片段载自乐委培训&业务发展部总经理陈美茵接受ai fm专访视频）

完整视频点击：数字资产纳入遗嘱的重要性

CONTACT ME NOW: 016-6825195

资料来源：数字资产纳入遗嘱的重要性

A Q&A that many woman concern about

Question: 
My husband and I bought our house jointly and we are staying together with our children.

However, my husband also have children from his previous marriage.

If anything happens to him, will the children from his first marriage have a share in our house with my children?

Rockwills Answer: 

Can Digital Assets be inherited by your love one ???

'According to Forbes magazine, Mellon was worth an estimated $1 billion ($1.38b) because of an extraordinary gamble in Ripple cryptocurrency –money similar to Bitcoin which exists only in the digital world. He turned an initial $2 million investment into an online fortune.

He "cashed out" $350 million of his investment on January 3 – just six days before the value of Ripple plunged by 80 per cent. The market has since rallied, meaning his remaining investment is currently worth about a quarter of a billion dollars – and rising. But a disturbing question remains about where the money is.’

The above is an example on poor digital assets planning where his family members are not able to find the passwords to access his cryptocurrency investment that worth billion.

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