Citation Probate Malaysia: A citation is a notice issued when the executor(s) in a will delay or declines to apply for the grant of probate. A Citation for Probate is an option to beneficiaries forcing the intermeddling person to formalize their role by obtaining a Grant of Representation and completing the action. A caveat must…
Cover Overseas Assets – Foreign Will: You may own any assets. Such as bank accounts, investments, or properties located overseas during your lifetime. You may not aware of the potential inheritance issues and legal complications in respect of the administration of overseas assets upon demise. How do you cover such assets if you are no…
Sample Letter of Administration Malaysia: When you pass away and there’s a will, you’ll be needing a grant of probate (GP). However, if there’s, unfortunately, no will, then it’s a letter of administration (LA) that’s needed. If there’s a will, then a grant of probate (GP) is the document you need. If there’s no will…
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The government introduced Nomination in the Private Retirement Schemes (PRS) which is a voluntary contribution pension scheme to encourage people to save more for their retirement other than EPF contributions. When you invest in the Private Retirement Schemes, you will automatically be enrolled as a member of Private Pension Administrator (PPA) Malaysia. Therefore, you are…
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A commorientes clause is a clause that state in the Will that the beneficiary will only be entitled to the gifts if the beneficiary survives the testator by certain days. Usually 30 days after the death of the testator. The literal meaning of commorientes is “simultaneous deaths“. The commorientes rule applies for the purpose of…
Dolutpat sollicitudin ante ac hendrerit. Proin tellus mi, eleifend non venenatis sit amet, ullamcorper at ligula. Nunc molestie dolor nec magna fermentum in pharetra orci mollis.