Personal Finance Money Tips

A Malaysian compiling Lots of tips and advices on personal financial planning - Protect, accumulate, preserve, and manage your WEALTH wisely!

Personal Asset Inventory Template

Most people won't be thinking about their death. But once in a blue moon, we somehow worry about the consequences of our premature death. That's why we have a WILL, especially for those with more assets (or liabilities) or young children. By writing a WILL, we have stored aside a golden key for our heirs to unlocked our assets in the future. The best benefit of all is the convenience and preservation we hope that a WILL can do for our family, when it needs to. If you have engaged a professional ...

When should you rewrite your Will?

Recently, I received a letter from Rockwills - the biggest will writing company in Malaysia. My Will is kept in their safe custody for my lifetime. There are three documents in the envelope: 1. A new Personal Asset Inventory Booklet - This is a very handy booklet that let you record all your assets, including bank accounts, safe deposit box, cars, liabilities and many other stuff you probably won't notice at all. I don't have much use of this booklet because I store a soft copy version using Microsoft Excel, which is ...

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