Will Writing for Beginners
Why do you need a will? What if you die without one? Is it going to be a mess. This article shows you the important benefits of having a will written, and also provide you a simple easy guide to draft your own will.
Category
Estate Planning
The Real Issues on Distributing Assets of a Deceased Muslim
What happen to the asset of a Muslim when he/she passed away? Is it simply distributed, smoothly, according to Faraid Law? It is in fact not that simple at all. Mr. Mohd
What is a Wasiat (Islamic Will)?
What is Wasiat? Puan Jasmin Jamaluddin (General Manager as-Salihin Trustee Bhd) explained about the Wasiat or Islamic Will in this video: Wasiat is a declaration of a person made during his lifetime
Key Concerns of Family Owned SMEs in Malaysia
Family Businesses are very complicated and they are a few key concerns among them when passing on their wealth to the next generation or generations to come. One key concern
Introduction to Setting Up a Labuan Trust
Before 2010, there were some restrictions in using Labuan foundations as wealth planning jurisdiction. Today, those restrictions have been removed. Malaysian can set up Labuan Foundations and Malaysian assets can
The Advantages of Setting Up a Business Value Protection Trust
For business formed under partnership or with multiple shareholders, many owners never think of the exit plan. What if a director passed away? What if a partner wants to withdraw?
Cross-Option Agreement: Business Exit Solution for All Shareholders
A Cross Option Agreement is also known as a “wait-and-see” Agreement or Double Option Agreement. It is considered as “wait-and-see” because it may be difficult to decide in advance what
Why do you need to Setup a Trust? Isn’t a WILL enough?
As we discussed in the last issue on the difference between will and trust? Will is mainly for distribution and trust the main objective is for preservation of assets. Imagine that
How to Set Up a Charity Foundation in Malaysia
What is the difference between forming a charitable trust under a living trust compared to forming a foundation under the Trustee Act 1952? The senior General Manager from Rockwills, Mr. Azhar