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Category Archives: Rockwills & Estate planning
Dying without a Will
Here’s a story from New Zealand about a parent’s agony to withdraw the money from their deceased son’s bank account. It was a long procedure culminating in them having to get a statutory declaration. Question: Do we need to go … Continue reading
Falsified signature
Let’s not speculate about whether the signature on the document was forged or not. For all you know, it might have been perfectly executed. But on the other hand, it could have indeed been a forgery. At the centre of … Continue reading
Posted in Rockwills & Estate planning, Rockwills & Inheritance
Tagged administration, administrator, estate, intestate, will
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Digital inheritance
If you are reading this, you must be one of countless people with Internet access. Chances are that you would have an account with Yahoo or Google or Hotmail. With social media being such a rage, chances are also very likely that you are on facebook. Possibly, LinkedIn. You may have also stored some personal data on Flickr or Picasa, or purchased some space in a digital cloud somewhere. Congratulations. You have one more thing to worry about: what happens to all this information once you die. Continue reading
My association with Rockwills Corporation
There are people who ask me how long I have been associated with Rockwills, the pioneering Will-writing company in Malaysia and they were surprised that both Rockwills and I go back a very long way. To be exact, 1995. incidentally, … Continue reading
Getting sued over liposuction death
Singapore’s The New Paper has an interesting story today about the family of a man who died after undergoing liposuction procedures and are now suing the private clinic that handled the botched operation. This news would normally be beneath my … Continue reading
Posted in Rockwills & Estate planning
Tagged administration, administrator, estate, executor, Rockwills & Estate planning, will
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Lessons learnt from Syed Kechik’s estate legal battle
There are three lessons to learn from this classic example of intestacy, that is, a situation where someone dies without a Will (or Wasiat in the case of a Muslim). Continue reading
Legal battle for Syed Kechik’s RM400 million estate ends
During his lifetime, politician and businessman Syed Kechik Syed Mohamed Al-Bukhary had amassed an empire that was worth about RM400 million. Continue reading
The pets shall inherit
Very few people in Malaysia or Singapore will want to leave their assets to their pets when they die but apparently to some Westerners, this is a serious consideration. In my years as an estate planner, I have yet to … Continue reading
You can keep your EPF savings until 75
A Bernama report in today’s Sun2Surf and other newspapers says that all contributors to the Employees’ Provident Fund (EPF) should withdraw their savings upon reaching the age of 75. “The EPF is not like a bank,” said the EPF’s head … Continue reading
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Estate planning is evolving
Lately, I’ve been attempting to meet up with some high net worth clients to share some ideas on estate planning with them. How fortunate to come across this very timely article in The Edge online version. It really helps to … Continue reading