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Category Archives: Rockwills & Inheritance
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
Posted in Rockwills & Estate planning, Rockwills & Inheritance
Tagged estate, executor, intestate, Rockwills & Estate planning, Rockwills & Inheritance, will
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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
Posted in Money matters, Rockwills & Estate planning, Rockwills & Inheritance
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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
Posted in Rockwills & Estate planning, Rockwills & Inheritance
Tagged administrator, Declarasi Harta Sepencarian, Declaration of matrimonial property, executor, Faraid, heirs, intestacy, Malaysia, probate, residuary estate, Syed Kechik, Wasiat, will
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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
Unclaimed monies
The total amount of unclaimed monies in the country stands at RM4 billion. Continue reading
Posted in General, Rockwills & Inheritance
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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
Posted in Rockwills & Estate planning, Rockwills & Inheritance
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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
Posted in Rockwills & Estate planning, Rockwills & Inheritance
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Enduring power of attorney
This article appeared in The Times newspaper of the United Kingdom a few years ago. It’s interesting as the case revolved around an old infirmed lady and her domestic help: Life expectancy is rising and property prices are rocketing. As … Continue reading
Posted in Rockwills & Estate planning, Rockwills & Inheritance
Tagged power of attorney, Rockwills & Estate planning, will
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Arranging a funeral
A rather morbid story today but a necessary one. It’s about arranging a funeral. I’m no expert in this field but if you need a professional funeral director here in Malaysia, there are several too. Losing a loved one is … Continue reading
Posted in Rockwills & Estate planning, Rockwills & Inheritance
Tagged administration, executor, funeral, probate, Rockwills & Estate planning, will
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Dormant accounts
More interesting information on dormant accounts from the UK perspective. The story is quite out-of-date (Gordon Brown has left the UK political scene) and circumstances may be slightly different now. However, do read it to get an overview about what … Continue reading
Posted in Rockwills & Estate planning, Rockwills & Inheritance
Tagged accounts, bank, dormant, Rockwills & Estate planning, unclaimed moneys
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