Category Archives: Money matters

Forged will found out

From The Telegraph news portal, a story about a forged will: The partner of an antiques dealer found bludgeoned to death in her driveway has admitted forging her will in order to get full ownership of their £850,000 home. Robert … Continue reading

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Unclaimed monies

A Bernama report dated 26 July 2017 had this to say about Unclaimed Monies with the Government: A total of RM5.7 billion in unclaimed monies from 1977 till June 30 this year is still being kept by the Accountant-General’s Department, … Continue reading

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From grandparents to grandchildren

Sometimes, wealth is passed directly from the grandparents to their grandchildren Continue reading

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Forged will

A 26-year-old case was resurrected at a Sessions Court in George Town yesterday, with a charge being filed against a man for using a forged document as the will of his late tycoon grandfather, The Star reported. Continue reading

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Trust companies related to Unit Trust schemes

This is a list of 14 registered Trust companies in Malaysia which are related to Unit Trust schemes, that is, offering Trust services to Unit Trust companies, as provided by the Securities Commission. This list is effective as at 31 … Continue reading

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FSA2013: Consent or no consent?

This is a short excerpt from my blog post yesterday on the Financial Services Act 2013: “I am saying this because the policy owner have to understand when consent is needed from the new trustee and when consent is not … Continue reading

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An alarmist approach on the Financial Services Act 2013

Three months down the road, the situation hasn’t changed much. I was told me a few days ago that the life insurance companies in Malaysia are still taking it easy with regards to the Financial Services Act 2013 which had … Continue reading

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Elements of a valid Will

If you don’t already know, Downton Abbey is a critically acclaimed British period drama television series. This series, set in the Yorkshire country estate of fictional Downton Abbey, depicts the lives of an aristocratic family, the Crawleys and their servants … Continue reading

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Should you sell off your family home?

I met up with a client about a week ago. Owing to some developments in her family, she had some doubts about re-writing her Will. Originally, she had included two of her children as beneficiaries but now, she wanted to … Continue reading

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New EPF rule to impact on unit trust investment

From The Malaysia Insider today, a news report about an impending change to the EPF’s rule regarding regarding a contributor’s use of his EPF savings for investments in Unit Trusts: “The EPF will revise upwards the basic savings quantum of … Continue reading

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