Will Writing In Malaysia
For those who have yet to take the all important step make it your personal goal to get started on this process right away.
Will writing in malaysia. Why do i need to use maybank2u will writing service. The cost of writing a will via maybank2u is rm298. Kenneth khoo to write malaysia s first and fastest selling do it yourself will writing kit titled. This is the reason why struan inc.
One way to draw up a will is by writing it out yourself as allowed under the malaysian wills act 1959. Will writing malaysia keywords. The service is available for malaysian citizen 18 years and above for peninsular malaysia and sarawak and 21 years and above for sabah. Some banks in malaysia also have their own will writing services that start from a few hundred ringgit per will.
If you do you may wish to seek in depth legal advice from a specialised consultant. If you have a large amount of money deposited at the bank usually over rm100 000 some banks also offer will and wasiat writing services for free. A diy will costs the least in initial ringgit outlay it s free but it does have its. Writing a will can be a simple affair particularly if you do not have any overseas assets businesses that you own or complex wishes on how your assets should be distributed.
Will writing malaysia created date. Section 2 of the wills act 1959 defines a will in technical terms as a declaration intended to have legal effect of the intentions of a testator with respect to his property or other matters which he desires to be carried into effect after his death and includes a testament a codicil and an appointment by will or by writing in the nature of a will in exercise of a power and also a. If you wish to make your will unchallengeable you should better engage the service of professional will writer to assist in your will writing. On the other hand in sarawak the legal age to write a will is 18 years old as well following the malaysia wills act 1959.
There are separate laws and treatment for muslim will writing. Bhd a penang based specialist publisher of finance and legal periodicals had in the year 2005 engaged dr. It will give you peace of mind that when it is time you would not have left any loose ends untied and comforting the knowledge that your family and loved ones will be taken care of. 8 24 2011 12 29 24 pm.
The above only applies to non muslim in malaysia.