Rockwills - Write a Will before It is Too Late

A client of mine called in yesterday wanting to write a Will. He is an retired fund manager who is now managing family's investments. Few days ago, a friend of his passed away without a Will and the whole family was in a mass as this friend has been managing his family's assets and investment, all under his name.

A Will can enable you to distribute your legal assets according to the way you want as some assets may not be yours but merely for you to hold on trust! Should any unwelcome event happen, these assets are returned to the respective owners. This avoid family contention, conflict etc.

For professional advice on Will please call +6012-303 9383 or visit www.rockwillsonline.com.my

Rockwills - Why Set Up an Insurance Trust?

A client of mine passed away leaving a sum of RM200K insurance pay out as legacy for her 3 nephews' education expenses. She appointed her brother as the trustee for the moneys.Now upon her demise, the RM200k is in the hand of her brother,the trustee.Recently one of the nephews wanted to further study a diploma course but the father is saying that it is a waste of money as he is not a 'study material' instead he is palnning to buy a house as the family is currently staying in a flat.Just magine, will the moneys been actually spend on the 3 nephews on their education? God will know.The client should appoint a corporate trustee and create an insuance trust. This will ensure her wish will come true!

Rockwills - A Will Provides Peace Of Mind

Before writng his Will, this client of mine by the name of Tan is a tempermental guy, he like to throw glasses at home when get moody. He is staying with a retarded brother in a big house together with his three nephews.Before writing his will, he is worried that one day when he is gone, his nephews will not take care of his retarded brothers and swindle his moneys.When I was asked to write a will for him, I told him that he should appoint a corporate trustee to take care of his estate and his brother's finance when he is gone.Do you know, after writing his Will, he never throw glasses and get moody anymore. This is because through a Will writen and appoint a corporate trustee, he know that he brother is well take care of and his greedy nephew will never abble to swindle or cheat his moneys and properties

Rockwills - Always get prepare for any unwelcome event

Recently, it was reported in major newspapers that a group of friends from Malaysia went to Taiwan for holiday and their hotel caught fire, all the 3 Malaysian die in the incident.

It was a sad news to everyone. The family of the deceased "got stucked" in Malaysia as all the deceased's assets were immediately frozen when the news was reported in the newspapers.

Their husbands with joint accounts faced cashflow difficulties and car can not be sold as all their asset frozen.

Back home, in their office, many of their colleauge quickly write their Wills as they do not want the same thing happen to them!.

It shows that it is important to write a Will, while we can and are sound mind, we should put on paper a Will just in case something unwelcome happen to us.

For professional advice on will please contact +6012-303 9383 /+603-7782 1993 or visit http://www.rockwillsonline.com.my/