Monday, October 17, 2011

An Unproteded Will is as good as no Will

Many of my clients try to save the custody fee charged by Rockwills by not keeping their Wills at Rocwkills. They do not know that an unprotected Will is as good as no Will. The reason is simple, the Will written is not going to be used too soon as it is written as on a standby basis should something unwelcome happens. Thus, keeping at Rockwills Custody Centre ensures the Will to be found when need arses.

Professional safe custody of Wills also prevent the Wills from any intend tempering, been stolen, expose to fire and water and other disasters that might happen.

So, think of orofessional custody of Will after you have written your Will. They are equally important.

Monday, October 10, 2011

Write a Will to protect your family

We are at the final quarter of 2011, year end school holidays are coming. As usual, I have received numerous inquiries on writing of Will from prospects. Many of them tell me that they are planning to go for holidays at the end of the year, thus, writing a Will is something that they must do before they 'fly'.

Having a Will is not just able to leave a legacy of love, distribute our assets, it also make the legal process easier for our family. Through a Will we appoint trustee and guardian we trust for our minor children. We allocate our assets among our children. Finally, what if the whole family 'gone' in a disaster? We can donate our assets to charity or give them to our friends or other family members. These can be stated clearly in a Will.

Do not procastinate, write a Will today!

For enquiry, please call +6012-3039383 or visit www.rockwillsonline.com.my

Friday, October 7, 2011

Rocwkills - Business Succession Plan??

Have you every think of what will happen when you, as a share holder of a company passed away suddenly?

You might have written a Will to Will your share holding in the company to your family members, but is that good enough?

There may be many unwelcome people 'eyeing' on your share holding which is now in the name of your family members.

Are your family members able to run the company together with the remaining share holders? Will they welcome your family members?

Do your family members have the experience? Are they minor?

If your family members are minors or inexperience, what will happen next? The shareholding might be slowly been 'cheated' by some outsiders.

Lot of problems will be faced by the family memebers when they inherited your share holdings. The best way to do is to prepare an 'Exist Plan' where you will sell your share holding to the other interested parties at a price you agreed when you are alive.

Upon the sale of your share holding, sale proceeds will be given to your family members via a Trust Corporation.

Your can even decide on the manner to disburse the net proceeds to your family memebers. This protect them as well as the sale proceeds.

To find out on the perfect solution to address your concern on this issue, please conatct us via info@rockwillsonline.com.my or call +603-7782 1993 for more information on our forever in demand trust product known as 'BUSINESS VALUE PROTECTION TRUST' or PVPT in short.