Wednesday, June 17, 2015

Question on Will and Trust:- The persons named in a Will?

To write a Will, you need to name the following persons:-

1. Your Executor, The role of the Executor is to apply a document called Grant of Probate; locate the testator's assets; pay his debts and expenses and finally distribute the balance of the assets accordingly to the Will.

2. You Trustee. The role of the Trustee is to hold on trust if there is minor beneficiaries named in a Will or there is testamentary trust created in the Will whereby the testator wish the Trustee to hold on trust certain assets until certain date line or event occur.

3. Your Guardian. This is applicable if you have minor children (less then 21 years old) and when both parents have passed on.

4. Your beneficiaries. They can be minor, need a Trustee or adult or a corporation like a Charity.

It is very important that your appointed Executor and Trustee you trusted. He must be efficient and you can rely on him to administer your estate till the assets is distributed.

Appointing a trust corporation like Rockwills Trustee Berhad is a wise choice. There are many advantges to appoint a corporate Trustees. We will share in this topic in the future.

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To know more about Will, please contact Rockwills Service Centre at 012 303 9383

Will Talk at Senior Citizen Association Selangor & KL at Kelana Jaya, Kuala lumpur (15/6/2015)


On 15/6/2015, I was conducting a Will and Trust Talk at The Senior Association at Kelana Jaya, Kuala Lumpur. There were more than 30 senior citizens in the sharing session. Many misconception about Will were cleared.

If you are interested to organise such an educational talk, please contact 012- 303 9383 or 03-7782 1993 for more information.

Saturday, June 6, 2015

Question about Will and Trust: What is the Will Writing Fees charged by Rockwills?

In Rockwills, at the current date, the Will fee charged is based on the numbers of clauses/paragraphs in a Will. We have different types of Wills based on the numbers of clauses/paragraphs. Please refer to the price list below applicable at the moment, may subject to changes in the future.

However, if you intend to appoint Rockwills Trustee Berhad as your Executor or Trustee in your Will, RM120.00 is payable. Our Will fees is inclusive of one years fee safe custody of Will - Option I. You may opt for lifetime custody of your Will if you select Option II.

For more information, please call Rockwills Service Centre at 012-303 9383 or 03-7782 1993 or visit www.rockwillsonline.com or rockwills.biz.

Question about Will and Trust: What is a Will?

A Will is a document to declare in a prescribed form the intention of the person making it of matters or issues  which he/she wish to take effect after his/her demise. In Malaysia it must be in written form but there is exception.

A Will can be written in any language, however, if the person making it does not know or can not read the language, then translation is need before the person making it sign on the Will. Usually, the translator's particular are also printed in the Will.

The person making it must sign the Will in the presence of two witnesses. These 2 witnesses can not be the beneficiaries or spouse of a beneficiary.

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To find out more about writing a Will, please visit rockwillsonline.com.my or call 012-303 9383, Authozied Service Centre of Rockwills.