A client I met yesterday told me that a friend of his has written a Will through a lawyer many years ago. This friend of his has passed away few months ago. The family realised that there is only one beneficiary named in the Will and she has passed away few years ago. As there is no substitute beneficiary named in the Will, now, the distribution now has to follow the Distribution Act.
The family was very upset that the testator was not advised properly as his wife was quiet old (70+) when the testator wrote his Will, the lawyer should have advised him to include substitute beneficiary.
Thus, it is vey mportant that there are substitute beneficiary and executor named in a Will. This ensure the Will is 100% valid underthe law.
To find out more about will, please call +6012-3o3 9383, +603-7783 0833 or clickwww.rockwillsonline.com.my.
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