A remisier friend of my by the name of Julia said that one of her client has RM6 million worth of listed share in Bursa Malaysia, he die intastate recently. He left behind a 14 years old child. Now, with the forzen of the share, nobody including the family memeber can sell them.
In this recent financial melt down, the RM6 million has seen drouped 30% in value and it takes years before Letter of Administration can be issued to unlock the frozen shaes.
This is a reminder to everyone, whether you are rich or poor, youmust make sure there is a Will written to protect your family for any unwelcome event happen to us.
For professional advice on Will, please call +6012-303 9383 or click www.rockwillsonline.com.my
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