Wills in Malaysia

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Wills in Malaysia

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What is a Will ?

 

A will outlines the intention and wishes of an individual (“testator”) in relation to distribution of his/her movable and immovable assets as well as other matters which may include guardianship, child custody etc after the death of the testator.

 

Why have a Will ?

 

It is a convenient and practical way to pre-plan one’s estate before their demise. By creating a will, it allows the testator to specify his/her beneficiaries and allocate the assets according to the wishes of the testator, appoint an executor to administer the estate, appoint a guardian for minor children etc.

 

If an individual dies without a will, his/her estate will be distributed according to the Distribution Act 1958. In other words, the distribution may not reflect the deceased’s wishes.

 

Having a valid will can also reduce the risk of conflict among the deceased’s surviving family member and prevent any delay in distribution.

 

Who can make a Will in Malaysia ?

 

Any person who is at least 18 years old (21 years in Sabah and Sarawak) and of sound mind can create a will.

 

However for a will to be legally valid, it must be signed in the presence of two witnesses who are not beneficiaries or spouses of beneficiaries.

 

What to include in a Will ?

📌   Date of will

📌   Name & NRIC of Testator

📌   Asset distribution (Immovable & Movable)

📌   Beneficiaries

📌   Appointment of executor

📌   Appointment of guardian for minor children

📌   Residuary estate clause

📌   Last will & revocation clause

📌   Debts, funeral & testamentary expenses

📌   Testator’s signature  

 

What are the common issues in a will that may cause complications for your loved ones?

  • Failure to update your will
  • Lack of clarity leading to disputes
  • Real estate tax may arise if the asset is located outside of Malaysia

 

How can we help you ?

 

✅   Provide legal & estate planning advice

✅   Tailor your will according to your specific wishes and intentions

✅   Ensure validity of will

 

Contact us to draft your will today!

What is a Will ?

 

A will outlines the intention and wishes of an individual (“testator”) in relation to distribution of his/her movable and immovable assets as well as other matters which may include guardianship, child custody etc after the death of the testator.

 

Why have a Will ?

 

It is a convenient and practical way to pre-plan one’s estate before their demise. By creating a will, it allows the testator to specify his/her beneficiaries and allocate the assets according to the wishes of the testator, appoint an executor to administer the estate, appoint a guardian for minor children etc.

 

If an individual dies without a will, his/her estate will be distributed according to the Distribution Act 1958. In other words, the distribution may not reflect the deceased’s wishes.

 

Having a valid will can also reduce the risk of conflict among the deceased’s surviving family member and prevent any delay in distribution.

 

Who can make a Will in Malaysia ?

 

Any person who is at least 18 years old (21 years in Sabah and Sarawak) and of sound mind can create a will.

 

However for a will to be legally valid, it must be signed in the presence of two witnesses who are not beneficiaries or spouses of beneficiaries.

 

What to include in a Will ?

📌   Date of will

📌   Name & NRIC of Testator

📌   Asset distribution (Immovable & Movable)

📌   Beneficiaries

📌   Appointment of executor

📌   Appointment of guardian for minor children

📌   Residuary estate clause

📌   Last will & revocation clause

📌   Debts, funeral & testamentary expenses

📌   Testator’s signature  

 

What are the common issues in a will that may cause complications for your loved ones?

  • Failure to update your will
  • Lack of clarity leading to disputes
  • Real estate tax may arise if the asset is located outside of Malaysia

 

How can we help you ?

 

✅   Provide legal & estate planning advice

✅   Tailor your will according to your specific wishes and intentions

✅   Ensure validity of will

 

Contact us to draft your will today!