Rockwills BATU PAHAT

Rockwills BATU PAHAT Will & Trust Specialist in Malaysia Free Home Visits & Consultation

Rockwills BATU PAHAT   WT AgencyWHY SET UP A TRUST What is a Trust? A Trust is an estate planning instrument for an Indi...
09/05/2016

Rockwills BATU PAHAT WT Agency
WHY SET UP A TRUST

What is a Trust?
A Trust is an estate planning instrument for an Individual to ensure that the total protection of asset(s) is preserved for the Beneficiaries while in the safe hands of the Trustee. There are three parties involved in a Trust.
1. The settlor – person who sets up the Trust.
2. The Trustee – the person (corporation) who manage the Trust assets, and
3. The beneficiary – the person who receives benefits from the Trust.

Rockwills BATU PAHAT WT Agency Rockwills MUARWHAT IS AN EXECUTOR An Executor is the person or trust corporation you choo...
09/05/2016

Rockwills BATU PAHAT WT Agency Rockwills MUAR

WHAT IS AN EXECUTOR

An Executor is the person or trust corporation you choose to carry out the terms of your Will. The Executor is responsible for the entire administration of an estate until the final distribution of the assets is made to the beneficiaries. What are the duties of an Executor?

(a) Locate a Will;
(b) Make funeral arrangement;
(c) Apply by petition for Grant of Probate;
(d) Assemble, protect and insure all assets;
(e) Pay for the debts and liabilities;
(f) Pay income taxes;
(g) Prepare and complete detailed accounting; and
(h) Distribute assets of the estate according to the Will

Rockwills BATU PAHAT WT AgencyTHE DISTRIBUTION ACT 1958 (AS AMENDED IN 1997)      When a person pass away without a Will...
09/05/2016

Rockwills BATU PAHAT WT Agency

THE DISTRIBUTION ACT 1958 (AS AMENDED IN 1997)

When a person pass away without a Will, after all the debts are paid the administrator must distribute the remainder of his estate according to the section 6 of the Distribution Act 1958 (As amended in 1997) to lawful beneficiaries. Section 6 of the Distribution Act 1958 (As amended in 1997) provides the following:

1. Spouse only alive (without parents or issue) – whole estate to surviving spouse

2. Issue only alive (without spouse or parents) – whole estate to issue equally

3. Parents only alive (without spouse or issue) – whole estate to parents

4. Spouse and issue alive (without parents) – spouse – 1/3 & issue – 2/3

5. Spouse, issue and parents alive – spouse – 1/4, issue – 1/2 & parents – 1/4

6. Spouse and parents alive (without issue) – spouse – 1/2 & parents – 1/2

7. Issue and parents alive (without spouse) – issue – 2/3 & parents – 1/3

Rockwills BATU PAHAT WT AgencyWHY MOST PEOPLE DO NOT HAVE A WILL Ignorance Many people are unsure of the function of the...
09/05/2016

Rockwills BATU PAHAT WT Agency
WHY MOST PEOPLE DO NOT HAVE A WILL

Ignorance Many people are unsure of the function of the Will and the importance of having one to protect the future of their loved ones.

Rockwills BATU PAHAT WT AgencyIf you passed on without a valid Will, this will happen to ……. Your family Your spouse and...
09/05/2016

Rockwills BATU PAHAT WT Agency

If you passed on without a valid Will, this will happen to …….

Your family Your spouse and children will have cash flow problems as your will be .

Your children’s welfare may not be taken care of by the right person. Your assets will be distributed according to the Distribution Act 1958 (As amended in 1997) Your partners, stepchildren or aged relatives Certain “special” people (like cohabiting partner, stepchildren or a relative who brought you up) are not recognized as beneficiaries under the Distribution Act 1958. As such, the interests of this “special” people are not protected.

Rockwills BATU PAHAT WT Agency A   is a declaration by a   (the person who make the Will), in prescribed form of the int...
09/05/2016

Rockwills BATU PAHAT WT Agency

A is a declaration by a (the person who make the Will), in prescribed form of the intention of the person making it of the matters which he or she wishes to take effect upon his or her death, until which time it is revocable. In short, it is a person’s last instructions.

06/05/2016

【本報綜合報道】內地器官移植病例年年攀升,惟自願捐出器官的人數甚少,導致黑市器官有價有市。對於黑市器官的來源,有傳部分是從手術中獲得,而內地過往亦確有多宗病人於術後內臟離奇消失,部分更因此鬧上法庭。

06/05/2016

【本報綜合報道】器官於手術中被摘早已是內地網民熱討話題之一,是次劉永偉的遭遇就再一次掀起網民對「醫生盜腎」的討論。部分網民更認為器官買賣有價有市,其中以腎臟需求最大,「只是丟了個腎,就算走運了」。

06/05/2016

【本報綜合報道】劉永偉右腎離奇消失一事在內地曝光後,引起軒然大波。對此,涉事的徐州醫學院附屬醫院昨發表聲明,不點名指劉散布不實言論,對該院的聲譽造成不良影響,其後發放手術後X光片,指當時劉永偉右腎仍在。惟聲明中並未提及胸腔手術,亦沒對劉永偉右腎消失原因作任何交代。

06/05/2016

內地近年多次傳出有病人於醫院接受正規手術後,器官離奇消失事件,惟大部分案例在醫院推卸責任後,最終不了了之。安徽省宿州市男子劉永偉,去年在江蘇省徐州市一間三甲級醫院進行胸腔手術後,右腎不翼而飛,懷疑被盜摘。劉苦尋真相逾半年,即使向相關部門求助,但都只得到意圖推卸責任的回應,涉事醫生更離譜地提出「右腎萎縮不見」的答案。涉事醫院又發表一篇聲明,指是劉散布不實言論,但並未交代劉永偉右腎消失的原因。

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Kampong Batu Pahat
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