Rockwills Servicessuccession is a fruit tree
Are you aware 90% eligible Malaysians do not have a Will?
Are you one of them?
Upon a person’s demise, all his/her assets will be frozen. This means that loved ones will not have a legal rights and / or the authority to use or access the frozen assets. To unlock it, there is a legal estate administration process to follow.
With a Valid Will
The Main Executor appointed in the Will has to engage a lawyer to apply for the Grant of Probate at the High Court. Once the Grant of Probate is obtained, the Executor has the authority to administer the deceased’s estate, to collect the deceased’s assets, paying off the debts and liabilities and distribute the estate according to the Will.
Without a Valid Will
In the case of the deceased dies without a Valid Will, the lawful beneficiaries of the deceased under the Distribution Act 1958 (As amended in 1997) will appoint one or two administrator(s) by way of renunciation of their rights to be an administer. The administrator(s) will apply for the Letters of Administration to administer the estate and distribute it according to the manner in the section 6 of the Distribution Act 1958 (As amended in 1997).
Rockwills provide a complete range of estate planning and administration services as follows:
Rockwills Services
- Will Writing Services
- Will Custody Services (drafted by Rockwills and others)
- Appointment of Rockwills Trustee Berhad as Corporate Executor and/or
- Trustee in a Will
- Living Trust
- Declaration of Trust
- Insurance Trust
- Business Succession Family Trust
- Private Foundation
- Buy-Sell Agreements
Rockwills Services
Declaration of Trust
Declaration of Trust is a simple, flexible and powerful instrument that providing for your beneficiaries and securing their financial well-being.
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Will Writing
A Rockwills Estate Planner can take your instructions to write your Will in the privacy of your office or the comfort of your home at your convenience.
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Will Custody
A Will is the best way to ensure that your instructions are carried out for your love ones when you are no longer around.
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Insurance Trust
Are your loved ones completely protected when you nominate them as beneficiaries in your insurance policies? Is that actually enough?
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Business Value Protection Trust (UBiz)
A well-constructed plan is essential to protect the value of the business in the event there is a major disruption in the business due to a co-owner’s death…
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Family Business Succession Trust
The Rockwills Trustee’s Family Business Succession Trust creates a structure for the continuation of the family business with or without the involvement of…
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Estate Administration Services Package
UPrepare is an Estate Administration Services Package offered by Rockwills Trustee Berhad to save estate administration cost and speed up…
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Single Parent Trust
By setting up a Single Parent Trust, it can give you peace of mind knowing that when you are not able to provide financial security to your children, the trust will do so.
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Trustee for Charitable Trusts
Create a Charitable Trust or a Foundation (depending on your objectives) with Rockwills Trustee Berhad where we provide the answers to the above concerns by…
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U-Nominate
UNominate is a simple appointment of Rockwills Trustee Berhad as Trustee for trust insurance policy when a Policy Owner agrees to the appointment of Rockwills…
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