How To Execute A Will In Malaysia

Appoint an executor or trustee by law you can appoint an adult that is 18 years or older to act as your executor or trustee.

How to execute a will in malaysia. A diy will costs the least in initial ringgit outlay it s free but it does have its. Choose your trustee and executor to administer your estate. You can appoint one to four executors to administer your estate. 4 the value of your assets might depreciate while waiting for your will to be executed.

With a will the process would be much faster but it would still take at least 3 months for the executor to obtain a grant of probate a court permission to allow the executor to execute the will and execute the contents of the will. To write a valid will in malaysia you need to be at least 18 years old and above for peninsular west malaysia and sarawak. 21 years old and above for sabah your will needs to be in writing you must have a testamentary capacity clear and sound mind to write a will and there must be 2 or more witnesses of your will. If a person dies without making a will or if his will is invalid the person would have died intestate and distribution of his her property will be distributed according to the distribution act 1958.

Set up a testamentary trust for your minor children heirs with special needs or charities. Having a will enables you to. If a will was made abroad the executor will have to apply for a re seal of grant of probate in the high court of malaysia. Choose your beneficiaries and how your assets are to be distributed.

Alternatively a trust company may be appointed to act as the executor. How to execute a will in malaysia. Succession law succession law in malaysia probate law in malaysia probate and estate administration in malaysia probate and administration act 1959 will writing wills in malaysia distribution act 1958 small estate small estate distribution act 1955 amanahraya berhad public trust corporation act 1995.