KUALA LUMPUR: The absence of proper succession planning in a public listed company (PLC), in the event of a major shareholder’s death, can lead to adverse consequences
While all estate planning is important, it takes on greater significance when you have a child with special needs.
Generally, the testators have the discretion to distribute their assets in the way as they wish. However, without proper considerations, it may lead to family disputes because the children who receive a smaller share than what they expecting or worse, nothing will feel aggrieved with the unfair Will. As such, it is important to leave […]
As people and situation change constantly, it is crucial for us to review our Wills regularly to ensure our wishes are properly reflected and updated. This is vital as an outdated Will may sometimes cause more harm. As such, we would like to invite you to check if any of the following events has […]
Appointing the right executor in the Will is as important as leaving a valid Will after someone has passed on. Executor’s Duties The responsibilities of the executors may differ due to several factors such as the size and value of the deceaseds’ assets, the beneficiaries’ age and the distribution process. Generally, the duties of an […]
Nowadays, many have started to realise the importance of a Will. However, their fear of the cost has stopped them to seek help from a professional. As a result, many have opted to write a Will on their own. While a DIY Will seems to be a far faster and cheaper alternative, only those who […]
Grandma Tan was a picture of hopelessness and remorse as she sat slumped on the chair, staring blankly into space. If only she could turn back the clock, thought the frail old lady, clutching her plastic bag of receipts which represented her only hope to show proof that she had dutifully serviced the housing loan […]