Estate Planning Guide for Malaysian Families

Estate planning is the process of arranging how your assets (property, savings, investments, EPF) will be managed and distributed after your death or if you become incapacitated. For non-Muslim Malaysians, proper estate planning ensures that your wealth is transferred according to your wishes, not according to the default rules of the Distribution Act 1958.

• Protects your family from financial hardship
• Ensures your assets go to intended beneficiaries
• Minimizes legal complications and taxes
• Provides for minor children through guardianship
• Avoids lengthy probate court processes

In Malaysia, without a valid will, your estate is distributed according to the Distribution Act 1958. This default distribution may not align with your wishes and can lead to family disputes, asset freezing, and unnecessary tax burdens.

• 73% of Malaysians die without a will
• Probate can take 2-7 years without proper planning
• Spouses only receive 50% under intestate succession
• Courts appoint guardians for minor children
• Legal fees can cost RM 15,000-50,000+

A comprehensive estate plan includes several important documents and arrangements:

• Will: Legal document specifying asset distribution
• Trusts: For asset protection and avoiding probate
• Lasting Power of Attorney (LPA): For financial decisions if incapacitated
• EPF/Insurance Nominations: Ensuring beneficiary designations are current
• Guardianship Appointments: For minor children
• Business Succession Planning: For business owners

Our streamlined process makes estate planning efficient and stress-free:

• Assessment: Complete our online assessment (1 hour)
• Consultation: One meeting with our experts
• Document Drafting: We prepare all legal documents
• Review & Signing: You review and sign with guidance
• Storage & Registration: Secure digital and physical storage
• Regular Reviews: We help keep your plan current