Why Wait?
The number of Malaysians making wills has soared following the recent airline tragedies. An estate planning firm here has reported a 40 per cent increase in new wills while public trustee AmanahRaya has received more requests from companies to hold talks for their employees on the importance of estate planning. “There is usually a surge (in new wills) whenever a (widely reported) tragedy occurs because it reminds people that life is fragile and it is better to be safe than sorry,” Rockwills Trustee Bhd senior general manager Azhar Iskandar Hew said. read more
Most people understand that having some sort of an estate plan is, as Martha Stewart would say, a “good thing.” However, many of us don’t take the steps to get that estate plan in place because we don’t understand the nuances between wills and trusts – and dying without either.