The Importance of having a Written Will

We can’t bring along our belongings to the after-world, hence it’s important to have a Will written to protect our loved ones.

From my personal experience, I lost my beloved father at the age of 20 when I had just graduated from my Diploma studies.

My late father didn’t have a Will, so his estate administration was classified as intestate.

Therefore, I need to handle his frozen bank accounts & other moveable assets through our Government Trustee known as Amanah Raya Berhad. The process was a hassle but we finally got it done according to the estate distribution law.

Since it’s intestate (

No Will written) the disposition of assets is not following my dad’s wishes. Luckily we are a small and simple family and my dad didn’t have a complicated estate.

However it may not apply to everyone, I have come across many complicated estate distributions that involved disputes among the beneficiaries and the estate isn’t resolved for a few decades or more.

So, how should a person prevent this from happening?

The answer is very simple.

Get your personalized Will done.

This is like how we assist our Mutual Gold client Ms. L in the picture below to get her free Will done with Public Bank Trustee Bhd.

One of the most important benefits that is given to our Mutual Gold Investors is the Free Will/Wasiat Writing Services.

First of all, let us understand what is a Will.

Will and Wasiat are legally effective documents that help to smoothen the process of estate administration and distribution upon the demise/passing away of an individual.

You can appoint your own choice of executors, trustees, and guardians in your will.

It also helps individuals save up more time and reduce the cost that is incurred.

Getting a Will-written accelerates the process of obtaining the Grant of Probate (GP) which accelerates the process of handing over the assets to the beneficiaries.

Often, the whole process of transferring will just take a few months to complete.

Imagine if a person dies without a Will, the process of getting the Letter of Administration (LA) to transfer the assets might take up to years depending on the size and complication of the assets.

Can your family members wait for such a long process especially if you are the only breadwinner for the family?

With the Will written, you can have peace of mind as you can spell out your wishes clearly so that the lives of your loved ones are not disturbed or fall into disputes and difficulties.

So, what to wait?

Engage a professional to have your Will written. You can find a reliable Lawyer or Estate Planner to do it and even better if you can become our Mutual Gold (VIP) Investor and get the free Will customisely written for yourself.

We have helped many of our clients to set up their personalized Will, so let us know if you wish to know more about how to entitle as our Mutual Gold members and get your Will done today.