top of page
Search

The Importance of Having a Will in Malaysia: Protecting Your Loved Ones

  • Writer: Partheeban Adaikalam
    Partheeban Adaikalam
  • Sep 2, 2024
  • 2 min read

Updated: Mar 24


ree

A will is a vital document that outlines how your assets—such as property, money, and personal belongings—should be distributed after you pass away. Despite its importance, many people in Malaysia do not have a will, which can lead to complications for their families. Here’s why having a will is essential and how to create one in Malaysia.

What is a Will?

A will is a legal document that specifies who will receive your assets after your death. It also allows you to appoint an executor to manage your estate and, if you have minor children, name a guardian for their care.

Why You Need a Will in Malaysia

  1. Control Over Your Assets

    • Without a will, your assets will be distributed according to Malaysia’s Distribution Act 1958, which may not reflect your wishes. A will ensures that your assets go to the people or causes you care about.

  2. Avoid Family Disputes

    • A clear will reduces the risk of family disputes over your estate, helping to prevent legal battles that can strain relationships.

  3. Appoint a Trusted Executor

    • You can choose someone you trust to manage your estate, ensuring that your wishes are carried out properly.

  4. Protect Minor Children

    • If you have children under 18, a will allows you to appoint a guardian, ensuring they are cared for by someone you trust.

  5. Simplify Legal Procedures

    • A will makes the probate process faster and less complicated, easing the burden on your loved ones during a difficult time.

  6. Leave Charitable Gifts

    • If you want to donate part of your estate to charity, a will lets you specify exactly how much and to which organizations.

Legal Requirements for a Will in Malaysia

For a will to be valid in Malaysia:

  • Age and Mental Capacity: You must be at least 18 years old and understand the nature of the will.

  • Written and Signed: The will must be written and signed by you in the presence of two witnesses who are not beneficiaries.

  • Witnesses: The witnesses must also sign the will in your presence.


Steps to Create a Will

  1. List Your Assets

    • Start by listing all your assets, including property, bank accounts, and personal items.

  2. Choose Beneficiaries

    • Decide who should inherit your assets.

  3. Appoint an Executor

    • Select a trusted person to manage your estate.

  4. Nominate a Guardian

    • If you have minor children, choose a guardian.

  5. Consult a Lawyer

    • A lawyer can help ensure your will is legally sound.

  6. Sign and Store Safely

    • Sign your will in the presence of witnesses and keep it in a safe place.

Update Your Will Regularly

Review your will after major life events like marriage, the birth of a child, or significant changes in your assets.

Having a will in Malaysia is essential for ensuring that your wishes are honored and your loved ones are taken care of. It helps prevent disputes, simplifies legal procedures, and allows you to make meaningful contributions to charity. Creating a will gives you peace of mind, knowing your affairs are in order.


For expert advice and to get started, call us at:

Office: 06-6012272

Partheeban (Direct): 012-6021374


Or visit us at one of our offices:

Main Office: No.6 (1st Floor), Jalan S2 D38, Magistrate Square, 70300, Seremban, Negeri Sembilan​.


Branch Office: No.14B Jalan Kenari 5, Bandar Puchong Jaya, 47100, Puchong Jaya, Selangor Darul Ehsan.

 
 
 

Recent Posts

See All

Comments


© 2024 by A. Partheeban & CO

bottom of page