Wednesday, August 17, 2011

Estate Administration


There are many matters to be settled by your executor before distribution. This include :
  • collecting all immovable and movable assets [including bank accounts, vehicles, shares in companies, unit trusts, house etc];
  • settling the debts of the deceased [including income tax and loans];
  • applying for grant of probate and submission of the relevant documents to the High Court;
  • dealing with government authorities and financial institutions.
Understandably, you may want to appoint someone close to you as the executor. Selecting an individual to manage your estate may do more harm than good, apart from the risk of loss from misuse or mismanagement. The executor will be required to deal with various tedious and time consuming legal matters beginning with the application for probate, attending court hearings, preparing reports, etc. until the distribution according to the instructions in the will. The process can get very complicated. And, can you trust this person with everything you have and will he/she be always there for your beneficiaries?

As a trustee company, Rockwills Trustee Berhad have the experience, the expertise, the impartiality and the checks and balances that will make the estate distribution a smooth process for your loved ones. Why?
  • Legal Knowledge of various legal issues
  • Professionalism, Expertise and Experience
  • Perpetuity and Continuity in administering the estate
  • Time to manage and administer the entire estate
  • Impartiality and Security
  • Trustworthiness and Accountability
  • Professional management skills
  • Professional indemnity

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