What is Private Trust ?
Enjoy the video … Evanna sends out Video on Private Trust (English Version), explaining purpose of setting up a Trust. Forget about those LONG explanation, LONG reading materials, LONG lectures about...
View ArticleClik here to view.
How to Use a Will to Protect Your Loved Ones and Asset
Despite all the complicated explanations and financial products out there in the market, my sharing is normally short and sweet so that everyone (even if you are not a financial savvy person) will...
View ArticleClik here to view.
How to Use a Private Trust to Protect Your Loved Ones and Asset
In this issue’s topic, we will be talking about Private Trust. We will learn about what is the difference between Will and Trust; if you have a Will, do you still need to set up a Trust? We will also...
View ArticleClik here to view.
Insurance Trust – Understand This before purchasing any Insurance Policy
How to ensure that although you’re comatose or TPD, you’re still well taken care of by the insurance proceeds that you bought initially ? How to ensure that the children are protected in case both...
View ArticleClik here to view.
Importance of Buy-Sell Agreement for Partnership Business (Part #1)
Entering a Business without thinking about the proper Exit Planning will cause a lot of problem. Business interested inherited by heirs might not be the best choice, it is because the heirs might not...
View ArticleClik here to view.
What’s the Most Common Concern of High Net Worth Individuals?
During a webinar I hosted featuring Evanna Phoon and Chris Foong (Senior Manager of Rockwills Advisory Services), I asked the question: “According to Foong’s past experience dealing with over 40+...
View ArticleClik here to view.
Highlighting Problems with current existing Business Exit Agreement.
In order to have a proper Business Exit Agreement or sometimes called business continuation agreement, it is very important that the agreement is properly drafted dealing with the important issues,...
View ArticleClik here to view.
The Problems with Current Business Exit Agreements
In this issue, we’ll explore two more examples on business exit plans or business succession plans executed by business owners that are done wrongly & defective in some ways. Problems with some...
View ArticleClik here to view.
How to Set Up a Charity Foundation in Malaysia
What is the difference between forming a charitable trust under a living trust compared to forming a foundation under the Trustee Act 1952? The senior General Manager from Rockwills, Mr. Azhar Iskandar...
View ArticleClik here to view.
Why do you need to Setup a Trust? Isn’t a WILL enough?
As we discussed in the last issue on the difference between will and trust? Will is mainly for distribution and trust the main objective is for preservation of assets. Imagine that you have spent your...
View ArticleClik here to view.
Cross-Option Agreement: Business Exit Solution for All Shareholders
A Cross Option Agreement is also known as a “wait-and-see” Agreement or Double Option Agreement. It is considered as “wait-and-see” because it may be difficult to decide in advance what action is to be...
View ArticleThe Advantages of Setting Up a Business Value Protection Trust
For business formed under partnership or with multiple shareholders, many owners never think of the exit plan. What if a director passed away? What if a partner wants to withdraw? What if a...
View ArticleClik here to view.
Introduction to Setting Up a Labuan Trust
Before 2010, there were some restrictions in using Labuan foundations as wealth planning jurisdiction. Today, those restrictions have been removed. Malaysian can set up Labuan Foundations and Malaysian...
View ArticleClik here to view.
Key Concerns of Family Owned SMEs in Malaysia
Family Businesses are very complicated and they are a few key concerns among them when passing on their wealth to the next generation or generations to come. One key concern is on their asset...
View ArticleClik here to view.
What is a Wasiat (Islamic Will)?
What is Wasiat? Puan Jasmin Jamaluddin (General Manager as-Salihin Trustee Bhd) explained about the Wasiat or Islamic Will in this video: Wasiat is a declaration of a person made during his lifetime in...
View ArticleClik here to view.
The Real Issues on Distributing Assets of a Deceased Muslim
What happen to the asset of a Muslim when he/she passed away? Is it simply distributed, smoothly, according to Faraid Law? It is in fact not that simple at all. Mr. Mohd Zulkifli bin Ismail, Deputy...
View ArticleWill Writing for Beginners
OK, so why should you write a will in the first place? Why do you need a Will? There are a number of reasons. Firstly, you need to prepare for contingencies. Life is not certain. In the event of an...
View ArticleClik here to view.
How To Find Your Best Real Estate Agent?
Planning to buy or sell a home? You’re just going to make one of the most important and biggest financial transactions of your life and you definitely do not want to go through the entire process...
View ArticleClik here to view.
How Can You Benefit From Comparing Transacted Sub-Sale Properties Prices?
We recently interviewed, P.Premendran Managing Director at Brickz. If you have not known before, Brickz’s mission is to make transacted sub-sale property prices in Malaysia transparent to help home...
View ArticleClik here to view.
Key Concerns of Family Owned SMEs in Malaysia
Family Businesses are very complicated and they are a few key concerns among them when passing on their wealth to the next generation or generations to come. One key concern is on their asset...
View Article