Knowledge comes from learning. Wisdom comes from living.
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VIDEO-WITNESSING OF A WILL IN A NEW NORM: DAWN OF A NEW ERA (PART 3)
Since March 2020, the Covid-19 pandemic has resulted in a series of lockdowns affecting businesses including law firms across Malaysia and has undoubtedly changed the way we live. The need to socially distance and an ever-changing number of restrictions has created new challenges for us, especially with respect to the signing of wills where the presence of a witness is required.
DO IT YOURSELF (DIY) – IS IT WORTH THE RISK?
Making a DIY Will is allowed under the Wills Act 1959 and it couldn’t be any easier – a template can be found online for no price at all. But with anything free or cheap, it doesn’t always mean that you should. Though it is a cheap option rather than paying a few hundreds or thousands of dollars, a simple mistake can lead to your estate and beneficiaries paying a much higher price.
ADOPTION AND INHERITANCE
According to Orphan Care Malaysia, Malaysia is home to around 64 thousand orphaned children. Adoption can provide a congenial home to these children. With adoption, there are a number of issues that can be worrying, one of which includes the adopted child’s rights to inheritance.
A WILL DOES NOT SUPERSEDE EPF LIST OF NOMINEES
The Employees’ Provident Fund (EPF) is widely known amongst workers as the largest retirement fund which serves its purpose as a social security organisation for private sectors that provide retirement benefits.
REVOCATION OF GRANT OF PROBATE AND LETTERS OF ADMINISTRATION IN MALAYSIA
When a person dies, all his assets must be properly managed regardless of whether he dies testate or intestate.
THE USE OF E-SIGNATURE IN CREATION OF WILLS AND CODICILS: DAWN OF A NEW ERA (PART 2)
In our previous article “Digital Will Writing – Dawn of A New Era”, we touched on the validity of writing a will digitally and whether it fulfills the requirement under Section 5 of the Wills Act 1959 (Act 346) (“the Wills Act”). In this article, we will be looking at the second requirement of the will and whether e-signature for will writing should be allowed by the law of Malaysia.
