What is estate planning?
Estate planning is the process of organizing your assets and property to ensure they are distributed according to your wishes after death. It includes creating wills, establishing trusts, and documenting your asset distribution preferences.
What are faraid principles?
Faraid are the Islamic rules of inheritance as prescribed in the Quran. They determine how a deceased Muslim’s estate is distributed among heirs based on specific percentages and relationships.
Do I need a trust fund?
A trust fund can be beneficial for wealth management and asset protection. Whether you need one depends on your financial situation, family circumstances, and long-term goals. Our specialists can assess your needs.
How do I prepare a valid will in Malaysia?
A valid will in Malaysia must be in writing, signed by you, and witnessed by at least two competent witnesses. We guide you through the entire process to ensure your will meets all legal requirements.
What’s the difference between Islamic and civil law estate distribution?
Islamic law (faraid) applies to Muslim estate distribution with fixed percentages for heirs, while civil law provides more flexibility. Many Malaysian estates involve both systems depending on the beneficiaries and asset types.
How long does estate planning take?
The timeline depends on your situation’s complexity. Simple wills may take weeks, while comprehensive estate plans with multiple assets and trusts may take several months. We work at your pace.