There's should be some law in Malaysia on inheritance. or some procedures like EPF...

I mean follow like EPF style...
Those nominated get their part. No headache... straight forward....

Need to get high courthouse letters... LOA something... then only can proceed with next steps...

to get the probate letter takes 1-2 months... it's not instant. at least 1 trip to high court in Putrajaya. waiting time.

born rich.... how I lost that lottery... haha. never had any chance at all.

don;'t know why the super rich don't pass like half of their wealth to their next gen... but die die also hold on to the full wealth until death. Then again, they deploy holding company and trust for their estate management.

Basically the probate is Verification of the will by the High Court only.

To me it wastes money on
1. Lawyers
2. High court judge time
3. Beneficiary time

Yup..EPF has bigger overseas equity exposure than in KLSE.

This is just we thinking what is good for us only but not overall as a nation... if interest rates go up.. it is not about property only... many businesses will suffer... go kaput as well.. our labour will become expensive to foreign companies and our exports also can be more expensive...

End of the day... the scenario that you wish... probably may end up worse overall for everyone in Malaysia... i think it is a balancing act and personally I don't really understand how all these work and connected to each other... without data... (eg.. how many loans koyak if interest rate up etc)... hard to see the overall picture...

I reckon inflation is really high and we have a fake inflation number which doesn't help in adjusting the current situation

Property is already bad in such low interest rate. Imagine if it goes higher 💀

not really... i still see some new hires in my company...with about 2-3 years experience, they manage to buy condo...not big landed house la...which i am pretty much impress and admire them also still being able to buy at this time now... not bad...
i'm not talking about 1...but a few...maybe 4-5 of them all manage to buy property...

It will always be lower no matter how 🤦‍♀️ because they got to pay Shariah advisor fees to advise them on permissible halal options of investing in the 1st place coupled with narrow options of selection for Shariah investing

delay delay delay...

that's why I suspect... something is wrong. they double triple checking all the application. cross check with every agencies... making sure only those really really qualified & needed gets the rm300... not anyone in street @ jobless for few months....
but others says gov no money... so needed to wait them... that's why delay...

so basically...

2 major speculative reason to consider....

I have been always wondering what does it mean to be "Self-employed individuals"?

completely not working at all vs working as a hourly wage worker or grab driver.... do all 3 types here qualify for the 300rm?

https://www.winrayland.com/2023/10/kwsp-i-saraan.html
Come on, everybody makes noise so that they get the message.

but after 55, self contribution go to akaun emas right? if yes then whatever you self contribute also will stuck in akaun emas..... though u should have surplus in akaun 55 and if emergency want to use the 100k still can literally withdraw it from akaun 55....

luxury tax coming... someone says...

...time to adjust retirement inflation forecast...

well...

PTPTN / SSPN already done dusted.... no more incentive as news going on...    

this i-saraan thingy.... it's now like 50/50 only...

later of the month, we shall know got or not for next year 

A suggestion for Boustead Plantation to borrow from EPF. Am sure they will not be able to service the borrowings n may request for a write off.
https://www.klsescreener.com/v2/news/view/1212643

Any idea third quarter results for kwsp will be good ?

Above 15b ??

Is there a minimum age to register as an EPF member?

To me it is not a good idea to keep money in children epf which is locked for many years in a depreciating MYR.

Yeah OZ groceries r cheap that is if one always cook at home but if working n eating out most of time, the cost could be high.
Most young MYsian dont like cooking, may be your daughter is different.