How much would be minimum to invest a property?

When you die, all your holdings in asnb will be transferred to your kids in cash. By paying them rm190 (current price) + extra charges you get to transfer your holdings in unit form instead of cash.

In my opinion not worth it as
(i) we won't be sure how amanah saham return is in the future
(ii) your kid will be charged a few % commission when the transfer is done
(iii) if I am not mistaken, there's a yearly fees

Without this, it will take  2 years for your kids to get cash.

Oh ya, the time is also another one. With will, one get the money slower, with this pengisytiharan amanah, one get the money faster. Thanks for pointing out about the annual fees. For me the annual fees + the transfer charge is a turn off. If one time payment of say RM100, I won't mind asking my parents to go for it. But since there is annual fees + the transfer charge, I told my parents don't need to waste money.

Not really. If I am not mistaken, The pengisytiharan does it in 21 days. But with a will just a few months (2 months?). There was a discussion about this in one of the old threads.

What would be a good proportion to diversify to UT compared to FP?

(i) How many years you want to pay yearly fees? 20-30 years? What happen if in between ASX FP change to VP/not performing/inflation in Malaysia creep up until = return given by ASX FP? If anything happen, can cabut anytime I like.
(ii) One time fees + that yearly fees still can stomach. But not the % amount charged (parents words - not mine)
(iii) True. But look at the % charged.

V think there is enuf time to live but v nvr know which moment is the last
If u think will is not important as part of wealth mgmt, then just forget it

V think there is enuf time to live but v nvr know which moment is the last
If u think will is not important as part of wealth mgmt, then just forget it

With PA, one can bypass lawyer and claim direct to ASNB with all the required documents, right?

V think there is enuf time to live but v nvr know which moment is the last
If u think will is not important as part of wealth mgmt, then just forget it

Yes as time is of essence especially kids or elderly who is dependent on cash flow for daily expenses

Will is very important. But, the execution part is very tricky. Beneficial may have option of skipping some unnecessary fat bills. This is the feeling I have after speaking with a few will advisers.

Thanks. I was mulling about doing PA last May as I already have a personal will.
The advantage of transfer of ASNB units are the BIGGEST highlight for me.
$10/yr is very minimal maintenance fees cost for a peaceful mind esp after I've invested so much time 'gathering' precious units.
Now my lawyer can 'claim' less % on my other assets as this PA will handle my ASNB units faster and I've read, cheaper too.

Will is very important. But, the execution part is very tricky. Beneficial may have option of skipping some unnecessary fat bills. This is the feeling I have after speaking with a few will advisers.

Mind to share the details of 'unnecessary fat bills'?

I wonder how about those without wills/ PA? How can/ how long before the next of kin claims back from ASNB.

All 3 ASX FP

I don't think there is a new form...for those who has been topping these few months lol

I was able to top up ASW.
Ehem.

Ehem.