what's the different between estate management fees & executor fees?
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Will writing (not lawyer but trustee)
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 Sep 20 2019, 04:10 PM
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#1
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Junior Member
59 posts Joined: Mar 2017 
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any sifu can help me take a look at the pricing attachment:
what's the different between estate management fees & executor fees? Attached thumbnail(s)
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Sep 23 2019, 04:46 PM
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#2
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Junior Member
59 posts Joined: Mar 2017
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QUOTE(Ewa Wa @ Sep 22 2019, 05:41 PM) Estate Management fees & executor fees referring the same fees where a trustee company is appointed to execute the will. This fees is based on the gross value of the assets. Eg ur total asset worth 5mil then 1mil is 1% and balance on 0.5% total to pay for is Rm30,000 based on the attachment calculation. thx for your explanation,  but the notes: estate management fees does not cover legal fees, disbursement for grant of probate application, transfer of deceased assets to beneficiaries, etc that's the part i confused and concerned, like there's many layer of fees as the process goes by. btw, u from rhb trustee? i may consider that as well if u still works with them. |
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Sep 24 2019, 03:52 PM
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#3
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Junior Member
59 posts Joined: Mar 2017
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QUOTE(yourinfohere @ Sep 23 2019, 05:40 PM) Hello, I think I unable have this PBTSB page info, would you mind upload "full page of this PBTSB will service fee", I hope can see the top(???) and bottom(Set up fee for Testamentary Trust:...) and where you get this PBTSB page? https://www.pbebank.com/PB-Trustee-Services...ces-Berhad.aspxThank you. QUOTE(leelazens @ Sep 23 2019, 04:46 PM) contact them, and they will send u much detail email. |
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Sep 24 2019, 03:59 PM
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#4
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Junior Member
59 posts Joined: Mar 2017
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QUOTE(Ewa Wa @ Sep 23 2019, 07:54 PM) I give a example for easy understanding:- what's the purpose of estate management if that do not cover transfer,Eg: 5mil of assets value The estate management fees is Rm30,000 on top of that you need to prepare another 50k for apply grant of probate (currently price is e.g 3-5k) and the transfer of property lawyer fees and etc. I’m still working with RHB trustee. i just wanna past my asset to my family if anything happen, should i just goes to lawyer? |
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