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 Passing on your property to the next gen.

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naqib0307
post Mar 21 2019, 08:45 AM

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What Ive learnt from my grandmother and ppl around me.

She got 5 son and 1 daughter. So for each of her children will get a plot of land min 1/2 acres each at different places. She said it is easier this way than giving one plot of land lets say an acre sharing with 6 ppl because what happened to the 1 acre land beside our home.

Originally (next door land),
The Father own the land. Die, then split among the children. But that time, they havent sell it off yet. Then one of the children die. Then it split again for his part lets say originally he gets 1/4. The 1/4 splits to his children. Then what happen now is, this one acre of land is sharing with 11 names and one of them that I know is an old man that we dont know how long more he will still be here. It is hard to sell off. We have asked a few times from the owner to sell it to us for us to expand our home. Some ok, some not ok. Need consent from all of the names. Till now that plot of land just become hutan. If one of the children die, then same cycle will happen --> split among his children and make it more complicated to sell off.

The conclusion is, you decide to give which prop to which child. Easier. If money okay la can split %.
naqib0307
post Mar 21 2019, 10:11 AM

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QUOTE(chesterst @ Mar 21 2019, 09:56 AM)
Generally, Malays like to pass siap2 before they see God to prevent squabbles over the properties.

My late grandfather had 9 children from 3 different wives. His properties were held in companies created to own the individual properties. When he passed each child gets share in the company that holds the property assigned to the child. Muslims have limitation to assign only 1/3 of total assets at own discretion. The rest have to follow Faraid.
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what I dont like about faraid is abit unfair. Because the mother has the right to certain % of the wealth. Some cases the mother is already very old and the son but son die first. You see as an example the late JJ's mother claiming faraid for his wealth. Who do you think is behind all the claiming. Sometimes i do feel that the other siblings which do not have the right to the wealth of their brother is doing all this stuffs. Asking the mother to claim faraid. Which eventually when the mother passes, they will inherit the wealth. I do not know how faraid fully works. But it is not good if this claiming stuffs will tear the family apart when lets say the father bought each one of their children a house with joint name, so when the father passes, if the grandmother claim faraid, from what i have read before, if he dont want to sell the property and split the money, he have to pay the % of the father's portion to the grandmother.

 

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