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 Have you written your WILL?

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Shinichi
post May 6 2008, 11:03 PM

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Hi all,

Stupid question to ask here. If I were to leave this world, what will happen to all the moneys in my bank accounts? Will my family members able to get my money

Thanks.
Shinichi
post May 6 2008, 11:22 PM

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QUOTE(Jean72 @ May 6 2008, 11:17 PM)
25% to your children; 25% to your parents, 50% to your partner. But it does take  a long time to process ...
*
Thanks. What if I'm not married and do not have any dependents? Will my parents or siblings able to claim it too?
Shinichi
post May 7 2008, 11:55 PM

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QUOTE(cuebiz @ May 7 2008, 09:32 AM)
100% goes to parents. Siblings don't get a single sen.

Anyway, it is advisable to write a will even if you are young cause life is full of uncertainties.
*
So writing a will makes things faster and easier right?

Then do we need to pay for will? How much usually?
Shinichi
post May 8 2008, 12:23 AM

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QUOTE(cuebiz @ May 8 2008, 12:08 AM)
Not much unless you got many things to write. It is based on clause.  Normally less than RM1K. Company like ARB sometimes have promotion of RM500 inclusive of the custody.
*
Wow, but for me paying 500-1000 for a will is a big amount. sweat.gif
Shinichi
post May 8 2008, 08:31 PM

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QUOTE(b00n @ May 8 2008, 01:43 AM)
It depends on how much assets you have or any dependent?
If you have no dependent, and only say RM1k in the bank; why a will unless someones depends on the RM1k for life. That's just my opinion.
*
Thanks for your reply. At least I now know roughly how much a will cost smile.gif

 

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