What would be a typical price for having a Malaysian will drawn up by a well-established, trustworthy solicitor? Nothing complicated about it - no trusts or anything like that, only covering local assets.
Cost of making a Will
Cost of making a Will
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May 23 2024, 04:12 PM, updated 2y ago
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#1
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664 posts Joined: Nov 2016 |
What would be a typical price for having a Malaysian will drawn up by a well-established, trustworthy solicitor? Nothing complicated about it - no trusts or anything like that, only covering local assets.
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May 23 2024, 04:27 PM
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#2
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2,506 posts Joined: Apr 2020 |
5rm to 4-5 digit , totally depends on what u want actually .
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May 23 2024, 05:05 PM
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#3
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614 posts Joined: Nov 2008 |
https://www.propertyguru.com.my/property-gu...wills-act-17284 If simple one where only 1 benefactor, can DIY dudester liked this post
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May 23 2024, 05:12 PM
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#4
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664 posts Joined: Nov 2016 |
QUOTE(thirumaran @ May 23 2024, 05:05 PM) https://www.propertyguru.com.my/property-gu...wills-act-17284 Useful link, thanks. But my will will have more than one beneficiary.If simple one where only 1 benefactor, can DIY |
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May 23 2024, 05:34 PM
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#5
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May 23 2024, 06:23 PM
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#6
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600 posts Joined: Jan 2022 |
Simple will, can be done free. Just follow the format. But make sure need 2 witness that are not beneficiary. It's still a valid will. But if you have lots of assets and complicated beneficiaries, better pay a lawyer to minimise complications in case later someone challenges the will. SYAMiLLiON and tertiary liked this post
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May 23 2024, 08:11 PM
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#7
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3,580 posts Joined: Oct 2007 From: everywhere in sabah |
u can even ask a retired lawyer friend(if u have one) to do it for you
some retired lawyer do this as side business the whole thing about will is that is only makes the process a little easier and faster, it doesn't really change much of the process and it's fees at the end |
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May 23 2024, 08:15 PM
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#8
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882 posts Joined: Nov 2004 |
Goes by the number clauses. Typical about RM500 to 4-figures.
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May 23 2024, 08:19 PM
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#9
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925 posts Joined: Jul 2005 |
dont go for big ones... just go to some mama papa lawyer firm will do... they are much honest... get a few witness from different places... once will is written... immediately pass the will to all member of party at the same time... and together... you go for big ones like some Rocks... who deals with wills... you will be asking for trouble with these pplz... a few friend of mine kena... so careful la.. when seggregating your stuffs ... romuluz777, chilskater, and 2 others liked this post
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May 23 2024, 08:24 PM
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QUOTE(tertiary @ May 23 2024, 04:12 PM) a well-established, trustworthy solicitor? Nothing complicated about it - no trusts or anything like that, only covering local assets. Well established solicitors generally won't do something as simple as a will, unless it's an extremely complex will pertaining to the distribution of assets or duties of the executor(s), unless you're paying way above market rate As for other regular lawyers, charges from RM500-RM1k on average, for a simple will. Garysydney and tertiary liked this post
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May 23 2024, 08:25 PM
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All Stars
14,898 posts Joined: Apr 2005 From: Kuala Lumpur & Selangor |
My parents just did theirs. Simple will. RM 99/person.
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May 23 2024, 08:30 PM
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1,636 posts Joined: Aug 2005 From: Vault 13 |
Is an executor needed ?
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May 23 2024, 08:50 PM
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15,192 posts Joined: Oct 2004 |
rockwill is big firm??
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May 23 2024, 08:58 PM
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#14
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385 posts Joined: Nov 2006 From: Utara ke Selatan |
Can consider amanah raya or biro angkasa
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May 23 2024, 09:09 PM
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3,580 posts Joined: Oct 2007 From: everywhere in sabah |
QUOTE(jack2 @ May 23 2024, 08:50 PM) think about itno firm can grow so big by doing 1 business...no lawyer firms ever rely or just offer doing wills as their service no funeral parlour ever grow big by doing funeral service alone....nirvana got so big because they're a real estate company, not a funeral parlour jack2 liked this post
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May 23 2024, 09:16 PM
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May 23 2024, 10:32 PM
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rm400 onwards chilskater liked this post
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May 23 2024, 10:56 PM
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#18
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3,966 posts Joined: Nov 2007 |
rockwill, few hundred to thousands. but typically few hundred
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May 24 2024, 07:33 AM
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#19
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May 24 2024, 11:59 AM
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#20
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QUOTE(gashout @ May 24 2024, 07:33 AM) From what i gathered. writing a will is cheap but they end up being the executor holding everything and take a percentage cut from everything. The only good thing is they handle everything. the bad is they charge for everything. Medusakia liked this post
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