since you're a lawyer, is it cheaper to transfer property to children via a will or to transfer to children when still alive?

yes i sure am. for sure will is cheaper as we dont have inheritance tax here so if you pass on your child basically get to inherit the prop for free, just need to pay nominal stamp duty and obtain the grant of probate, whereas for transfer during lifetime, there will be imposition of stamp duty, which is calculated based on value of your prop and divide by half since kasih sayang transfer got partial waiver.

thanks for confirming; thats what i thought as well

Depends on the list of assets/ properties and whether the are local or overseas.

Can ask benzxzx since he is answering questions here pro bono publico

yes dogbert is on point, if theres overseas assets in the picture, the grant of probate might need to be resealed in overseas jurisdiction to proceed with subsequent transfer, so there are more costs involved, if its strictly local, probate cost ranges from 4-5k, and transmission fees which will attract legal fees that is chargeable based on the prop value, and land office disbursement, one thing about probate and turun milik is that it wont be slapped with stamp duty advalorem. you just pay 10 nominal for the MOT.

After the GP. If need to transfer the properties ownership (house, shops etc), lawyer will charge the transfer fees.

just recently done, depend your items, minimum charge 1-2k plus

u also need bring witness , at least have 1 close to you

If your Will is simple - everything goes to beneficiary A and if A doesn't survive you, then everything goes to beneficiary B -
then can DIY using a standard template FOC.

Get 2 witnesses with the following criterias
1. Msian citizen
2. Above 18
3. Sound mind and body - eg. employed somewhere is good enough
4. Easily contactable - in case your Will is challenged im court
5. Nothing else related to your Will - cannot be beneficiary, executor etc.

true, facts !