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.

5rm to 4-5 digit , totally depends on what u want actually .

https://www.propertyguru.com.my/property-gu...wills-act-17284

If simple one where only 1 benefactor, can DIY

Useful link, thanks. But my will will have more than one beneficiary.

usually depends on complexity of the will as well.

i did mine probably 500, using a lawyer.

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.

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

Goes by the number clauses. Typical about RM500 to 4-figures.

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 ...

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.

My parents just did theirs. Simple will. RM 99/person.

Is an executor needed ?

rockwill is big firm??

Can consider amanah raya or biro angkasa

think about it
no 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

Simple will, can use this
RM300

rm400 onwards

rockwill, few hundred to thousands. but typically few hundred

kena what? care to share more?

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.

They end up being the executor?? Conflict of interest dah.

If so, better find a normal lawyer to do will better that doesn't have this clause.

You can just pay for your Will drafting la.

Executor usually most people appoint same as beneficiary.

Then your beneficiary/ executor can go to any experience lawyer to file the court papers for Grant of Probate. Usually lump sum ard 5K.

Caveat Emptor. There are a LOT of useless lawyers. Just like doctors.

i think the issue is if you appoint a 3rd party like rockwills as executor and they charge 1.5% of total assets 'market value' as their annual fee and they take their sweet time to get GP for you, delay until few years, how?

if executor is also beneficiary, then executor wont delay getting GP

https://www.rockwillsonline.com.my/document...es_schedule.pdf

This is good awareness for everyone who wants to use their service. Thanks for this.

Yup, I use this.

https://www.maybank2u.com.my/maybank2u/mala...lls_wasiat.page

500 with law firm doable.. if ur will is simple..

I checked and aware this will writing is very simple by segregating your wealth accoeding to % to beneficiary. What if one of the beneficiary is still minor when you pass away, how will the wealth distributed in this case? Will the minor portion been held until they come to age or the spouse will be gaining the portion on behalf?

This post has been edited by exclamation!: May 25 2024, 03:13 AM

Rm99/beneficiary? Or per will?

If someone unrelated to me, is it better to add my name to this persons property? Costs about rm5-6k to add name.

Or write a will ?

I tried 2 lawyers, and one agent from rockwill, all failed to do a Will for me. The agent wanted like RM1700 which is too much. The 2 lawyers decided not to do for me. I just wanted a simple 2 tiers Will. No need to specify anything, just movable and unmovable assets all campur in.

I wonder if anyone here uses those online will thing like Maybank, Thy Will Be Done, etc? What was your experience? If you got lawyers to recommend, also can.

if got friend lawyer..RM200 can

Per will

Where did they do it?

mbb one usually provides will writing and have those service fees factored into the housing loan itself, needless to say the fees will be inflated to make it worth their while, last i checked it is around 1.5k, if you are klang valley based, I can provide such service to you as a practicing lawyer for 500 all inclusive, and all I need from you is details of testator, beneficiary and I will gather witnesses, sign and return you the sealed will in time.

bro will is will, and only take effect upon your passing. adding name means essentially you transfer the ownership of property, if you add one name meaning transfer half share of yours to the other half, and yeah you can only do it during your lifetime. let me know your property details, I am able to give a quote for such transfer service, MOT but if its not to spouses, or children, then bear in mind there might be stamp duty imposed, so your cost goes up

Will pm you thanks

Just write yourself la.
Your English doesn't sound bad, I assume your comprehension are OK too.
Most important is the two witnesses.

After this grant of probate fee of around RM5K, what other fees are there?

ChatGPT skeleton to translate simple english to legal english + get lawyer friend to help review + get two witness (must be non-beneficiary!!) to sign = profit

This post has been edited by polarzbearz: May 28 2024, 10:50 PM

What is 2 tier will?

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 !