It's my father... Doing well to finish off the funeral matters.

Question, how should I deal with papa bank accounts? He had left a will and me and my sis are the designated successor of his assets including bank account..How should I execute it?

Thanks all /k sifu in advance

Bring death cert/police report and the will to the bank?

My condolences to you and ur family TS.

The will should name an executioner, a proper will that is.
Let executioner kautim

If you are the executioner, then you need to go to the bank with the required documents. Banks would want your bank account if named nominee. (No joint account)

got will easy

Go High Court and get the Grant of Probate.

if joint name account, go transfer/withdraw everything first, dont report to bank and JPN yet.

This post has been edited by N9484640: Nov 1 2024, 11:23 AM

My condolences to you & your family bro. Was it sudden or he's been sick for awhile. The will be left was with a company or lawyer?

My condelense.
My Dad pass away this Jan.

If you papa account got ATM card.....change the limit and if you know the password.
Withdraw everything unless your papa got hundred of thousand.
But do it before reporting to JPN to get his death certificate.
If not, follow other sifu here to proceed on your Dad bank account.

Go to your local Adun where your Dad stay to apply for "funeral expenses"......RM500
It will take about 1 month after "verification call" from the local party.
In my case, DAP.

If your Dad got BR1M assistance from Government, then proceed to nearest BSN to apply for "funeral expenses".
Bring all necessary document to bank and just get que number and go over the counter for application.
On spot you will get cash RM1,000.

And if your Dad is pensioner, go to CyberJaya KWAP office and bring documentation for "funeral expenses"
Apply on spot over the counter.
Money RM3,000 will be remitted into your bank account within 1 month but usually 2 week.

Take care bro.

This post has been edited by MakNok: Nov 1 2024, 11:28 AM

Condolences to you & your family

He has heart sickness and done Stent before on 3 locations. Then recently he told his friend (didn't tell us family) that he felt some heart rate irregularities and discomfort but dismissed it, as he got check up coming up on next 2 weeks and December, but still...

Appreciate everyone for the words

He did tell me password but I had forgotten... Regretted that I should have taken not of it down, now can only rely on vague hints

But got will, should be ok

Stay strong.

My mum passed away on CNY night, she was so happy awaiting for her first grandchild. And, my MIL passed away a day before my child arrival. So, it was a double blow to my family.

Anyway, my mum left a will for us. Just need to find a lawyer to execute. My mum did her will with rockwill, hence we asked them to execute. However, it has been almost 10 months and they have yet to get back to us. If u know his ATM password just withdraw asap. For those FD, etc. You have to go through will.

god damn. you stay strong too my brother

Condolences to you TS

Haha thanks.

In fact, I was rather relieved when my mum left. She had been strong the whole time. The only regret was that she couldn't see her grandchild. Something she has been waiting for years. My MIL was rather a shock to us. We had a call with her a day before and the next day she had stroke and went into vegetative state.

if join nama just transfer out. If not you need a lawyer.

deepest condolence to you and your family

condolences to you and your family, ts.

God bless

For those telling op to withdraw if he knows the atm pin, please do not do that. If they find out the withdrawal date is after his death certificate date, they will initate fraudulent investigation.

sorry for your loss

go lawyer get letter of executor, bring to bank

Condolences to u and ur family.
May he RIP.

left with will, executor will do all for you.

My condolence and congratulation.

got ATM card pls go withdraw as much as possible first as lawyer charge by net worth..

[quote=pysh,Nov 1 2024, 01:49 PM]got ATM card pls go withdraw as much as possible first as lawyer charge by net worth..

[/quote/]

quote=Avangelice,Nov 1 2024, 01:09 PM]
For those telling op to withdraw if he knows the atm pin, please do not do that. If they find out the withdrawal date is after his death certificate date, they will initate fraudulent investigation.

[/quote/]

Conflicting opinions hmm

This post has been edited by viktorherald: Nov 1 2024, 01:58 PM

https://kclau.com/estate-planning/joint-account/

By right upon death of the person all his assets are frozen until the will executor or next of has been notified. Imagine lah you go withdraw and your sister (heaven forbid) saw red and reported to the police. Better play safe. Don't simply withdraw and let it go through legal hoops

This post has been edited by Avangelice: Nov 1 2024, 02:03 PM

Check if he left any will. Before that need to get death certificate first. My condolences to you and your family

My father is dying due to cancer.

Question, how should I deal with papa ? He had left nothing for the family and no assets. He spend finished all his last cents 20 years ago and becoming burden to family member.

To cremate him we need to buy places in Nirvana (burn) or land to cremate him ................... While he is sick, all family member already spend a substances of money taking care of him. And we are in the brink of getting broke. All our hard earn wasted on him.

How should we execute it?

Please enlighten us.

No need to go nirvana if no budget. Contact your local council's cremation center. Example DBKL below:

https://www.dbkl.gov.my/tanah-perkuburan-krematorium/

Can refer to post #8 to claim for funeral expenses if eligible.

Don't think like that bro. I do not know the full story so I cannot judge but what I can say is how you treat a sick person family member or not shows the person you are. If tak cukup kemampuan don't need go nirvana. Just cremate and throw ashes in the sea.

Hire a lawyer and get a grant of probate from the courts. It's quite straight forward but will take some time. All transfers of assets; properties, shares etc will follow suit....that's how I remember it for my case but our family lawyer did all that. We just sign papers. Didn't face any complications, especially with a will in place.

While make police report, go and withdraw at the same time, as long as transacted date is < time of certified death, should be ok

[quote=viktorherald,Nov 1 2024, 01:52 PM]
[quote=pysh,Nov 1 2024, 01:49 PM]got ATM card pls go withdraw as much as possible first as lawyer charge by net worth..

[/quote/]

quote=Avangelice,Nov 1 2024, 01:09 PM]
For those telling op to withdraw if he knows the atm pin, please do not do that. If they find out the withdrawal date is after his death certificate date, they will initate fraudulent investigation.

[/quote/]

Conflicting opinions hmm

[/quote]


[quote=Avangelice,Nov 1 2024, 02:02 PM]
https://kclau.com/estate-planning/joint-account/

By right upon death of the person all his assets are frozen until the will executor or next of has been notified. Imagine lah you go withdraw and your sister (heaven forbid) saw red and reported to the police. Better play safe. Don't simply withdraw and let it go through legal hoops

[/quote]

its grey area la.. they cant do shit..
nowadays atm card can be shared isnt it among family member or trusted ppl..
i give u my atm card u go take $ to buy food
u go study johor ah? take my atm card go buy food.. papa duno how to do transfer.. all this kinda thing..
when ppl want to find fault with you, anything also can find fault la..
these are BKMs and i never heard ppl kena b4.. personally also experience it as need cash to handle the ceremony etc..
go through lawyers will take months (with will) and years (without wills or proper documentations).. these withdrawals will help up abit those who are financially tight.. unless u can wait for months and spend extra then go ahead..

This post has been edited by pysh: Nov 1 2024, 02:54 PM

Can discuss with Nirvana agent or walk-in to their office. We did the same which after cremate and the urn is put in pagoda building. Cost us around rm20k for everything they will settle for you.

My condolences

sorry to hear that
may he rest in peace

Bro he's already feeling upset that the family is burning through their savings for the father and you are suggesting to ice the cake is to go to nirvana and spend 20k?

Question, who will really 1st thing go to bank when your family member is in the brink of dying, does not make sense

Nirvana and the equivalent private service providers won't be so economical. I am also checking out packages for my parents. You need to consider their products (burial plot, tomb construction, ancestral tablet costs or the equivalent for cremation like columbarium) and funeral services (Buddhist, Taoist or Christian). The prices are mind numbing to say the least. Ancestral tablet can cost rm10-15k. Tomb construction around rm50k for an average set up/design for a double plot, this excludes burial plot cost. Buddhist ceremonies from rm30-50k for a 3D/2N Buddhist/Taoist package.

There's another option, one I'm opting for myself.

Direct cremation. Price range 5k
Buying a plot at a Columbarium 3k.
Free if you toss in the ocean.

Don't want to stress my son financially.

My late grandpa one eye watering 70k because he was gifted a plot of land in nirvana by his brother and we had to construct the burial site.

Bro, you are very considerate to your family. There are some superstitious old folks who insist on burial.

I found a lawyer who charge only around RM10k for Grant of Probate, doesn't matter the deceased net worth.
Some lawyer do take percentage based on net worth

my condolences to you and loved ones around.

Sorry for your loss. R u nons or not nons. Not same procedure

Please accept my condolence

What do u think about scattering ashes around parents' grave?

Why wanna take out all the money before reporting to JPN ah?

Then ask those superstitious old folks to budget and prepare the money accordingly.

Else the living is more important than the dead if financially tight.

A cost free option..

http://www.isilentmentor.com/faqs/

What's worse is unhelpful or selfish sibling(s).

True.

But if they don't contribute , then they cannot comment how you handle the event.

I withdraw all the money out using ATM machine....left rm100 like that only .did it to all the account . So many years have passed,the bank closed the account and have rest of the money transferred to government (unclaimed money).

Luckily my dad already transfer every asset he have before his death .

This post has been edited by TRAZE99: Nov 2 2024, 12:20 AM

Once you report your Dad demise to JPN, and you will given his death certificate on spot.

Then all bank account under his name will be freeze instantly.
So, ATM doesn't work anymore.
BR1M also stop.....Pension.....etc

This post has been edited by MakNok: Nov 2 2024, 09:19 AM

Deepest condolences

Oh, I thought bank account all will work one. So JPN will instruct bank to freeze all bank one de lah ? Okok

Ada will easy. Just pay lawyer few k and get grant of probate letter. Ada this letter can go around related bank etc, claim. Few k means 5k above?

Losing papa, mentally will be damn tough bro, especially your mum. Take care

My friend's MIL recent demise was handled by an old folk home undertaker. RM3.5k include coffin & cremation at DBKL Cheras crematorium. No wake service, Urn sendiri send to Taiping.

Didn't know it's so cheap.

This post has been edited by etan26: Nov 2 2024, 11:13 AM

Banking account not freeze, my dad's not freezed for sure.
I even transferred some of his loose change to his account.
Still can access his online banking.

Now waiting for lawyer to settle and then withdraw, close and distribute the balance to the young ones.

BRIM/STR no longer coming in though.

Make sure no dispute before taking out money form account etc.

When i say freeze mean cannot withdraw lah especially on ATM.
Do update on how long for the lawyer to settle so that can withdraw everything and how much does the lawyer charge?

No will to begin with, so it should take longer than usual?

Last time my mum's account was closed easily without will and such. If not mistaken just bring relevant proof. It was PBB.

Why this round lawyer is involved for my dad's case? Because of property, so do it together.

This post has been edited by tropik: Nov 2 2024, 06:28 PM

My condolence for your lost. Stay strong.
Bring the will to the lawyer.

Thanks, will do

Hi all, I got the will in my hands now. Any recommended lawyer service to appoint?

Is ok, I found the will appointing firm, spoken to him, he will advise for panel lawyer.

About the accounts freezing, I'm not that worry as there are EPF and life insurance to help support. Even though the whole process might take a year, the support from above should be enough.

Really thanks to my dad... He has thought out so many steps for us. How I wish I can match 10% of my dad achievements.

Thanks again to all ktards

do the Pusaka Kecil proses at JKPTG (Land Office) ..they will issue Perintah Pembahagian / Surat Kuasa Pentadbiran to divide the assets ..

Rockwill is a, scam aiyoo. Lawyer letter cukup da

We had no idea. It was my mums will. So we proceeded accordingly.

That's a serious allegation, any source/reason?

Not scam la.. they got do work just tat fees is quite steep to say so

i had asked the succession firm, he mention that advisory and lawyer firm usually charge a fixed a mount.

It is that when the will of the deceased appoint a lawyer firm as executor, or the current designated executor release the execution rights to law firm, then only the law firm can charge a % of net worth as fees. (also subject to judge approval, and not more than 5% mandated by law)

Just curious. Do we need lawyers to do all these? Possible to handle this on our own? Anyone can advise?

From advisory firm, high court will only deal with Lawyer on Grant of Probate matters, and will not entertain individuals

However, after Grant of Probate, you can handle the matters on your own if you are the designated executor.

This post has been edited by viktorherald: Nov 5 2024, 12:33 PM

Thanks for the information. 👍🫡

I had done further edit

thats why it is consider a scam when you only pay one time fee

Upfront pay 1 time

Upon die, execution time will makan based on

Asset value x time taken
1 yr is dunno how many percent.. i think 2 or 3% of estate value handled

amanahraya

my condolences ts. anyway, u need to extract probate.

Rockwills as executor gets to charge you annual admin estate fees; so they wont expedite getting your probate settled quickly;

Yea.. it took my late aunt 4 yrs... kena ambik banyak by them.. and a lot of amount i cannot agree, but close eye take only..

For example..
If estate got mixture of cash, fd, properties, share, unit trust..

I ask them to disburse the fd and cash earlier so to remove it away from the admin fee.. they will delidelay.. and kasi u charge..

Infront say will do fast, belakang slow like turtle. And the properties and land, all must use their lawyer.. and their lawyer will kasi full charge kao kao until very tiuu hai one la.. no discount kasi u, because charge back estate asset ma.

But, they will get all the work done for u la..
So 2 side of the coin

The will get work done, but they also will main game to squeeze u higher.. after all, that is their first and last business for the estate, so sekali tekan lo

Really...I was thinking to use them...
Now might have to find another

If u dont want hassle going to each bank, and a lot of process which normal people will not get into and dont know how to go about, and got no time, then give them do. They can do the job, just grind teeth give then earn

If you like to figure out, then sendiri do.

But the deceased last will got state who is executor..

Condolences.
You know where your father made the will? Call them and they should be able to help you better.

Condolences buddy

Using this topic to prepare myself in such a situation

yes, my father has prepared a will and deposited it into a safe deposit box within CIMB bank

he has added me and my sister name to the safe deposit box a year ago.

So he made the will with CIMB or lawyer firm?

my condolences

is it a joint name account? If yes, things would be much more simpler

Only if the joint account is "or" type (either to sign).

Appoint some 3rd party Succession firm

My condolences ts. At least you have the will so less hassle during this process

thats why just direct lawyer ez

CIMB are well known to be very arggresive with their safe deposit box lo .no name = gg

Make sure u got a good lawyer then will be smooth

How lenient are other banks?