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 Inherit now or will?

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lordgamer3
post Nov 28 2024, 09:37 AM

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QUOTE(imtrobin @ Nov 28 2024, 09:22 AM)
Hi, my mum is over 70 now, and consider whether to transfer the property to children now or do a will? My siblings don't have Malaysian citizenship anymore, so I know there's are more steps and fees when doing a will to my sibling, so we are trying to minimizes the fees when inheriting.

2 properties under 1M each, we can transfer to either of us (3 siblings)

Is she able to transfer property now as inheritance? What are fees involved in doing transfer now vs executing will?
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If u guys not asshole better transfer now less complicated. Or put will to divide equally among 3 siblings. Better have in writing as well. So none of u fight and claim unfair treatment over her estate like Chinaman LKY. Damn embarrassing 2 vs 1 sibling over daddy house. But most importantly get lawyer to witness your mom and 3 siblings mutually agreeing . So no one can dispute down the line.

This post has been edited by lordgamer3: Nov 28 2024, 09:42 AM

 

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