List of Frequently Asked Question SCS CAPITAL LEGACY Johor Bahru (JB), Malaysia

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1. What is a Will?

A Will is a legal document that states how your assets will be distributed after your passing. It also allows you to appoint an executor to carry out your wishes.

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2.Why is it important to write a Will?

Without a Will, your estate will be distributed according to Malaysia’s Distribution Act 1958 (for non-Muslims), which may not reflect your actual intentions. A Will gives you control over who receives what.

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3. What happens if I die without a Will?

If you pass away without a Will (intestate), your assets will be distributed based on legal formulas. This may cause delays, disputes, and complications for your family.

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4. Who can write a Will in Malaysia?

Any Malaysian aged 18 and above, who is of sound mind, can legally write a Will (for non-Muslims).

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5. Does a Will cover all my assets?

A Will generally covers personal assets such as property, bank accounts, investments, and personal belongings. However, nominated assets (e.g., EPF, insurance with nomination) may be distributed separately.

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6. What is an Executor?

An Executor is the person you appoint to administer your estate, pay debts, and distribute assets according to your Will.

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7. Can I appoint more than one Executor?

Yes, you may appoint more than one Executor to ensure continuity and shared responsibility.

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8. Can I change my Will after writing it?

Yes. A Will can be updated or replaced anytime as long as you are mentally sound. Major life changes (marriage, divorce, new assets, new children) should prompt a review.

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9. Is a handwritten Will valid?

In Malaysia, a handwritten Will can be valid if it meets legal requirements, including proper signing and witnessing. However, professional drafting is recommended to avoid disputes.

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10. How many witnesses are required?

A valid Will must be signed in the presence of at least two witnesses who are not beneficiaries.

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11. What is a Letter of Probate?

A Grant of Probate is a court order that confirms the Executor’s authority to manage and distribute the estate according to the Will.

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12. How long does it take to administer an estate?

The timeline varies depending on asset complexity and documentation. With a proper Will, the process is generally smoother and faster compared to intestate cases.

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13. Does marriage revoke a Will?

For non-Muslims in Malaysia, marriage will revoke a previous Will unless it was made in contemplation of marriage.

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14. Can I include guardianship for my children in a Will?

Yes. A Will allows you to appoint legal guardians for minor children, ensuring their care is handled by someone you trust.

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15. How often should I review my Will?

It is advisable to review your Will every 3–5 years, or whenever there are significant changes in your life or financial situation.

Explore answers with confidence.

All Category

1. What is a Will?

2.Why is it important to write a Will?

3. What happens if I die without a Will?

4. Who can write a Will in Malaysia?

5. Does a Will cover all my assets?

6. What is an Executor?

7. Can I appoint more than one Executor?

8. Can I change my Will after writing it?

9. Is a handwritten Will valid?

10. How many witnesses are required?

11. What is a Letter of Probate?

12. How long does it take to administer an estate?

13. Does marriage revoke a Will?

14. Can I include guardianship for my children in a Will?

15. How often should I review my Will?