Estate Administration
Estate administration involves managing and distributing a deceased person’s assets in accordance with their will or, if none exists, the applicable succession laws. It requires compliance with procedural and statutory requirements under Malaysian probate law.
1. Probate Administration
Probate administration occurs when a person passes away leaving a valid will. The appointed executor must apply for a Grant of Probate to manage and distribute the estate. This process provides legal authority to the executor to act on behalf of the deceased’s estate.
2. Will Writing
A will is a legal document that specifies how a person’s assets should be distributed after death. Proper will drafting helps ensure that the testator’s wishes are honoured and can prevent potential disputes among beneficiaries. In Malaysia, wills must comply with the Wills Act 1959.
3. Letter of Administration
If a person dies intestate (without a will), family members or other qualified individuals may apply for a Letter of Administration to administer the estate. The process ensures that assets are distributed according to the Distribution Act 1958.
4. state Planning
Estate planning involves structuring one’s assets and affairs to ensure an orderly transfer upon death or incapacity. It may include the use of trusts, wills, and joint ownership structures. In Malaysia, effective estate planning can help minimise administrative delays and potential conflicts among beneficiaries.
