Fast Approval
Great news! Your Will will be ready for approval within 3 working days upon full completion of all required information and receipt of payment.
Legal Team
We engaged the services of the legal practice lawyer in drafting our Will. We believe in the importance of ensuring your affairs are handled with precision and clarity, and entrusting this task to a legal professional ensures that your wishes will be accurately documented and legally binding. With the guidance of our lawyer, we have confidence that our Will reflects your intentions and will be executed according to your wishes when the time comes.
Extensive
Offer comprehensive and tailored solutions to ensure your assets and wishes are safeguarded for generations to come.
Affordable Price
We are dedicated to providing high-quality Will writing services at prices that won't strain your budget. We believe that everyone should have access to comprehensive and professional estate planning. Our commitment to affordability ensures that you can secure your future and protect your loved ones without financial stress.
Frequently Asked Questions (FAQ)
Q: What is a Will?
A: A Will is a legal document that outlines your wishes regarding the distribution of your assets and the care of any minor children upon your death.
Q: Who can write a Will?
A: Any adult who is of sound mind can write a Will. This generally means someone who is at least 18 years old and has the mental capacity to understand the nature and consequences of creating a Will, the extent of their assets, and the identity of their beneficiaries.
Q: Why is it important to have a Will?
A: Having a Will ensures that your assets are distributed according to your wishes, reduces potential conflicts among surviving family members, and can expedite the legal process of handling your estate. Without a Will, the Distribution Act 1958 (applicable for Peninsular Malaysia and Sarawak) or Intestate Succession Ordinance 1960 (applicable for Sabah) will determine how your assets are divided, which may not align with your desires.
Q: At what age should I consider writing a Will?
A: It’s wise to consider writing a Will once you reach adulthood, especially if you have dependents, significant assets, or specific wishes for your estate. Life events such as marriage, the birth of a child, or the purchase of property are key times to create or update your Will.
Q: What happens if I die without a Will?
A: Dying without a Will, known as intestate, means your estate will be distributed according to Distribution Act 1958 (applicable for Peninsular Malaysia and Sarawak) or Intestate Succession Ordinance 1960 (applicable for Sabah), which may not reflect your personal wishes. This can result in unintended beneficiaries and potential disputes among family members.
Q: What should I include in my Will?
A: Your Will should include:
Personal information and testamentary intent
Appointment of an executor or executors
Specific bequests of property and assets
Guardianship designations for minor children (if applicable)
Q: How often should I update my Will?
A: You should write and possibly re-write your Will after major life events such as marriage, divorce, the birth of a child, or significant changes in your financial situation. Even without significant changes, it's good practice to review your Will every 3-5 years.
Q: Who can be a witness to the testator's Will?
A: Generally, any adult who is of sound mind and not a beneficiary or spouse of a beneficiary can be a witness to the signing of your Will. You will need to get two (2) witnesses to your Will.
Q: When will a Will come into effect?
A: A Will comes into effect upon the death of the testator.
Q: What are the advantages of writing a Will?
A: The advantages of writing a Will include ensuring your assets are distributed according to your wishes, appointing guardians for minor children (if applicable), reducing family disputes, expediting the Grant of Probate process, and potentially reducing legal fees.
Q: What happens if I acquire additional assets in the future after writing my Will?
A: If you acquire additional assets after writing your Will, the additional assets will be distributed according to the portion in the residue clause. If you wish the additional assets not to be distributed according to the residue portion, you should re-write your Will to include these assets.
Q: How long does it take to obtain a Grant of Probate?
A: The time to obtain a Grant of Probate can vary, but it typically takes between 3 to 6 months after submitting the application, provided there are no complications. Complex estates or disputes can extend this timeframe.
Q: What is an executor, and what do they do?
A: An executor is a person you designate to carry out the instructions in your Will. Their duties include managing your estate, paying debts and taxes, and distributing assets to your beneficiaries.
Q: How do I appoint an executor?
A: To appoint an executor, clearly state their name and contact information in your Will. You should also discuss your decision with the person you choose to ensure they are willing to accept the role.
Q: How many executors can I appoint?
A: You can appoint one or maximum of 4 executors (need to act jointly). It is always recommended to appoint an alternate executor who can step in, if the primary executor is unable or unwilling to fulfill the executory duty. It's important to choose individuals who are trustworthy, organized, and capable of handling the responsibilities.
Q: How soon can I get my Will after payment and approval?
A: The timeline for receiving your completed Will can vary, but typically, once all necessary information is provided, you can expect to receive your draft within 3 working days. After reviewing and payment is done, the final Will, will be ready within 1 to 2 weeks for you and your witnesses to sign.
Q: When can I still amend my approved Will and what would be the cost involved?
A: You can amend your Will within 30 days after it has been approved. A fee of RM10 will be charged for the amendment, along with an additional RM80 for printing fees. If there are any additional clauses added, the charges would be according to our fees schedule.
Q: What if I want to re-write, add, or amend my Will after 30 days?
A: If you wish to re-write, add, or amend your Will after the 30-day period, you will receive a 50% discount on the previously paid fees (excluding custodian, consultation fees, and any previous discounts). Additionally, an RM80 printing fee will be charged.
Q: How can I ensure my Will is kept safe?
A: You can choose to have Fintant to act as a custodian to keep your signed Will secure. Alternatively, you may choose to keep it yourself in a safe place. Storing your Will in a secure location and informing your executor of its location is crucial.
Q: What is Grant of Probate, and how does it relate to my Will?
A: Grant of Probate is the legal process of validating a Will and administering the deceased's estate. A well-drafted Will can simplify and expedite the probate process.
Q : What is the "Financial Required"? What should we need to take note from the summary?
A : Our Financial Integrated Methodology enables the calculation of the funds required for the testator to carefully plan, consider, and decide on the amount needed to ensure a smooth probate and distribution process.
Q: How much does it cost to write a Will with Fintant?
A: The cost can vary widely depending on the complexity of your estate. Simple Wills might be less expensive, while more complex estates with trusts and multiple assets can cost more. Our Base starts from RM380 (with free 5 clauses; 1 executor, 1 asset, 1 beneficiary, 1 guardian and 1 residue clause) and for every additional clause, there will be RM40 added per clause.
Q: What if someone contests my Will?
A: On our Will, there is a clause clearly mention, who every name does not mention in the Will, they will have no right to claim.
Q: Why choose Fintant for your Will writing?
A: At Fintant, we have implemented an integrated financial terminology that outlines the funds needed for the beneficiary or executor in the event of the testator's passing. This helps smoothen the asset transfer process to the intended beneficiary as per testator’s wish.
We are paperless, meaning no fill-up forms are required, and our Wills are drafted by experienced lawyers. We emphasize every aspect of the quality of our Wills to ensure they are legally bound.
Q : What should I do prior to meeting up with your consultant, Will Associate?
A : Before meeting with our consultant, our Will Associate, it's helpful to gather certain documents and information to ensure that the consultation is productive. Here's a list of documents and information you may provide to smoothen up the process:
Identification Documents: Bring a valid form of identification, such as your national identification card (Malaysian) or passport (non-Malaysian).
List of Assets: Prepare a list of all your assets, including real estate, bank accounts, investments, retirement accounts, life insurance policies, business ownership. This includes the estimated market value of each of the items.
List of Debts: Provide information about any outstanding debts or liabilities you may have, such as mortgages, loans, credit card debt, previous income tax paid amount or other financial obligations.
Beneficiary Information: Identify who you would like to receive your assets upon your passing. This may include family members, relatives or friends.
Guardianship Preferences: If you have minor children, consider your preferences for who should serve as their guardian in the event of your passing.
Executor Preferences: Think about who you would like to appoint as the executor of your Will. This person will be responsible for carrying out your wishes as outlined in your Will.
Questions and Concerns: Finally, come prepared with any questions or concerns you may have about the Wills, probate, or any other related topics.
What do we provide?
In our Will services, we offer a comprehensive range of support to ensure our clients' wishes are accurately documented and legally binding. Here's a breakdown of what we provide:
Professional Will Writing Services and Consultation
Our Will Associates are available for professional Will writing services. They will guide clients through the entire process, ensuring that their wishes are accurately captured and legally binding. This includes discussing their assets, beneficiaries and liabilities to ensure their wishes are properly reflected in the document.
Custodian Services
As part of our offering, we provide custodian services for wills. This involves securely storing clients' wills to safeguard them from loss, damage, or unauthorized access. Having a reliable custodian adds an extra layer of protection to important legal documents.
Lawyer Services for Applying Grant of Probate
After a client passes away, we assist their executor or administrator in applying for the Grant of Probate. This legal process involves validating the deceased person's will and confirming the authority of the executor to administer the estate. Our lawyer services ensure that this crucial step is handled efficiently and in compliance with relevant laws and regulations.
Estate Planning
Having a Will is like leaving a map for your loved ones after you're gone. It ensures that your wishes are carried out and your assets are distributed according to your wishes. Here are some key reasons why having a Will is important:
Control Over Your Assets: A Will allows you to decide who receives your property and assets after your passing. Without a Will, intestacy laws dictate how your estate will be distributed, which may not align with your wishes.
Guardianship for Minors: If you have children who are minors, a Will allows you to appoint a guardian of your choice to take care of them in the event of your death. This ensures that your children are cared for by someone you trust.
Avoiding Family Disputes: A clear and legally binding Will can help prevent conflicts and disagreements among your family members regarding the distribution of your assets. It provides clarity and reduces the likelihood of disputes.
Peace of Mind: Having a Will provides peace of mind, knowing that your affairs are in order and your loved ones will be taken care of according to your wishes. It also relieves your family of the burden of making difficult decisions during an already emotional time.
Overall, having a Will is a crucial aspect of estate planning that ensures your assets are distributed according to your wishes and helps provide for the well-being of your loved ones after you're gone.
