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Recently, a businessman travelled to Kuala Lumpur for a meeting. After that meeting and lunch with his associates, all of them contracted Covid-19. All his friends recovered but unfortunately, he died when this deadly virus strikes like lightning. It was later discovered that he died without a will. Apparently, he was living separately from his wife and minor child. His parents and siblings could not confirm whether he divorced his wife or not. His parents…

Not long ago, my friend told me that his uncle has died without a will and his former son-in-law now claims that he is the sole beneficiary of his former father-in-Law ’s estate. This led to a lot of protest from other family members especially the siblings of the deceased because they knew that the deceased was dead against giving anything to him. The deceased had quite a substantial amount of money. For a moment,…

A staggering almost RM6 Billion has been left unclaimed by Malaysians from 1977 to 2017. Former Deputy Finance Minister I Datuk Othman Aziz said last year “The total unaudited amount stands at RM8.8 billion. So far, RM1.579 billion has been returned,” he told the Dewan Rakyat today. He said the government has set up 25 counters nationwide to enable Malaysians to claim the money. Thirteen counters are in the Peninsular, seven in Sarawak, four in…

I think most of us would have noticed that one of the news which made headlines recently was the staggering amount of more than RM 5 billion which remains unclaimed by Malaysians. It was reported that these unclaimed money are from inactive bank accounts, unclaimed fixed deposits that have expired, insurance payouts and interest. Insurance itself has more than RM 327 million which is due to beneficiaries of Life Insurance policies. According to the Deputy…