Amidst the many uncertainties in life, death is something that nobody can escape. As the saying goes, “Where there’s life, there’s death.” In this day and age, death is no longer a taboo topic. Morbid as it may seem, these days, people make plans for their eventual death to ease the responsibility for their loved ones after they are gone.

But how many of us plan for the smooth distribution of wealth to our beneficiaries upon our demise? To date, unclaimed monies and frozen assets in Malaysia amount to over RM60 billion. Procrastination is one of the main reasons why most of us still do not have a will drawn up.

Ipoh Echo spoke to Peter Lee, an estate planner of Rockwills in Ipoh, about will and estate planning. Peter has more than ten years of experience in this field.