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…
Since the outbreak of coronavirus (Covid-19) pandemic, the term “ Flattening The Curve “ is mentioned daily in the news by medical officials around the world. This term was coined by a medical historian named Dr. Howard Markel from University of Michigan and what it means in epidemiology is to slow the rate of infection for contagious diseases . Anyone watching the news would noticed that the curve is presented in a statistical chart where…
Stimulus Package is the most current and important buzzword in Malaysia and around the world as most of countries are on lockdown or curfew or restricted movement order for a specified period of time. All this is due to the invisible Coronavirus causing such a pandemic . As we abide by the movement control order (MCO) until 28th April, 2020, our daily lives have been disrupted and nearly all our businesses have to be closed…
I think you would agree with me if I say Covid – 19 or Coronavirus is the most scariest word in the whole world at the moment . While we are grounded in our homes with our family under the lockdown period, I believed all of us are bombarded with news on our television set , daily whatsapp messages and Facebook on the infected and death cases in Malaysia and the rest of world. I…
Peter Lee Consultancy presents W for “Wills” & T for “Trust”
In February, 2019 I think the world witnessed one of the most severe weather known as “ Polar Vortex” that hits the United States. Its a phenomenon of extreme cold caused by fatal wind blowing from the Artic with a temperature of -31 ̊ Celcius and It was a frozen hell. Whereas, Malaysians in Malaysia are now experiencing one of the most severe heat waves with temperatures as high as 37 ̊ Celcius caused by…
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,…
‘Time flies’ as the saying goes. I am very sure that time really flies for most of us who spend most of our daily life balancing our work and family life. I can’t help it but to think back on what I have witnessed some years ago reminding me how fragile life can be. As we arrive at the end of every year, there will be many wedding dinner invitations and the month of December…
One morning while Steve was having breakfast and reading the newspaper, his wife suddenly asked him whether he will re-marry again if she dies. Steve was surprised with by that question and asked her why she is asking such a strange question early in the morning. In response , she said “ Well, I have been thinking about it for some time and I needed to get it off my chest but could not do…
Under the law, it allows the appointment of one executor to be appointed in the will. However, through experience, Peter Lee advises that at least two should be appointed but act in the order of priority, in the event the first executor is unwilling or unable to carry out the duties. For the appointment of joint executors, the testator may appoint up to 4 persons but where the appointment is in the order of priority, there can…