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…
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…
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…
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…
A Will is a revocable declaration of intention regarding the distribution of our assets to our loved ones upon our demise. Although there are people who draw up their own will, the questions one has to ask are: Is this a valid and functional will? Are my instructions in the will clear for my executor to understand and carry out? Does it achieve my objectives? How can I ensure that there is no tampering to…