Taxation on Estate Administration & Trust
PUBLISHER: MALAYSIASME, NOV. 15, 2014. Benjamin Franklin in a 1789 letter wrote that, “In this world nothing can be said to be certain, except death and taxes”. In fact, death…
Family Legacy Planning
Family Legacy PlanningDownload PUBLISHER: MALAYSIASME. Legacy is something transmitted from one generation to the next. In the case of family legacy planning, wealth may not be the most important factor. Other factors include…
Family Trust
Family TrustDownload PUBLISHER: MALAYSIASME. To put into effect a family’s legacy planning and leadership succession, a legal framework is required to protect the family business assets from unexpected threats. A…
Implication of FSA2013 on Insurance Policy
Implication of FSA2013 on Insurance PolicyDownload PUBLISHER: MALAYSIASME There are some changes on Policy Money matters when comparing Financial Services Act 2013 to old Insurance Act 1997. One of critical…
Islamic Business Succession Planning
Islamic Business Succession PlanningDownload PUBLISHER: MALAYSIASME. In the simplest business entity, sole proprietorship, where the owner holds absolute interest in the business and where his heirs are not legally obliged…
Islamic Estate Planning
Islamic Estate PlanningDownload PUBLISHER: MALAYSIASME. Estate planning for non-Muslims are governed under Malaysian Civil Law (Distribution Act 1958, Wills Act 1959, Trustee Act 1949), while Muslims in Malaysia are governed…