Best Estate Planning Lawyers in Malaysia

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Ghazi & Lim Advocates
George Town, Malaysia

Founded in 1992
50 people in their team
Malay
ABOUT GHAZI & LIMWe are Ghazi & Lim, a legal firm established in 1992 and practising nationwide in Malaysia in all  disciplines  and  aspects  of  Malaysian  legal  practice . Presently  we  have  forty  lawyers, thirteen of  whom...

Founded in 2014
English
With a distinguished reputation in Malaysia, Xian & Co. stands out as a premier law firm specializing in legal services, notary public duties, and administering oaths. The firm’s dedicated team combines extensive legal knowledge with practical experience to provide clients with exceptional...
Ang & Xen
Petaling Jaya, Malaysia

English
Ang & Xen, located in Petaling Jaya, Selangor, Malaysia, is a dynamic law firm offering a comprehensive range of legal services to both local and international clients. The firm's areas of practice encompass Administrative and Constitutional Law, Banking, Finance and Securities, Consumer...
James Liew & Kong

James Liew & Kong

15 minutes Free Consultation
Kuala Lumpur, Malaysia

Founded in 2016
8 people in their team
Malay
Chinese
English
THE FIRMJAMES LIEW & KONG is a legal firm based in the most sophisticated and dynamic city of Malaysia, Kuala Lumpur. Our firm provides a wide spectrum of legal services covering various aspects of the law. Our principal focus would be on Conveyancing, Corporate and Dispute Resolutions matters...
HAEME LEW

HAEME LEW

15 minutes Free Consultation
Kuala Lumpur, Malaysia

Founded in 2017
6 people in their team
English
Malay
Chinese
Haeme Lew is an award-winning, Kuala Lumpur-based multi-practice law firm specializing in corporate and commercial transactions, restructuring and insolvency, dispute resolution, and criminal defence. Known for its client-first approach, deep legal expertise, and regional reach across Asia Pacific,...

English
W.H. Hidayah & Mizuraini (WHMLaw Office), established in 2014 and formerly known as Mizuraini & Co., is a boutique law firm located in Kuala Lumpur. Despite its recent inception, the firm's lawyers bring over 20 years of experience to the practice. The firm specializes in a wide range of legal...
Gibb & Co.

Gibb & Co.

30 minutes Free Consultation
George Town, Malaysia

Founded in 1892
50 people in their team
English
Chinese
Malay
The FirmGibb & Co is an established firm, that brings together the best people across our offices to provide a steadfast and staple array of legal services focusing on Client-Partner relationships.Our ValuesCompassionOur genuine care to help resolve problems lies in our compassion for the...
Donny Wong & Co.
Kuala Lumpur, Malaysia

Founded in 2006
50 people in their team
Malay
AboutDonny Wong & Co.Donny Wong & Co. was established in 2006 based on trust.It was your trust:-in our knowledge of law;that our delivery of service to you is professional;that your best interest is protected; andthat your expectations will be exceeded;which sustained and helped us...
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About Estate Planning Law in Malaysia

Estate Planning is a crucial aspect of financial planning that involves making arrangements for the distribution of one's assets and properties after their passing. In Malaysia, Estate Planning is regulated by various laws and regulations to ensure that the wishes of the deceased are carried out and the interests of their beneficiaries are protected.

Why You May Need a Lawyer

There are several situations where you may need the help of a lawyer in Estate Planning. These include drafting a will, setting up a trust, dealing with complex family situations, minimizing tax implications, and ensuring that your assets are distributed according to your wishes.

Local Laws Overview

In Malaysia, Estate Planning is governed by laws such as the Distribution Act 1958, the Wills Act 1959, and the Probate and Administration Act 1959. These laws dictate how assets are distributed in the absence of a will, the requirements for a valid will, and the procedures for probate and administration of estates.

Frequently Asked Questions

1. What is a will and why do I need one?

A will is a legal document that specifies how you want your assets to be distributed after your passing. It is essential to have a will to ensure that your wishes are carried out and to avoid potential disputes among your beneficiaries.

2. Can I change my will after it has been drafted?

Yes, you can update your will at any time to reflect changes in your circumstances or wishes. It is advisable to review your will periodically and make amendments as necessary.

3. What is a trust and how can it benefit me?

A trust is a legal arrangement where a trustee holds assets on behalf of beneficiaries. Trusts can be used to protect assets, provide for minor children, and minimize tax liabilities.

4. How can I minimize estate taxes in Malaysia?

There are various strategies that can be used to minimize estate taxes, such as gifting assets during your lifetime, setting up trusts, and making use of exemptions and reliefs provided under Malaysian tax laws.

5. What happens if I die without a will in Malaysia?

If you pass away without a will in Malaysia, your assets will be distributed according to the Distribution Act 1958. This may not align with your wishes and could lead to disputes among your family members.

6. Can I appoint an executor for my estate?

Yes, you can appoint an executor in your will to manage your estate and ensure that your wishes are carried out. The executor will be responsible for distributing your assets, paying off debts, and handling any legal matters related to your estate.

7. How long does it take to probate an estate in Malaysia?

The probate process in Malaysia can take several months to complete, depending on the complexity of the estate and any potential disputes that may arise. It is advisable to seek legal assistance to expedite the probate process.

8. What is a letter of administration and when is it required?

A letter of administration is a legal document issued by the court to appoint an administrator to manage an estate in the absence of a will. It is required when there is no valid will or when the executor named in the will is unable to act.

9. How do I choose a lawyer for Estate Planning in Malaysia?

When choosing a lawyer for Estate Planning, it is essential to consider their experience, expertise, and reputation in handling similar cases. You may also want to seek recommendations from friends, family, or professional associations.

10. What are the costs involved in Estate Planning in Malaysia?

The costs of Estate Planning in Malaysia may vary depending on the complexity of your estate and the services required. It is advisable to discuss fees and charges with your lawyer upfront to avoid any surprises.

Additional Resources

For more information on Estate Planning in Malaysia, you may refer to the Malaysian Bar Council, the Inland Revenue Board of Malaysia, or consult with a reputable legal firm specializing in Estate Planning.

Next Steps

If you require legal assistance in Estate Planning in Malaysia, we recommend reaching out to a qualified lawyer who specializes in this field. They can guide you through the process, ensure that your wishes are carried out, and provide you with peace of mind for the future.

Lawzana helps you find the best lawyers and law firms in Malaysia through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Estate Planning, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Malaysia - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.