Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why appoint Rockwills Trustee Berhad as Sole or Substitute Executor in your Will?

0
10 Posted

Why appoint Rockwills Trustee Berhad as Sole or Substitute Executor in your Will?

0
10

Cost Saving If the appointed individual Executor in your Will decide not to act or become unable to act due to poor health, work or family commitment when you pass away, their refusal or resignation could cost your beneficiaries a lot of money and time because a new Administrator has to be appointed. Letter of Administration with Will annexed will have to be applied for instead of the Grant of Probate, and the Court will appoint a suitable person to administer the estate. This will involve a longer process and cost your beneficiaries a lot of money and time. The cost of appointing Rockwills Trustee Berhad as the Executor or substitute Executor is only one time fee of RM 100.00 and the administration fees only becomes effective upon the death of the Testator or when the appointed Executor is unable or unwilling to act or resigns. Flexibility If the individual Executor finds himself not suitable for the duties and decides that a competent Trust Corporation like Rockwills Trustee Berhad w

0

Cost Saving If the appointed individual Executor in your Will decide not to act or become unable to act due to poor health, work or family commitment when you pass away, their refusal or resignation could cost your beneficiaries a lot of money and time because a new Administrator has to be appointed. Letter of Administration with Will annexed will have to be applied for instead of the Grant of Probate, and the Court will appoint a suitable person to administer the estate. This will involve a longer process and cost your beneficiaries a lot of money and time. The cost of appointing Rockwills Trustee Berhad as the Executor or substitute Executor is only one time fee of RM 120.00 and the administration fees only becomes effective upon the death of the Testator or when the appointed Executor is unable or unwilling to act or resigns. Flexibility If the individual Executor finds himself not suitable for the duties and decides that a competent Trust Corporation like Rockwills Trustee Berhad w

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123