Due to our strategic alliance with Malaysian Trustees Berhad (MTB), all
Wills prepared by us or our testamentary counsellor can now be kept by
MTB. No longer would you need to worry about where to keep your Wills as
there would be confidentiality and no
easy access by any unauthorized personnel.
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The risk of the Will being
destroyed accidentally is minimal. With MTB being a trust corporation
you can rest assured that your Wills are in safe custody. MTB would be able to act as trustee, administrator, executor and in
trust related dealings.
Should you to engage any of the MTB services below, kindly contact us.
Custodian of Will Fees by MTB
- Where Malaysian Trustees Berhad (MTB) is appointed as Executor:
Custodian Fee (MTB is executor)
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Amount Payable by Client
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Yearly
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RM 60
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Lifetime
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RM 600
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- Where Malaysian Trustees Berhad (MTB) is NOT appointed as Executor:
Custodian Fee
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Amount Payable by Client
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Yearly
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RM 80
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Lifetime
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RM 800
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- Acceptance Fee (applied when MTB is the appoint executor):
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Amount Payable by Client
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Acceptance of Custody / Vetting Fee
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RM 100
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- Acceptance Fee (applied when MTB is the appoint executor):
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Amount Payable by Client
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Acceptance of Custody / Vetting Fee
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RM 100
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- Acceptance Fee (applied when MTB is the appoint executor):
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Amount Payable by Client
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Acceptance of Custody / Vetting Fee
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RM 100
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- Administration of ESTATE resulting from Execution of Will:
MTB is appointed as Administrator / Executor / Trustee
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Amount Payable by Client
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At administration
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1.0% of the value of estate*
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Yearly
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0.8% of the value of estate*
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- Trustee in insurance proceeds:
MTB as Trustee in Insurance Proceeds
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Amount Payable by Client
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At administration
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1.0% of the value of estate*
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Per Policy
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RM 500
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Yearly
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0.8% of the value of estate*
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* Subject to a minimal of RM 3,000.00 per trust and a maximum of RM 65,000.00 per trust.
NOTE:
The above is according to the rate of Malaysian Trustees Berhad and it is subjected
to change by Malaysian Trustees Berhad.