OSS Planning & Services
69-01, Jalan Anggerik Emas 1,
Taman Anggerik Emas,
81200 Johor Bahru.

 +6016-7173533 Caryn Dong
 +6012-7119693 KC Lim
 +6013-7431314 Vincent Ler
 +6012-7291131 Edves Koh


KL Office:
35-1, Jalan Seksyen 3/8,
Taman Kajang Utama,
43000 Kajang,
Selangor, Malaysia.
 +6012-3809968 Ivy Tan
 +6012-3373938 Sky Lim
 

Business Hours
Monday - Friday
9:00 AM - 5:30 PM
Saturday - Sunday
Closed

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Lock in Price Now?

Are you worried that in future costs will go up and burden your loved ones? You can solve this though a special service called UPrepare.
 

ESTATE ADMINISTRATION SERVICES


I am worried that costs will go up and burden my family.

What Is UPrepare?
UPrepare is an Estate Administration Services Package offered by Rockwills Trustee Berhad to save estate administration cost and speed up the distribution process.
There are many matters to be settled by an executor before distribution. These include collecting all immovable and movable assets [including bank accounts, vehicles, shares in companies, unit trusts, house etc]; settling the debts of the deceased [including income tax and loans]; and applying for grant of probate and submission of the relevant documents to the High Court; dealing with government authorities and financial institutions.
Appoint us as your executor and buy our UPrepare packages and your family members are saved from all the above inconveniences!
Unique Features of UPrepare:
  • Enjoy today's estate administration rates and hedge against inflation so that your estate is not affected by future rates increase;
  • Enjoy preferential rates through our strategic alliances with professionals such as lawyers, tax consultants, fund managers, accountants and property agents;
  • All the benefits of UPrepare are transferable to any person during your lifetime for a transfer fee of RM100 only;
  • Nationwide access to our Rockwills Estate Planners;
  • Prevent unnecessary delays to distribute the estate to you loved ones;
  • Making the necessary arrangements for legal representation to apply for Grant of Probate;
  • Professional support from experienced and practical professionals within Rockwills Trustee.

UPrepare Types & Benefits

There are two types of UPrepare i.e. UPrepare Diamond and UPrepare Jade 2. Each provides different benefits:
 


Area UPrepare Jade 2 UPrepare Diamond
Price RM 1,200 RM 1,800
Refund of UPrepare Subscription Fee Not Applicable Subscription fee of UPrepare will be refunded when estate administration fee charged for the first year is above RM6,000
Executor Appointment Fee


 
Waived for
  • Sole Executor appointment; or
  • 1st Substitute Executor appoinment provided UPrepare is subscribed within 90 days from the date of Will
RM120 is payable for Second or Third Substitute Executor Appoinment
Estate Administration Fee Discount
  • Gross estate value above RM500,000 to RM10 million: 15%
  • Gross estate value above RM10 million: 30%
Period of Fixed Estate Administration Rates Perpetual
Private Trust Administration Discount
(includes Testamentary Trust)   
20%
(Where Trust Fund size is above RM100,000)
Transferable to Living Person Yes
(with a RM100 transfer fee charged)

In the process of estate administration, the role of executor is very important. Do not know who to appoint as executor? Refer to the table below on pros & cons of appointing different individuals as your executor.

Executor

Issue
Individual Lawyer Trustee
Company
Bank-
owned
Non-bank
owned
RWT
(Licensed Trustee
Company)
Continuity in executor role X-illness,
incapacity,
senility,
death
See
individual




Continuity in business
-
May give
up business

?
? - some
banks
stopped
? - some
discontinued

 Completency ? -
competent
may not be
experienced

See individual

?

?

?

Experience ? " ? ? ?
Commitment ? ? ? ?
Confidentiality ?
Security - safe from loss or damage? ? See individual ? ? ?
Traceability - for asset  discovery, rent recovery, etc ? "
Accountability - accounting and tax ? "
Internal controls - to minimize fraud and errors?
?

"

?

?

?
See our corporate
governance
structure
Cost - expensive? Allowed
under law
to charge up
to 5 %
" Ranges
from
1.5% to
1.4%

1.5% to
1.4%

1.5% to 2%

See table 0.5 to
1.8%
Speed? ? " ? ? ? Internal monitoring
to minimize delay
Heart - not caring enough? ? " ? ? ? Many instances of
extra mile
Financial safety - assets kept separate from own? ? "
 
Financial safety - what if bankrupt?
? " ? Banks
may also
fail. Trust
assets go
to another
licensed
trust
company.
Trust assets
go to
another
licensed
trust
company.
18 years, strong
balance sheet,
strong
shareholders,
trust assets go
to another
licensed trust
company.
Comprehensive? x x ? x x √ Will, custody,
trustee services,
trust/ estate
administration,
bereavement
care, offshore
services &
estate planning
advice.



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