OSS Planning & Services updated NEWPAGES Profile
May 22, 2024 at 10:24 am —
OSS Planning & Services updated NEWPAGES Profile
May 22, 2024 at 10:24 am —
OSS Planning & Services added new photo in Will-Writing Services
May 15, 2024 at 05:41 pm —
Probate and Letter of Administration Application

Probate and Letter of Administration Application

Probate and Letters of Administration Application Services When a person dies, their estate, which includes all their assets and liabilities, must be managed and distributed according to their will or the laws of intestacy if there is no will. Probate and Letters of Administration are the legal processes involved in this. Here is a detailed description of these services: Probate Services Probate is the legal process by which a deceased person's will is validated and recognized by the court, and the executor named in the will is given the authority to administer the estate. Services Provided: Will Validation: Ensuring the will is legally valid and represents the deceased’s final wishes. Executor Support: Assisting the executor with their duties, which include gathering assets, paying debts and taxes, and distributing the remaining assets to beneficiaries. Court Filings: Preparing and filing all necessary documents with the probate court. Asset Valuation: Assisting in the valuation of the deceased’s assets. Debt Settlement: Managing the payment of any outstanding debts and taxes. Distribution of Assets: Overseeing the distribution of assets according to the will. Legal Representation: Providing legal representation in probate court if disputes arise. Letters of Administration Services Letters of Administration are granted when a person dies without a valid will (intestate). This document authorizes an administrator to manage and distribute the deceased’s estate. Services Provided: Intestacy Law Guidance: Advising on the laws governing the distribution of estates when there is no will. Administrator Appointment: Assisting in the application for Letters of Administration to appoint an estate administrator. Estate Administration: Helping the administrator with their responsibilities, similar to those of an executor in probate, including asset collection, debt payment, and asset distribution. Court Submissions: Preparing and submitting necessary documentation to the court to obtain the Letters of Administration. Asset Inventory and Valuation: Cataloging and valuing the deceased’s assets. Debt and Tax Management: Ensuring debts and taxes are paid from the estate. Beneficiary Identification: Identifying and locating rightful heirs according to intestacy laws. Legal Support: Providing legal advice and representation in court, especially in case of disputes among potential heirs. Why Use These Services? Expertise: Professional services bring expertise in estate law, which can help avoid costly mistakes and delays. Efficiency: Experienced practitioners can expedite the process, ensuring timely administration and distribution of the estate. Peace of Mind: Hiring professionals can reduce stress and emotional burden on the family during a difficult time. Legal Compliance: Ensures that the estate is managed in accordance with the law, reducing the risk of legal challenges. In summary, Probate and Letters of Administration application services provide essential legal support and guidance in managing and distributing a deceased person's estate, whether there is a will (probate) or not (letters of administration). These services ensure that the process is handled smoothly, efficiently, and in compliance with legal requirements.   Other than Will Writing services, we also offer a full range of estate planning services, family business succession plan and many more. If you are looking for a reliable Estate Planning, Will and Trust company in Malaysia, look no further and get in touch with us now!   read more
OSS Planning & Services added 4 new photos in Estate Planning
May 15, 2024 at 05:30 pm —
Islamic Estate Planning
Bereavement Care
Offshore Estate Planning
Offshore Corporate Services
OSS Planning & Services added 6 new photos in Trust Services
May 15, 2024 at 04:56 pm —
OSS Planning & Services added new photo in Will-Writing Services
May 15, 2024 at 02:39 pm —
Foreign Will Writing

Foreign Will Writing

Foreign Will Writing Service Owning assets overseas has become increasingly common nowadays, especially for the higher income group. However, after acquiring those assets, many are unaware of the issues of inheritance and legal complications in respect of administrations of foreign assets upon their demise. Even if they do, chances are that they may include all their assets into the same Will regardless of where those assets are located. Due to the different laws and foreign jurisdictions that can apply, handling assets for distribution to your loved ones can be very tricky. This could also cause delay because the Malaysian probate must be obtained first, then followed by subsequent applications for probate in the other countries, whether by way of resealing of the Malaysian probate or fresh applications for probates. This would simply mean additional costs and expensive foreign legal fees would be incurred. More importantly, beneficiaries will inherit less. Advice from a local expert Through working with our associates and connections, we can organise the preparation of the foreign Will by the appropriate legal counsel for the client’s approval and thereafter for his execution here in Malaysia.   Faster and simpler procedure Without having to wait for the Malaysian probate to be granted first, the foreign Will can be used for probate application in the relevant court, thus saving a lot of time and also eliminating the risk of resealing of Malaysian probates being rejected because of technical issues.   Low legal cost If a foreign Will was written to include assets in that country and written in the language of that country in accordance with the laws there, the route to obtain probate in the future would generally be a lot smoother and cheaper. The beneficiaries will inherit more.   Wide area of coverage We are offering foreign Will Writing services to clients owning assets overseas through our network of associate estate planning professional firms based in Australia, China, Hong Kong, India, New Zealand, Singapore, United Kingdom, United States, Vietnam and other countries.   Other than Will Writing services, we also offer a full range of estate planning services, family business succession plan and many more. If you are looking for a reliable Estate Planning, Will and Trust company in Malaysia, look no further and get in touch with us now!   read more
OSS Planning & Services updated website's banner
May 15, 2024 at 01:55 pm —
OSS Planning & Services updated website's banner
May 15, 2024 at 01:52 pm —
OSS Planning & Services updated website's banner
May 15, 2024 at 01:48 pm —
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