It’s All In The Planning!

Dear reader,
Thank you for visiting this blog on the WordPress server.
For the past year, I had been penning my thoughts here but effective mid-July, I have moved my blog to its new home at ssquah.activeknights.org
Please click here to take you to the new home of It’s All In The Planning!
Regards
Quah, Seng-Sun
Penang, Malaysia

Every now and then, we are reminded about the unresolved inheritance issues affecting all the races in this country. No one is immune.
Just today, Minister in the Prime Minister’s Department Datuk Seri Mohd Nazri Aziz mentioned again that the estate value of deceased Malaysians that remained unclaimed due to unresolved beneficiary issues has reached RM40 [...]

Yes, it is now official. The legal suits that Rockwills Corporation and OSK Trustee had been hurling at one another have been settled amicably. Both parties have agreed to withdraw them.

Many of you will realise that most of the articles I write here, in my It’s All In The Planning blog, are concerned with various aspects of financial planning - be it investment planning (while you are still alive) or estate planning (usually undertaken some time after you are dead) or something else.
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My sister-in-law called me this morning to tell me the good news.
The title deed to her house in Simpang Ampat, Penang, was finally with her. It had been a patient wait of almost five years to complete the estate administration process after her husband’s death.
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I’ve been hearing on the ground that the court cases between Rockwills Trustee Berhad and OSK Trustee Berhad are heading for settlement soon. An out-of-court settlement perhaps, with both sides dropping all claims?
Click here to read the rest of this post on my new It’s All In The Planning blog.

This article appeared in the New Straits Times on 14 Apr 2007, produced here verbatim:
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One of the perils of dying intestate - that is, when a person dies without writing a Will - is that during the application for a Letter of Administration, the judge may suddenly require the would-be Administrator to produce two guarantors.
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I first saw this picture of Hong Kong billionnaire and Asia’s richest woman, Nina Wang, way back in 2001 when she was involved in a high-profile court battle with her father-in-law for control of her husband’s business empire.
Today, “little sweetie” is dead, aged 69, reportedly from ovarian cancer that had spread to her other organs.
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This just in … a follow-up news item in today’s New Straits Times. Again, I’m reproducing it verbatim:
 
KUALA LUMPUR: Rockwills Corporation Sdn Bhd, a company which writes wills and trusts, applied to the High Court yesterday for permission to use information and documents seized from a rival company, to lodge reports.
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This just in … a news item in today’s The New Straits Times. I’ll be reproducing it verbatim and won’t be making any comments on it as the item is self-explanatory:
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I had a telephone call from a friend last week. He was telling me about the problems that one of his friends, a lady, was facing since the death of her husband several years ago.
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Venerable Suvanno’s booklet How A Theravadin Buddhist Chinese Funeral May Be Conducted, which is available as a downloadable pdf e-book, is an interesting read. In it, the Bhante advocated on keeping a Buddhist funeral simple, meaningful and dignified.
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I read this in The Star this morning. This has such relevance to my blog posting yesterday on failing marriages.
In this news item, the Deputy Finance Minister, Dato Dr Ng Yen Yen, reminded divorced women to remove the name of their ex-husbands from their EPF beneficiary lists or otherwise if they were to die, their [...]

Separation and divorces are always painful episodes in people’s lives when marriages get stormy and do not work out.
I would always recommend that couples undergoing this crisis should sit down with professional marriage counsellors in an attempt to mend their marriages. Friends are excellent sources of sympathy but often, it is difficult for them to [...]