The system allows for the inclusion of legal guardians and testamentary trusts:
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Navigate to the "Legal Guardians and Testamentary Trust" section
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Specify legal guardians as needed
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For a testamentary trust, use the specific identifier provided
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Determine who will receive the trust
A testamentary trust can be used in conjunction with providing for beneficiaries. If a beneficiary is also a legal guardian, this can be specified. If you wish to purchase a testamentary trust service, you may need to generate a new will, as the trust will be included in the will document.
Frequently Asked Questions
Q: Can I appoint legal guardians for minor children?
A: Yes, there is functionality to specify legal guardians within the system.
Q: How do I set up a testamentary trust?
A: You can set up a testamentary trust using a specific identifier. You will need to specify the recipients of the trust. Purchasing trustee services for a testamentary trust may require generating a new will.
Q: Can a beneficiary also be a legal guardian?
A: Yes, the system allows you to designate a beneficiary as a legal guardian.
Q: Does the spouse automatically become the Legal Guardian by default?
A: No. In the context of the Will, the spouse does not automatically assume the role of Legal Guardian. You must explicitly appoint them in the system.
Correct Action: Enter the Spouse’s name as the 1st Guardian, and list other candidates as the 2nd and 3rd Guardians.
问 :配偶(太太/丈夫)会自动成为法定监护人(Legal Guardian)吗? 答: 不会。在遗嘱规划中,配偶并不会自动成为法定监护人。您必须在系统中明确委任。正确操作: 请将配偶列为第一监护人 (1st Guardian),并将其他替补人选列为第二及第三监护人。
Q: Under "Children’s Maintenance Fund," do I enter the amount per child or the total for all children? A: You must enter the cumulative total for all children. Example: If the allocation is RM1,000 per child and the testator has 2 children, you must enter RM2,000 as the total fund needed.
问:在“孩子抚养费”(Children’s Maintenance Fund)一栏,是填写一个孩子的费用,还是所有孩子的总数? 答: 您必须填写所有孩子的总金额 (Cumulative Total)。例子: 如果计划给每个孩子 RM1,000,而立遗嘱人有 2 位孩子,您必须在系统中输入 RM2,000。
Q: If I select "Monthly Payment" as the mode of distribution, who holds the funds? A: It depends on who is appointed as the Trustee/Executor:
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Corporate Trustee: The Corporate Trustee will claim the insurance payout, hold the lump sum, and distribute the monthly allowance to the Guardian until the funds are exhausted.
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Individual Executor: The lump sum is paid directly to the Executor. The Executor is then personally responsible for holding the funds and distributing them monthly according to the instructions in the Will.
问:如果选择“按月支付”(Monthly Payment),这笔资金由谁保管和分发? 答: 这取决于您委任了谁作为受托人/执行人:
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信托公司 (Corporate Trustee): 信托公司将领取保险赔偿金并保管总额,然后按月将指定的生活费转入监护人的户口,直到款项用完为止。
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个人执行人 (Individual Executor): 赔偿金将一次性支付给个人执行人。该执行人有责任保管这笔钱,并根据遗嘱中的指示,按月分发给监护人。
Q: If the spouse is the 1st Executor and a Corporate Trustee is the 2nd, can the spouse pass the duty to the Corporate Trustee later? A: Yes, the spouse can step down and allow the Corporate Trustee to take over. However, the spouse must officially renounce their executorship. Important: This renunciation must be done before applying for the Grant of Probate.
问 :如果配偶是第一执行人,信托公司是第二(替补)执行人,将来配偶可以将职务转交给信托公司吗? 答: 可以,配偶可以退位并让信托公司接手。但是,配偶必须正式签署文件放弃 (Renounce) 执行人资格。
- 重要提示: 此放弃手续必须在申请遗嘱认证 (Grant of Probate) 之前完成