ESTATE ADMINISTRATION PROCESS
You have no idea how to undergo the estate administration process to claim the estates of your beloved family member ? Wasiyyah Shoppe Berhad can assist you.
Wasiyyah Shoppe Berhad is a Shariah compliance trustee company with 16 years of experience in providing estate administration services to Muslim in Malaysia since our inception in 2004. We are experience in assisting Muslims in Malaysia going through the estate administration process at:
- Small Estate Distribution Office (estates valuing less than RM2 million with immovable assets)
- Civil High Court (estates valuing more than RM2 million)
- Syariah High Court (for matters relating to Shariah Law)
The scope of our service is up to the level of obtaining the Surat Kuasa Mentadbir and Perintah Pembahagian ( Small Estate Distribution Office) and the Grant of Probate/ Letter of Administration and Distribution Order ( Civil High Court ). Wasiyyah Shoppe Berhad can also helps the heirs in registration of the Perintah Pembahagian and Distribution Order.
WHAT ARE THE CHALLENGES OF ESTATE ADMINISTRATION PROCESS IN MALAYSIA ?
Complicated estate administration process
Upon demise of a muslim, their heirs will need to undergo both Shariah law process and Civil law process in order to claim the deceased estates. Shariah court’s jurisdiction including issuance of faraid certificate and determining the rights of related parties via will, hibah or claim on matrimonial assets. Civil law jurisdictions entails powers of Amanah Raya Berhad, Small Estate Distribution Office and Civil High Court. More than often, the heirs will find the processes involves complicated and difficult to comprehend.
Expensive estate administration fees
According to section 43 Probate and Administration Act 1959, any parties acting on behalf of the heirs to execute the estate administration process can charge up to 5 % from the gross estate value of the estates as their estate administration fee. This fee is not inclusive of other disbursement fees that may be incurred along the process.
In most cases, the heirs facing time constraints due to career, personal life and family life. They do not have the luxury of time to take the initiative to visit all the relevant government agencies to complete the documentation’s requirement to apply for the estate administration process.
Dispute among heirs
Another challenge to the estate administration process is dispute among heirs that may arises due to lack of knowledge in relation to faraid law and hukum of estates in Islam. Dispute may prolong and increase the cost of the estate administration process not to mention severity to the heirs relationship
Wasiyyah Shoppe provide a relatively competitive charges in the market to assist you in the estate administration process.
SERVICE SOLUTIONS PROVIDED
Wasiyyah Shoppe Berhad provides heritage management services at a very low charge compared to other professional organizations in the market.
ATTEND WASIYYAH SHOPPE BERHAD OFFICE
Heirs can contact the office and make an appointment with our professional Legal Officer to get advice on inheritance management for FREE.
ESTATE ADMINISTRATION PROCESS
Inheritance management fees charged by Wasiyyah Shoppe Berhad are based on the value of the deceased’s property whether it is more or less than RM2 million. Our charges are much cheaper than other organizational charges because we do not charge a percentage according to the current value of the deceased’s estate.