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Sunday, September 23, 2007

Making a Will

Making a will at a certain point of your life is very important so that your wealth or estate will not be frozen. It is not just meant for rich people only? We all have bank accounts, properties(owned or joint name), car, shares, jewelleries etc etc.

As stated at OSK Will Writing website:
Under the law, when a person passes away, without a will, all his/her wealth would be frozen. In other words, monies in the deceased person's bank accoungs will be inaccesible, houses cannot be transffered and share cannot be sold.
Writing a Will would allow a person to unlock the frozen assests and pass on their accumulated wealth to their loved ones in the shortest possible time to allow them to carry on with their lifestyle.

With a Will, a person can:

- State their intentions vlearly on how they wish to hand down their assets
- Appoint the persons of their choice to carry out their intenetions
- Save their loved ones from unneccesary hardship and costs.
I had recently consulted my company secretary/lawyer about writing a will as I do not have one. He sent me an 18pages of forms to fill up and the costs is about RM380.00 onwards. Have you done yours?

Or have your ever seen one yet, I havent too. If no, Below is one by the riches man on earth, Mr Bill Gates.



7 comments:

  1. havent get one for myself too...but thinking of it make me scared..

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  2. Sasha: Ya, me too. Thats why I havent done it till today. But this time is serious, I will get mine done. :)

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  3. Anonymous3:36 PM

    No worries for me yet. No net worth other than those earned through blogging.

    The Gate's will is funny! Lolz...

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  4. Hi Sam,

    I agree making a will is important. I had listen to a presentation about this matter. Still waiting for the appropriate time... Thanks for the reminder!

    Hey!.. You got a copy of Bill Gate's will!? That's interesting.

    Blessings
    Let's Acquire Wisdom and Live with Passion

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  5. Uncle Sam, how you managed to get Bill's will. That's awesome :)

    I'm scare thinking of doing up a will. I've obviously not done mine. Thanks for the reminder :)

    Janice Ng

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  6. bill gates didn't leave a single cent to his kids and instead donating his fortune back to the society.

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  7. Yea, that Bill Gate's will is so so so ridiculous... Use half of his wealth to buy gold?! And wait for rebirth?!

    Anyway, a nice joke!

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