Stephanne Foong, Founder of Celebrity’s Will, Your Will Be Done and Business Succession Planning has officially launched her first Celebrity’s Will video.
Click on the link below today and check it out.
Click here for Celebrity’s Will Video
Guardianship is the management by an adult of the person and property of either a minor or an insane or disabled adult.
In Islam, guardianship must be distinguished from custody. Guardians and custodians of children have separate and distinct rights and responsibilities. Whereas a clearly identifiable male relative of the child has priority over the guardianship of a child, it is the female close relative who is invariably given custody of such child.
There are two categories of guardianship :
According to the Islamic Family Law (Federal Territories) Act (s.88) which is in consonance with that of the Shafie School, priority of guardianship is in the following descending order:
Check out the full details of their services to act as Guardian of a ward’s property. Please contact Stephanne Foong at stephanne_foong@yahoo.com. She is the Founder of the highly successful and highly specialized Your Will Be Done and WASIATku and Co-Founder of Business Succession Planning
What is Ashabul Furud? Ashabul Furud refers to heirs receive their estate according to Islamic rulings (Al-Quran, Al-Sunnah or Ijmak). Furud is stipulated in the Al-Quran.
For more information, please contact Stephanne Foong at stephanne_foong@yahoo.com. She is the Founder of the highly successful and highly specialized Your Will Be Done and WASIATku and Co-Founder of Business Succession Planning
Republished with permission from Stephanne Foong, Founder of Your Will Be Done, WASIATku and Celebrity’s Will & co-Founder of Business Succession Planning
For Illustration Purpose only
A testator has absolute testamentary freedom to leave his property to anybody he chooses, the only exception being Section 3(1) of this Act provides that a category of persons who have been dependent on the testator and who have been left out of his will to apply for reasonable maintenance.
Thus a testator must make “reasonable provision” for the maintenance of a dependant fall under the following category:
If a testator who chooses not to provide for this category of people, he has to attempt to state a “valid” reason, and as to what suffice as “reasonable” or rather “unreasonable” will be the basis of claims of the dependent.
Section 3 of the Inheritance (Family Provision) Act 1971 confers a statutory right on a surviving spouse and infant children or dependants incapable of maintaining themselves to apply to court to order a payment out of the net estate of the deceased for their maintenance, unless the surviving spouse and children are already entitled to more than 2/3 of the deceased’s estate.
The testator needs to take note that he cannot dispose of more than 1/3, if the remaining is not enough to maintain the surviving spouse and/or children.
This Act applies to non-Muslims only, domicile in Malaysia.
Do you understand what’s written above? If not, it’s perfectly ok. Just contact us for clarification.
For more information, please contact Stephanne Foong at stephanne_foong@yahoo.com. She is the Founder of the highly successful and highly specialized Your Will Be Done and WASIATku and Co-Founder of Business Succession Planning
This famous child actor Gary Coleman, died at age 42 May 2010, giving the world attention to mercy killing, and leaving with him wills and codicils.
He has different Wills benefitting different people and naming different executors.
Coleman’s ex-wife, Shannon Price, contest the 1999 will, claiming Coleman wrote up a will during their marriage in 2007 that leaves her everything.
The result was the estate is still in contest (between his parents, ex wife Shannon Price & business partner Anna Gray) and his ash is staying in the solictor’s office.
Do not keep the old wills! Many claim to keep old wills for reference or for sentimental reasons. However, having too many copies of signed wills dated differently and contents differently, will give opportunities for others to contest.
Eg a major beneficiary to an older will of a testator may want to contest the later will, as the same person no longer benefits or benefit lesser according to the newer will. Thus he may want to contest the newer will from whatever angles possible including the state of the testator was of unsound mind, signing the later will etc.
For more information, please contact Stephanne Foong at stephanne_foong@yahoo.com. She is the Founder of the highly successful and highly specialized Your Will Be Done and WASIATku and Co-Founder of Business Succession Planning
Nina Wang, once Asia’s richest woman, died of cancer in 2007 at age 69. The fortune held through her private Chinachem Group has been estimated at around HK$100 billion (US$12.8 billion).
The High Court ruled in February 2010 in favor of a will dating from 2002 that left Wang’s estate to a charity she and her late husband founded in 1988.
The bitter dispute, which pitted Chan against the charity run by Wang’s family, fascinated Hong Kong with its juicy revelations of Chan’s affair with Wang, who was nicknamed “Little Sweetie” for her girlish outfits and pigtail hairdos.
The trial judge, however, described the 51-year-old former bartender as an opportunist who knew how to ingratiate himself with others. A day after last year’s ruling, Hong Kong police arrested Chan in connection with document forgery before releasing him on bail.
The High Court in Hong Kong ruled on February 2010 that Mrs. Wang’s fortune should go to her charitable foundation, dismissing the claim from Tony Chan. It has also been proved that Tony Chan has forged the so-called “documents” which supposedly claims that he was to inherit all of her wealth.
For more information, please contact Stephanne Foong at stephanne_foong@yahoo.com. She is the Founder of the highly successful and highly specialized Your Will Be Done and WASIATku and Co-Founder of Business Succession Planning
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