Will Writers Ipoh
Too often we have heard this sad statement, “I should have…”
The blood test results are out and we hear regrets like, “I should have… done this test regularly”, “I should have… controlled my diet”, “I should have… seen a doctor earlier instead of procrastinating”. All these “I should haves…” are expressions of regret and show that prevention is better than cure. If we want to be the architect of our own life and to design our destiny, then we must take action to control and prevent unpleasant things from happening.
One of the “I should have…” statements we can avoid would be to ensure we have written a WILL. By writing a WILL, you are able to appoint your EXECUTORS and GUARDIANS for children who are minors. Sometimes loving parents assume that if they pass away, their parents or even their brothers or sisters would automatically be the guardians of their minor children. Sadly, this is a false assumption. They have to be appointed before they can act. If no guardians are appointed under the WILL, then guardians will have to be appointed by the Court by application.
Under the Guardianship of Infants (Amendment) Act, 1999, the mother of an infant child is given equal rights with the father on matters relating to the custody or upbringing of a child. With the amendment, a parent can actually appoint someone to be a guardian for the child who is a minor and also to act jointly with the surviving parent. This helps to allay the fears of those who cannot trust their spouse/ex-spouse for whatever reasons to bring up the child alone.
Wouldn’t it be extremely important if we can plan for the future to protect our children and avoid the “I should have…” situation? Therefore, why not take the first step to protect your family by writing a WILL?
Peter Lee is an Associate Estate Planning Practitioner (WILLS & TRUST) with Rockwills International Group.
He is also an Islamic Estate Planner providing Wills & Trust services for Muslims. He can be reached at 012-5078825 or at excelsec@streamyx.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
Category: Rockwills
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