Christmas Day set lunch & dinner
Tag: peter lee rockwills
Midway through the family meeting in Dave’s office, both Mrs Patricia Lee (Lee Sr’s first wife) and Connie (Lee Sr’s 2nd wife) stepped out from the meeting room. Connie quickly called her lawyer, May, to write a letter for her to be sent to ZNA Bank, Singapore on the same day to freeze the joint bank accounts
By Peter Lee Since Connie (Lee Sr’s 2nd wife) could not agree with the suggestion by Mrs Patricia Lee (Lee Sr’s first Wife) to renounce her claim to the joint bank accounts between Lee Sr. and Mrs Patricia Lee in ZNA Bank, Singapore which amounts to S$3 million, Mrs Patricia Lee further asked Connie “So, […]
As all the beneficiaries of Lee Sr’s estate agreed to proceed with the application for the Letter Of Administration (L.A), Dave (Lawyer) said, “While I am applying for the L.A., I would advise the Administrators, namely: John, Michele (children of the first family) and Connie (Lee Sr’s 2nd wife) discuss issues in relation to the money in the bank accounts especially those that are under the joint names of Lee Sr and Mrs Patricia Lee (Lee Sr’s first Wife) in which Mrs Patricia Lee intends to keep
After the signing was completed, Dave then told the beneficiaries that he would need a down payment of RM5000 for the time being to apply for the L.A. in Malaysia
One week after the last meeting, all the beneficiaries, namely: Mrs Patricia Lee (Lee Sr’s first Wife) and her children, John Lee, Nick Lee, Steven Lee, Michele Lee, Nancy Lee and Sandy Lee together with Connie (Lee Sr’s second wife) and her minor children Steve, Jimmy and Jennifer gather at Dave’s (Lawyer) office to sign the relevant documents to kick start the application for the Letter of Administration (LA).
As Dave had completed the discussion on gathering of Lee Sr’s estate with the Administrators namely, John, Michele and Connie, he told the Administrators to inform all the beneficiaries to be ready in a week’s time to sign all documents with regard to the filing of the Letter of Administration
After discussing with Dave (Lawyer) about the properties especially those that are mortgaged to the bank in Lee Sr’s estate, the Administrators of the estate namely, John, Michele (children of Lee Sr.) and Connie (2nd wife of Lee Sr.) will now have to discuss and figure out where to source for funding for the on-going instalment payment. This is because they cannot utilize the money from the estate as the Letter of Administration (L.A.) had not yet been obtained. In the meantime, Dave moved on to the shareholdings of Lee Sr. in all of his private limited companies
“Since we have discussed about all of Lee Sr’s bank accounts and investments locally and overseas, I would like to move on and talk about the properties solely or jointly owned by him,” said Dave.
By Peter Lee With the bank information disclosed by John and Michele (children of Lee Sr) and Connie (Lee Sr’s 2nd wife), Dave pointed out to them that since overseas bank accounts were involved, it is advisable to apply for a separate Letter Of Administration (L.A.) in these overseas countries like Singapore, Australia and U.K. […]
With the disclosure of the bank account under the sole name of Lee Sr, Dave then moved on to the joint bank accounts with different family members.