WASIAT, MEANING AND IMPORTANCE
>> Thursday, February 25, 2010
A. Do you know that rm40 billion worth of malay asset is still freeze i.e. untransferable?.
B. Have you check on your financial liability lately? What will happen if you deceased? Debt to ALLAH?
(fidyah, kifarah,zakat,puasa, dam,hajj) Who will help you to settle your debt? (Settling debt is still compulsory even to the death)
Do you fall’s under one or more of this category?
1) have foster children
2) have only daughter/s
3) incapable children
4) Poligamy
5) Converted to muslim
6) No heir
7) child born out of wedlock
Have you done your faraid calculation? Anything wrong?
These are only a few issues out of thousand issues that we as Muslim might have often neglect. We might think that it everything would be smooth, or let the living will / might settled everything for us because it doesn’t concern us anymore.
THIS IS WHERE YOU ARE WRONG!
Human being /Muslims generally have the intention to preserve, protect and distribute his hard-earned assets for the benefit of his loved ones once he departs for the hereafter.
Due to it, we establish products to cater these needs and intentions:
1) Wasiat Writing
2) Appointment as Executor
3) Admin of Intestate Estate
4) Declaration of Harta Sepencarian
5) Trusteeship
6) Hibah
7) Pri-Hibah
8) Wakaf Documentation
9) Guardianship
10) Custodian of Documents
