Would you want to write a will now?
By kevchua
@kevchua (1004)
Malaysia
August 30, 2009 7:45am CST
Will-writing is now a big business. We used to believe that writing a will is for the wealthy and for those who are on the verge of dying of an illness or of old age. However, this is not the case anymore. In fact, anyone who has assets is encouraged to write a will so that there will be a beneficiary in case something untoward happens unexpectedly. What do you think of this?
Would you write a will soon, or would you wait till you're much older?
1 person likes this
4 responses
@Iriene88 (5343)
• Malaysia
1 Sep 09
Dear ibuemma,
It is good that you check with your insurance agent.
As I know, insurance policy have that part called
'beneficiary'..that is very good, no ones can fight
against it! Btw, also make sure our EPF have a beneficiary
too.
Better be prepared when money is concerned...
family can become enemy..we do not want this to happen!
All the best and take care!
@Iriene88 (5343)
• Malaysia
1 Sep 09
Dear kev,
Many thanks for bringing up this matter
that has been bugging me for years. It is
advisable to write a will now...you can always
change it later.
No one knows when is the 'day' we are leaving,
therefore, I would strongly recommended to write
a will. Malaysian law is very ???, do you know that
our love ones (wife and children) can be deprived
from what supposed to be theirs? Our siblings and
parents can claim the share of our assets too.
Who know people's heart, right...when MONEY is concerned!
Thanks and I think I better write one for 'stand-by!'
@Iriene88 (5343)
• Malaysia
1 Sep 09
Dear Kev,
You are absolutely right, that is what they normally says!
What you mentioned here is so common among our
Chinese society...they never learn!..
I think I better advise my husband again, thanks for
this reminder :)
...Kev.... many thanks for the BR, truly appreciate it!
You make me from this 
to.... 
All the best and keep in touch!
to....
All the best and keep in touch!@kevchua (1004)
• Malaysia
1 Sep 09
Hi Iriene, that's why I'm bringing up this matter. I fear that people still live in the "Stone Age" where you don't write a will until the very last few days of your precious life. And worse still, when you tell people that you want to write a will, they'd scoff at you and say things like "Whatever for? You're not going to die yet." or "No need lah, you have no property to distribute." - things like that.
1 person likes this
@submerryn (1304)
• Malaysia
30 Aug 09
Hello kev,
My husband has always contemplated to write a will but never has a chance to make it happen. It is as important to have as it is important to have insurance.
1 person likes this
@kevchua (1004)
• Malaysia
31 Aug 09
Hi SubMerryn, for things like will-writing, it's best not to wait. People say "Procrastination is the thief of time" - indeed, the more you wait, the more likely you will not do it. The unexpected can happen (touch wood) when we least expect it to happen. :)
Cheers!
1 person likes this
@vandana7 (102698)
• India
30 Aug 09
Will almost always causes bad blood in the family, doesnt it? Parents are expected to love their children equally. But when writing a will comes, one gets more than the other. It may be because that person took care of the parent, or it could be because that child did not fare as well in life as the other children. Whatever be the parent's reason for writing such will, invariably they sow the seeds of resentment and envy. Even if there is no will, it is not guaranteed that there would be no underhand dealings to deprive one of the siblings of his or her rightful share. I wish we had better way of dealing with this. :(
@kevchua (1004)
• Malaysia
30 Aug 09
Hi vandana. I get your point. However, the purpose of the will is not to cause resentments among siblings or family members. Therefore, the person writing the will has to be fair to ALL whether every one likes it or not. If there was no will, the would be more resentments and bigger fights because there's no written documents to dictate who should receive what. Without a will, there is a possibility of a long legal battle (with your siblings) to secure assets that are rightfully yours.
