Estate Administration Services
I am worried that costs will go up and burden my family.
What Is UPrepare?
UPrepare is an Estate Administration Services Package offered by Rockwills Trustee Berhad to reduce the costs of estate administration in the future.
There are many matters to be settled by an executor before distribution is made to the beneficiaries. These include collecting all immovable and movable assets [including bank accounts, vehicles, shares in companies, unit trusts, house etc]; settling the debts of the deceased [including income tax and debts]; and applying for the grant of probate and submission of the relevant documents to the High Court; dealing with various government agencies and financial institutions.
By appointing us as your executor and buy our UPrepare packages, your family members are relieved from all the above inconveniences!
Unique Features of UPrepare:
- Enjoy the lower estate administration rates to hedge against inflation and annual discounts on estate administration rates when we act as your executor.
- Enjoy annual discounts on trust administration rates when you have a trust with us.
- UPrepare and is benefits are transferable to any person during your lifetime for a transfer fee of RM100 [subjected to 6% GST] only.
- Prevent unnecessary delays to distribute the estate to your loved ones as Rockwills Trustee Berhad is appointed as the executor.
- Professional support from experienced and practical professionals within Rockwills Trustee.
UPrepare Types & Benefits
There are two types of UPrepare i.e. UPrepare Diamond and UPrepare Jade 2. Each provides different benefits:
|Area||UPrepare Jade 2||UPrepare Diamond|
|Price||RM 1,200 + 6% GST||RM 1,800 + 6% GST|
|Refund of UPrepare Subscription Fee||Not Applicable||Subscription fee of UPrepare will be refunded when estate administration fee charged for the first year is above RM6,000|
|Executor Appointment Fee||Waived for|
RM120 + 6% GST is payable for Second or Third Substitute Executor Appoinment
|Estate Administration Fee Discount|
|Period of Fixed Estate Administration Rates||Perpetual|
|Private Trust Administration Discount|
(includes Testamentary Trust)
(Where Trust Fund size is above RM100,000)
|Transferable to Living Person||Yes|
(with a RM100 + 6% GST transfer fee charged)
* Please see our Rockwills Estate Planners for administration discount rates.