PB Trustee Services Berhad

WILL

A declaration of intention as to how one’s estate is to be dealt with upon his/her demise.  

ADVANTAGES
  • Can be tailored according to preference or wishes with an option to bequeath to desired beneficiaries with predetermined age and proportions
  • Cater for special circumstances (Testamentary Trust) and can leave instruction or messages  
  • Appointment of preferred Executor & Trustee and Guardian
  • Minimize legal formalities and expenses
  • Exempted from the requirement to provide Administration Bond

EXECUTORSHIP & TRUSTEESHIP
It is essential to appoint a trustworthy and experienced Executor & Trustee to save cost, time and in order to safeguard yours and your beneficiaries’ interest.  

Executor & Trustee’s role:-
  • Identify, secure and deal with deceased’s assets and liabilities
  • Obtain Grant of Probate, pay valid debts & claims and file tax returns
  • Deal with any legal issues, obtain consents (if required) and distribute the balance to the beneficiaries
  • Hold assets on trust until beneficiaries attain age of entitlement or upon completion of certain events (Testamentary Trust)

FOR PEACE OF MIND, APPOINT PBT AS EXECUTOR & TRUSTEE
AT NO EXTRA FEE FURTHERMORE GET A DISCOUNT ON OUR WILL WRITING FEE


CUSTODIAN OF WILL
To avoid your Will from being DAMAGED, TAMPERED or LOST engage us as Custodian and be confident that your Will is KEPT SAFE and CONFIDENTIAL for a small fee even if you decide to appoint your own individual Executor.

ENJOY FREE LIFETIME WILL CUSTODY UPON OUR APPOINTMENT AS YOUR EXECUTOR & TRUSTEE

OUR FEES ARE VERY COMPETITIVE & REASONABLE

CALL US FOR DETAILS NOW!

BENEFITS OF APPOINTING PBT
  • Duly registered trust company under the Trust Companies Act 1949 since 1968
  • Established as a specialised and comprehensive Trust Company and enjoys financial backing, human capital support and other resources as a member of the Public Bank Group
  • Preservation of client confidentiality    
  • Accountability and Impartiality without any conflict of interest
  • Vast experience
  • Accessibility/continuity
  • Provides comprehensive services

PRIVATE TRUST

Setting up a Private Trust is a complex process and requires a close and long term relationship with the Trustee for years to come. Selecting the right Trust Company would be an essential and important part of your trust structuring process. Trust is an essential tool which completes the wealth/estate planning process.

Trust allows allocation of assets for one’s loved ones either during lifetime or upon demise. Trust can be set up in order to cover the costs of education, cost of living, financial aid/support for family members or even to fulfill charitable intentions.



Apart from creating and enhancing wealth, trust preserves and distributes wealth during and after one’s lifetime. The Trust service ranges from protecting loved-ones from unforeseen risks and circumstances to a centralized administration point for family members and heirs to receive their inheritance on a timely manner, whilst ensuring professionalism, impartiality and accountability by an independent Trustee.

The benefits includes the IMMEDIATE DISTRIBUTION OF ASSETS ACCORDING TO THE SETTLOR’S INSTRUCTIONS and INTENTIONS thus SAFEGUARDING THE INTEREST OF MINORS or SPECIAL PERSONS, continued or proper management of assets /wealth, to provide for future generations, efficient and effective decisions are made on payments and investments matters. Trustee acts professionally and impartially in the best interest of trust beneficiaries.  

TYPES OF TRUST
  • Maintenance Trust
  • Property Trust
  • Charitable Trust
  • Insurance Trust
  • Trust for Unit Trust Investment
BENEFITS
  • A personalized approach for the protection, preservation, accumulation and distribution of wealth and enhance the concept of protection and succession planning
  • Ensuring professionalism, confidentiality and protection of interest
  • Trust fund held in safe custody by PBT for beneficiaries and properly managed pending distribution
  • Beneficiaries who are minor/incapacitated protected from unreliable guardians
  • Unlimited choice of beneficiaries
  • Avoids the necessity for the Grant of Representation i.e. immediate distribution of asset(s) held under trust

WASIAT

“Is there a need to write a Wasiat?” The Prophet is reported to have highly encouraged his adherents to write their Wasiat when they leave property for their heirs:

“It is not permissible for any Muslim who has something to Wasiat to stay for 2 nights without having his Wasiat written and kept ready with him” (Extract from Sahih Al-Bukhari, Cap 55, Hadith I. Ibn Umar)

The Islamic Law of inheritance sets prescribed limits but allows for the use of a written Wasiat as a flexible way of distributing one’s assets.

ADVANTAGES
  • Declaration of “Harta Sepencarian”
  • Distribution of up to 1/3 of the estate to non-faraid beneficiaries
  • With respective faraid beneficiary’s consent, can provide gifts to desired beneficiaries
  • Appointment of preferred Executor & Trustee and Guardian
  • Minimize legal formalities & expenses
  • May instruct/leave messages to specific persons and be exempted from the requirement to provide Administration Bond  

EXECUTORSHIP & TRUSTEESHIP
It is essential to appoint a trustworthy and experienced Executor & Trustee to save cost, time and in order to safeguard yours and your beneficiaries’ interest.  

Executor & Trustee’s role:-
  • Identify, secure and deal with deceased’s assets and liabilities
  • Obtain Grant of Probate, Sijil Faraid  from High Court and endorsement on the list of “Harta Sepencarian” from the deceased’s spouse and pay valid debts and claims against estate
  • File tax returns and deal with any legal issues that may arise and obtain consents (if required) and distribute the balance of the estate to the rightful heirs or beneficiaries
  • Hold assets on trust until beneficiaries attain age of entitlement or upon completion of certain events (Testamentary Trust)
FOR PEACE OF MIND, APPOINT PBT AS EXECUTOR & TRUSTEE AT NO EXTRA FEE
FURTHERMORE GET A DISCOUNT ON OUR WASIAT WRITING FEE


CUSTODIAN OF WASIAT
To avoid your Wasiat from being DAMAGED, TAMPERED or LOST engage us as Custodian and be confident that your Will is KEPT SAFE and CONFIDENTIAL for a small fee
even if you decide to appoint your own individual Executor.

ENJOY FREE LIFETIME WASIAT CUSTODY UPON OUR APPOINTMENT AS YOUR EXECUTOR & TRUSTEE

OUR FEES ARE VERY COMPETITIVE & REASONABLE
CALL US FOR DETAILS NOW!


BENEFITS OF APPOINTING PBT
  • Duly registered trust company under the Trust Companies Act 1949 since 1968
  • Established as a specialised and comprehensive Trust Company and enjoys financial backing, human capital support and other resources as a member of the Public Bank Group
  • Preservation of client confidentiality    
  • Accountability and Impartiality without any conflict of interest
  • Vast experience
  • Accessibility/continuity
  • Provides comprehensive services

Should you have any queries or require further information on our Wills, Wasiat, Trust and Corporate services or other related matters, kindly contact us at the following:

PB TRUSTEE SERVICES BERHAD
17th Floor, Menara Public Bank
146 Jalan Ampang
50450 Kuala Lumpur
General Line : 03 - 2177 3127
Fax : 03 - 2164 3285 / 2164 6197
Email : pbtrustee@publicbank.com.my

Person in charge Contact Number Email
Idzwan Rossli
Assistant Manager
03 - 2177 3127 idzwan.rossli@publicbank.com.my
Darren Ong
Assistant Manager
03 - 2176 7674 darren_ong@publicbank.com.my
Christine Peter
Assistant Manager
03 - 2176 7645 christine@publicbank.com.my