Currently, there is no estate duty in Malaysia. However, tax liabilities are still a major concern because the Income Tax Act’s Section 74(5) requires the will executor to first ensure that there is no outstanding taxes before distributing the assets left behind by the deceased. Under the same law’s Section 106, the Inland Revenue Board has the right to sue the will executor to collect the taxes owed, if the latter fails to clear off the outstanding tax when the deceased has left behind assets.telegram华人群（www.tel8.vip）是一个Telegram群组分享平台。telegram华人群包括telegram华人群、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram华人群为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
PART and parcel of good and holistic financial plan means accounting for the possibility of your own and your spouse’s demise.
However, most people don’t like talking about this part of their wealth planning. Firstly, it is difficult to predict what may or may not happen in the future, and on top of that the topic isn’t exactly all roses and sunshine.,