Malaysian Institute of Estate Planners (MIEP) sponsored by UNEEDWILL, collaborated with Employees Provident Fund (EPF), Pertubuhan Keselamatan Sosial (PERKESO), Jabatan Ketua Pengarah Tanah dan Galian (JKPTG), and AmanahRaya launch the first ever Malaysia Wills Week 2022, starting 1 September until 9 September 2022. 

Malaysia Wills Week 2022

Malaysia Wills Weeks 2022 is planned to be a yearly event, starting this year focusing on the importance of wills and wealth planning. With the theme: “If you were to leave the world today, what would you prepare for your family?”

This movement needs to be highlighted due to the reason that according to statistics, approximately only 28% of Malaysian workers have their wills documented pre-death. This has led to over RM19 billion assets remain unclaimed; frozen and can’t be processed. Plus, the Covid-19 pandemic has also become the catalyst urging this movement to be done, since more people realise that death can happen any time. 

Mr. Gary Lee Tuck Wee, The Chairperson of MIEP at the launching said:

People do think that wills are prepared for those who are old, sick, rich, with a lot of assets. So, people like me who are not so old, not so rich, don’t have much assets, no need to do wills, or I can do it later, or I just leave it totally. For me this mindset is not right and this bad decision will affect my family.

Mr. Gary Lee Tuck Wee, The Chairperson of MIEP

Activities During Malaysia Wills Week 2022

There are going to be 30 sessions of talks concerning the wills topic from 1 September until 9 September. It is organised by the MIEP, along with EPF, PERKESO, JKPTG, and AmanahRaya, held via Zoom Meeting & Facebook Live. The category includes preparation that needs to be done pre-death, and post-death.

The list of speakers & topics are as follow:

Date	Time	Topic	Speaker(s)	Language
1/9	8pm – 10pm	Will only distribute assets? Is that true?	Mr Gary Lee, Ms Xiu Hui Mr Fedric Foo, Ms Jovelle	Mandarin English
2/9	10am – 11am	What is Valid Will?	Mr Jeremiah from RDJ Law	English
	11am – 12 noon	EPF Nominations?	TBC from KWSP	English/Malay
	8pm – 9pm	Can I draft my own Will? Can I use DIY Will?	Mr Gary Lee, Ms Xiu Hui Mr Fedric Foo, Mr Qing Yen	Mandarin English
	9pm – 10pm	Debt & Insurance	Ms Wee Gaik Hong, Ms Sik Jia Wen Mr Shaun Ung, Ms Jean Giam	Mandarin English
3/9	10am – 11am	Legal process for distribution of estate’s asset?	Ms Liz Yap from Liz Yap & Associates	English
	11am – 12 noon	Small Estate Distribution?	TBC by JKPTG	Malay
	8pm – 10pm	Problems when you do not have Will. Is the Distribution Act can protect all your family members?	Mr Gary Lee, Ms Xiu Hui Mr Fedric Foo, Ms Charmaine	Mandarin English
4/9	10am – 11am	Understanding the importance and use of SOCSO?	TBC by Socso	Malay/English
	11am – 12 noon	Introduction to the estate planning industry	Mr Gary Lee	English
	8pm – 10pm	What is Trust? Living Trust or Testamentary Trust?	Mr Gary Lee, Ms Xiu Hui Mr Fedric Foo, Ms Jovelle	Mandarin English
	8pm – 10pm	How to plan and fund your Testamentary / Family Trust?	Mr Wong Kean Yung Mr Harris Kueh, Ms Jean Chiam	Mandarin English
5/9	10am – 11am	The Different between Public Trust and Private Trust	Andrew Ang of AAE International Trust	English
	11am – 12 noon	What is the role of a trust company in estate planning?	TBC by Amanah Raya	English
	8pm – 10pm	What is the legal process of distribution and management of an estate’s asset?	Mr Gary Lee, Ms Xiu Hui Mr Daniel Cheong, Ms Liz Yap	Mandarin English
6/9	10am – 11am	Understanding the importance and use of SOCSO?	TBC by Socso	Malay/English
	11am – 12 noon	The Untold Misconception of Life Insurance & EPF Nomination in Estate Planning	Mr Lee Khee Chuan	English
	8pm – 9pm	Writing a Practical Will?	Mr Fedric Foo,  Ms Xiu Hui	English
	9pm – 10pm	Will vs Trust	Kevin Wu	English
7/9	10am – 11am	Will vs Trust	Mr Kevin Wu from Kevin Wu & Associates	English
	11am – 12 noon	Amanah Raya, your public trustee company	Amanah Raya	English
	8pm – 9pm	Does a deceased person still need to pay tax?	Mr Fedric Foo,  Ms Xiu Hui (legal) TBC (tax)	English
	9pm – 10pm	Tax Planning?	Mr Justin Chua Ms Lau Chin Chin	Mandarin English
8/9	10am – 11am	Writing a Practical Will	Mr. Lee Khee Chuan	English
	11 am – 12 noon	Introduction and application of Unit Trust as an instrument of Estate Planning.	Encik Rodzman Rahim	English
	8pm – 10pm	Your family need your comfort and support when you leave them and leave the world	Ms Pauline, Ms Xiu Hui & Gary Lee	Mandarin
	8pm – 10pm	What are roles in a Will? What is the importance of each role?	Mr Fedric Foo, Ms Charmaine, Ms Jovelle	English
9/9	10am – 11am	Introduction to the Islamic estate planning	Encik Mohamad Redzuan Idrus, Cik Rabiatul	Malay
	11am – 12 noon	Ownership transfer of Vehicle	TPC by JPJ	Malay
	8pm – 10pm	What does the estate planner do?	Ms Angie Ng Yoke Hwa, Mr Casey, Mr Kenny Mr Gary Lee, Ms Wee Gaik Hong	Mandarin English

The sharings will be held in multilingual; Malay, English, & Mandarin, which proves MIEP’s effort in practising inclusivity. 

To register the slots, you can check out at MIEP Official Website and Facebook. 

Future Planning

Malaysia Wills Week 2022 is a great initiative taken by MIEP, together with organisations mentioned above, in educating the public on the importance of wills.

Mr. See Kok Loong, President of MIEP in his speech stated that in the upcoming Malaysia Wills Week, they’re planning to focus more on Islamic Estate Planning namely hibah, faraid, and wasiat. It is to give better exposure on this topic specifically for Muslims as this country has a majority population of Muslims citizens. 

To know more about Malaysia Wills Week 2022, kindly visit MIEP Official Website and Facebook.