YOU NEED THE UBB CASH TRUST TO ACCESS YOUR CASH
The UBB Cash Trust is for legal fees to obtain the Letters of Administration or Grant of Probate (mandatory legal documents) to unfreeze a bank account or to execute a Will, which can usually take 6 months to a year. The typical legal fees for this exercise is around RM10,000. Ideally, we should place aside an amount of funds to cover this legal expenses and family living expense for that duration.
What is the difference between a Grant of Probate and Letters of Administration?
1. When will you need a Grant of Probate?
When a person dies and has a Will in place.
2. When will you need Letters of Administration?
When a person dies and does not have a Will and also to unfreeze a bank account and distribution of his estate.
IN CASE OF AN EMERGENCY - The UBB CASH TRUST is your saviour
UBB AMANAH BERHAD - ESTABLISHED IN 1988
UBB AMANAH BERHAD is one of the oldest Trust companies in Malaysia. It prides itself with almost 30 years of superior trust services in the country. Having the vast experience in the industry and having encountered the often misconceived opinion that trust services are only available to the wealthy, we at UBB AMANAH BERHAD now offer our trust services to everybody. Through the UBB CASH TRUST – EVERYBODY CAN ESTABLISH A TRUST!
Interest to know more about the product or be an agent?
Contact: Deborah, Call: 012 3288 279 (9am - 5pm) or 010 811 3289 (after 5pm)
Visit website, http://cashtrust.my/