Sterling
Conventional Will
- Executors
- Guardians
- List debts and Assets
- Give Complex Gifts
- Residuary Gifts
- Anti-Fraud Features
Al Yusra
Islamic Will
- Executors
- Guardians
- List debts and Assets
- Wasiyyah
- Faraid Algorithm
- Anti-Fraud Features
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Islamic and Conventional Wills
Al Yusra Islamic Will and Sterling Conventional Will
REASONS WHY PEOPLE DON’T HAVE A WILL
Costs, Complexity & Fear
The high costs, process complexity and the fear of getting it wrong
Lack of Knowledge on Wills
Unsure of where to start and unaware of the consequences of not having a Will
Nothing To Leave Behind
Assumption that there is nothing to leave or being too young
PROBLEMS WHEN YOU HAVE NO WILL
Family Conflicts
Not having a Will can create conflicts among family members or beneficiaries.
Frozen Assets
The government of Malaysia holds RM70 billion in frozen assets due to unclaimed monies.
Legal Disputes
Having a Will prevents any legal disputes amongst family members. These can be lengthy & expensive.
Distribute Assets
Without a Will, you can't choose how to distribute your assets; it follows the distribution guidelines in the Wills Act for Non-muslims and Syariah law for Muslims
Creating a Fully Legal Will
Al Yusra - Islamic Will/Wasiyya
Al Yusra Will was written by respected Muslim scholars & certified Shariah-compliant by Masryef Management House and fully conforms to the Islamic Inheritance law.
Some Key Features
- Unique Faraid algorithm that follows the Holy Quran
- Additional Beneficiaries – Maximum of one-third of your estate
- Assets & Sedekah – Include gifts of property, money or anything else
- Make provision for unfulfilled obligations
Sterling - Conventional Will
Sterling Will is 100% legal & developed by legal experts and estate planners familiar with estate planning law. Sterling Will fully conforms to the Wills Act 1959.
Some Key Features
- Choose the language you want to use on the site and the Will output
- Add up to 4 executors with built-in trustee clauses
- Leave complex gifts, such as a business, shares or property
- Add additional beneficiaries and choose to split equally or by percentage
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