Reduce Future Costs Of Estate Administration (UPrepare)

UPrepare

What Is UPrepare?

UPrepare is an Estate Administration Services Package offered by Rockwills Trustee Berhad to reduce the costs of estate administration in the future.

There are many matters to be settled by an executor before distribution is made to the beneficiaries. These include collecting all immovable and movable assets [including bank accounts, vehicles, shares in companies, unit trusts, house etc]; settling the debts of the deceased [including income tax and debts]; and applying for the grant of probate and submission of the relevant documents to the High Court; dealing with various government agencies and financial institutions.

By appointing us as your executor and buy our UPrepare packages, your family members are relieved from all the above inconveniences!

Unique Features of UPrepare:

> Enjoy the lower estate administration rates to hedge against inflation and annual discounts on estate administration rates when we act as your executor.
> Enjoy annual discounts on trust administration rates when you have a trust with us.
> UPrepare and is benefits are transferable to any person during your lifetime for a transfer fee of RM100 only;
> Prevent unnecessary delays to distribute the estate to your loved ones as Rockwills Trustee Berhad is appointed as the executor;
Professional support from experienced and practical professionals within Rockwills Trustee.

UPrepare Types & Benefits

There are two types of UPrepare i.e. UPrepare Diamond and UPrepare Jade 2. Each provides different benefits:

Area UPrepare Jade 2 UPrepare Diamond
Price RM 1,200 RM 1,800
Refund of UPrepare Subscription Fee Not Applicable Subscription fee of UPrepare will be refunded when estate administration fee charged for the first year is above RM6,000
Executor Appointment Fee Waived for

  • Sole Executor appointment; or
  • 1st Substitute Executor appoinment provided UPrepare is subscribed within 90 days from the date of Will

RM120 is payable for Second or Third Substitute Executor Appoinment

Estate Administration Fee Discount
  • Gross estate value above RM500,000 to RM10 million: 15%
  • Gross estate value above RM10 million: 30%
Period of Fixed Estate Administration Rates Perpetual
Private Trust Administration Discount
(includes Testamentary Trust)
20%
(Where Trust Fund size is above RM100,000)
Transferable to Living Person Yes
(with a RM100 transfer fee charged)
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