Wasiat (Last Will & Testament) Client

Just heard the news that this gentleman that I was supposed to prepare a Wasiat for has just passed away last night at 8.40pm.

Tak sempat nak tolong dia.

Two lessons learnt:

1. Prepare your Wasiat (Last Will & Testament) early. You just do not know when you are going to kick the bucket.

2. My goodness, life is so short.

إِنَّا لِلّهِ وَإِنَّـا إِلَيْهِ رَاجِعونَ

Islamic Will according to the The Faraid Law (Wasiat Mengikut Hukum Faraid)

For muslims, preparing a will and distributing his or her assets upon death in line with the Faraid law is a must. There is no getting around that.

For the convenience of folks out there wanting to know more about the Faraid law, I’ve found a number of useful links.

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Types of Zakat (Jenis-jenis Zakat) – Islamic Tax

Alright, let’s talk about Zakat. For muslims, satisfying your zakat requirements is one of the most fundamental things to consider of. Zakat is an Islamic Tax, so to speak.

Zakat is one of the five pillars of Islam. Yes, it is that important.

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Estate Planning: Should I draw up a Will?

Believe it or not, in the journey of financial freedom a.k.a wealth creation, preparing your will is one of the most important thing that one needs to do. In a person’s financial plan, if there’s no consideration of drawing up a will, then that financial plan is not complete.

The same as chicken curry is not complete if santan (coconut milk) is not added, a financial plan is not complete without a will.

It is also of my belief that you’re never too young to prepare a will. It doesn’t matter if you’re 18, 19, 21, 30, 40, as long as you own some assets, having a will is important. Let’s have a look at why this is so.

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