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SK LAI & PARTNERS offers professional estate administration services to help you navigate the complexities of asset distribution after the passing of a loved one. Our experienced team ensures a smooth process from obtaining a Letter of Administration to distributing assets according to legal requirements.
Estate administration encompasses the legal process of managing and distributing the assets of a deceased individual. When someone passes away without a valid Will, the High Court issues a Letter of Administration, appointing an administrator to handle the deceased’s estate. SK LAI & PARTNERS specializes in providing expert assistance for estate administration, guiding clients through every step of the process with precision and care.
After the passing of a loved one, family members or spouses often assume that the deceased’s assets will automatically be distributed to them. However, without a Letter of Administration, no one can access or deal with the estate or assets of the deceased. Authorities such as JPJ, SSM, Banks, and Land Offices require legal authorization from the administrator to proceed with asset distribution. SK LAI & PARTNERS ensures that the estate administration process is conducted efficiently, allowing clients to navigate the complexities of asset distribution with ease.
The Process of Extracting the Letter of Administration:
File an Application in the High Court: Submit necessary documents, including an Originating Summons, Affidavit, and Lists of Assets and Liabilities, to the High Court.
Attend the High Court Hearing: Proposed administrators attend a hearing where the Registrar reviews the application. If all documents are in order, the Letter of Administration will be granted.
Dispensation of Sureties: Provide sureties or apply for dispensation if necessary to secure the estate.
Collect Assets and Settle Debts: Once the Letter of Administration is obtained, the administrator collects assets and settles debts of the deceased.
Collect Assets and Settle Debts: Once the Letter of Administration is obtained, the administrator collects assets and settles debts of the deceased.
Distribution According to Legal Requirements: Finally, remaining assets are distributed to entitled beneficiaries in accordance with the Distribution Act 1958.
Trusted legal guidance tailored to your needs. Contact us today for a consultation. Let’s navigate your legal journey together.
Schedule your consultation today. Let’s tackle your legal challenges together
SK LAI & PARTNERS Is A Malaysian Law Firm With Global Expertise And Experience, Uniquely Positioned In Kuala Lumpur City Centre!
SK Lai and Partners is a full-service law firm offering comprehensive legal assistance across various practice areas. Our expertise includes, but is not limited to:
With a team of experienced lawyers specializing in different areas, we are well-equipped to address a wide range of legal needs for individuals and businesses alike.
The cost of our legal services is determined based on the specific requirements of your case or legal matter. We understand that transparency in pricing is crucial, and we strive to provide clear and detailed information about our fee structure during your initial consultation. Our team will work closely with you to tailor our services to your budget and offer cost-effective solutions without compromising on quality.
The timeline for resolving your case depends on various factors, including its complexity, the legal processes involved, and external circumstances. Our team will conduct a thorough assessment of your case during the initial consultation and provide you with an estimated timeline based on our experience and expertise. Throughout the legal proceedings, we will keep you informed about the progress of your case and any significant developments that may arise.
At SK Lai and Partners, we value open communication and accessibility. When you engage our services, you will have direct access to your attorney, ensuring that your questions, concerns, and updates are addressed promptly and effectively. We believe in building strong client relationships based on trust and collaboration, and our team is committed to providing you with the personalized attention and support you need throughout the legal process.
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