Estate Administration FAQ
AmanahRaya cannot administer an asset in the form of a vehicle bound by a bank loan since said asset remains the possession of the financial institution in question until the balance is cleared. However, if other assets of equal value exist to offset the loan, AmanahRaya regains administrative authority.
A creditor may claim a debt still owed to him from a decedent’s estate while Estate Administration is in progress. However, the creditor must be able to furnish proof that is valid to collect on the debt.
Payment is made directly to the nominee.
Where wealth is Muslim-owned, the named nominee acts as executor or trustee and is responsible for the distribution of assets among the estate’s rightful heirs. The task of distribution is carried out only after the decedent’s outstanding debts have been paid.
No. AmanahRaya has no such authority.
To reclaim the assets, legal redress can be sought to hold the nominee in question accountable for his inefficiencies in said function. The move may be initiated either by the heirs directly affected or the appointed administrator of the estate.
Payouts are permanently discontinued from the date of a pensioner’s death. As such, only monies received in life are admissible as earnings of the estate. Anything beyond is the property of the Malaysian government.
There is no right time to initiate application. Nonetheless, the prudent route would be to kick-start the process as soon as possible to avoid the possibility of a series of deaths.
Heirs and non-beneficiaries have the right to apply for an estate to be administered by AmanahRaya.
No. Only the applicant needs to be present at the AmanahRaya office.
Yes, if the estate consists of movable assets only for a total value of RM100,000 and below with only one layer of heirs. If the estate value is above RM100,000 and/or consists of immovable assets, Faraid Certificate is mandatory.
Sijil Faraid boleh dikecualikan bagi pusaka yang terdiri daripada harta alih sahaja yang bernilai di bawah RM100,000 dan waris tidak berlapis. Sekiranya harta pusaka bernilai lebih RM100, 000 dan / atau mempunyai harta alih, Sijil Faraid mesti dikemukakan.
In such a situation, a portion of said allocation remains in the possession of AmanahRaya until the heir in question steps forward to claim his rightful share and the claim is valid.
AmanahRaya will run a check against the Agency Link-Up System (ALIS) database via the National Registration Department for information on heirs who aren’t immediately traceable.
Only an heir can conduct a property review through AmanahRaya as the information is classified. The review is only for cases registered with AmanahRaya.
Hanya kes berdaftar di AmanahRaya sahaja boleh dibuat semakan oleh waris kerana maklumat adalah sulit.
This is a demo store for testing purposes — no orders shall be fulfilled. Dismiss