Home / Services /Trust Administration
Trust Administration
A plan to protect your hard-earned assets and provide financial security for your loved ones.
Introduction
What is Trust Administration?
A trust provides security for your movable and immovable assets for your loved ones. A trust account can be created by any individual or corporate entity for specific purposes such as protecting the interest of your loved ones i.e. children or disabled person and for a charitable purpose over a period of time.
Importance
Create a Legacy of Financial Security
As your appointed Trustee, AmanahRaya will administer your trust assets according to your Trust Agreement.
We provide a variety of trust accounts to cater to the wishes of our Settlors. For example, Cash Trust, Property Trust, Insurance Trust and Institutional Trust.
Why Choose a Trust Account?
If you have assets
To secure your assets and to ensure that the assets are distributed to the appointed Beneficiary(ies) and to prevent potential family feuds.
If you are single
To nominate the intended Beneficiary(ies) to your trust account.
If you have minors and disable children
To provide security to your minor and/or disabled Beneficiary(ies) who cannot independently manage their assets.
If you have special wish or purpose
To preserve your property(s) for specific purposes such as transforming it into a heritage home for your family or a welfare home for charitable endeavors.
If you wish to protect yourself in sickness
To appoint a Trustee to manage your trust monies by allocating a sum of monies to be used for your maintenance, medical, and/or living expenses when you are declared incapacitated by a medical practitioner.
If you are planning for retirement
To ensure you have a steady stream of funds for your post-retirement maintenance and/or living expenses.
AmanahRaya Trust Products
Depending on your requirements, you may need one of the Trust Accounts listed below. We recommend a consultation with us before deciding which Trust is best for you.
SOLUTION
Secure Your Trust With AmanahRaya
With over 100 years in the business, AmanahRaya is Malaysia’s leading authority on Trust Accounts. As the nation’s largest estate planning service provider, our brand is synonymous with unwavering reliability and professionalism; our extensive expertise, diverse clientele, and vast network guarantee unmatched quality standards and affordable fees.
What is a Trust Deed?
Every trust account is governed by a trust agreement. Trust agreements can consist of trust deeds, declarations of trust, court orders, small estate distribution orders, letters of administration, and work compensation orders. Trust agreements contain the terms and conditions, including the duties and responsibilities, of the parties to the trust.
Trust Administration in 4 Simple Steps
Appoint AmanahRaya as your trustee.
AmanahRaya prepares a Trust Agreement according to your wishes.
AmanahRaya acts as Trustee to fulfill your wishes as per the Trust Agreement.
AmanahRaya distributes or transfers your allocated assets among the Beneficiary(ies) named in your Trust Agreement.
Why Choose a Trust Account With AmanahRaya?
Safe and Secure
Your trust assets will be protected from creditors’ claims, subject to any applicable law.
A Trust is Not Part of Your Estate
Your Trust Assets do not form any part of your estate upon your passing. They must be distributed to the rightful beneficiaries according to the Trust Deed.
Protection of Beneficiaries
Your Trust will protect the interests of your loved ones (i.e. children or disabled Beneficiary(ies) at all times.
Investment Returns
We invest in your Trust Assets and offer competitive returns on the investments.
One Stop Centre
We provide a one-stop centre for Legacy Planning which includes Will Services, Trust and Estate Administration.
Experienced and Professional
We have over 100 years of experience and a dedicated team to provide excellent professional services.
Did You Know?
Cash withdrawals from a Trust Account do not require a Letter of Administration.
It’s suitable for anyone wishing to set up a Trust Account that will have a positive impact on society.
Settlors can attach their own terms and conditions to a given trust.
Settlors can amend the terms in the trust deed.
