Songket Mawar catering & events

18/06/2023

Happy Father's day to all the dads out there!

07/06/2023

Leave a timeless mark on your loved ones with the power of legacy planning. It's more than just finances—it's about preserving your values, memories, and heritage. Here's a glimpse of what's possible:

💖 Express enduring love, gratitude, and dreams in heartfelt letters.

🌳 Build a family tree: Uncover your ancestral roots and share captivating stories and precious photos to strengthen your family's connection to their heritage.

🍽️ Compile a culinary treasure trove of cherished family recipes.

📚 Chronicle your life story: Whether through a memoir or a captivating video, immortalize your journey, pivotal moments, and the wisdom you've gained.

By weaving these elements into your estate plan, you're creating a lasting legacy that transcends material wealth.

Our dedicated team is here to help you craft a plan that reflects your unique story and values. Schedule a free consultation today to discover the power of legacy planning.

01/06/2023

Estate planning and Trusts play a crucial role in avoiding family disputes and ensuring the proper distribution of assets according to your wishes. By planning ahead, you can attain peace of mind and prevent conflicts. Here are some key points to consider:

1. Clarify your wishes: Estate planning and trusts provide clear definitions for the inheritance and distribution of assets, thus avoiding misunderstandings and disagreements.

2. Minimize tax liability: Advanced estate planning can help reduce the taxes that heirs are obligated to pay.

3. Protect assets: Trusts serve as a protective measure for shielding assets from creditors, lawsuits, and legal claims.

4. Avoid probate: Estate planning and trusts enable you to bypass the lengthy, expensive, and dispute-prone probate process.

5. Ensure continuity: Well-designed trusts ensure the seamless continuation of businesses or investments, thereby preventing conflicts among heirs.

6. Provide for loved ones: Trusts offer ongoing financial support for your loved ones, reducing the likelihood of disputes and alleviating stress.

7. Maintain privacy: Estate planning and trusts uphold the privacy of your affairs, ensuring peace of mind and safeguarding confidentiality.

It is crucial to start considering your estate planning needs and taking steps to protect your assets. Share this valuable information with your loved ones and encourage them to do the same. By raising awareness about the benefits of estate planning and trusts, we can actively prevent family disputes and ensure the future well-being of our loved ones.

05/05/2023

Here are the most crucial reasons to safeguard estate planning documents:

1) Protect assets: Documents outline asset distribution; avoiding costly probate proceedings, and preventing family disputes.

2) Prevent fraud: Valuable, sensitive documents can contain personal or financial information that may be tampered with or stolen.

3) Ensure accessibility: Executors or trustees require easy access to carry out wishes, making safeguarding documents crucial.

4) Maintain privacy: Private legal documents need to be protected to prevent unauthorized access and disclosure of sensitive information.

5) Update easily: Documents may require periodic updates to reflect changes in life or circumstances, making safeguarding and easy access important.

Properly safeguarding estate planning documents can provide peace of mind to you and your loved ones, minimizing stress and confusion during an already difficult time.

05/05/2023

We wish a blessed Wesak Day to all our Buddhist friends.

May this enlightening day bring you happiness, peace and tranquility.

05/05/2023

Selamat maju jaya to the Malaysian contingent participating in the SEA Games 2023 in Cambodia! We are proud of your dedication and unwavering determination.

Go forth, give it your all, and embody the true spirit of . We will be cheering you on every step of the way! 🇲🇾💪🏽

22/04/2023

Salam hari raya

Selamat Hari Raya Aidilfitri! Maaf zahir dan batin.

Semoga raya ini penuh dengan kebahagiaan & keberkatan; disambut bersama keluarga tersayang.

To all, may your Eid be filled with happiness, love, gratitude and prosperity.

28/01/2023

Approximately 80% of Malaysians do not possess a will or other types of estate planning documents, with many having no clue about what happens to their assets when they pass away.

Most of us know how important it is to have a will, but an estate plan goes beyond deciding how to distribute your assets. And when it comes to getting started, there’s no time like the present.

Here’s a look at four reasons why estate planning is important.

1. An estate plan accounts for your assets, health, and final wishes

Many people think an estate plan deals exclusively with financial assets. But that’s only a part of it. The documents could include powers of attorney, a Will, as well as a Trust, which offers potential benefits not available with a Will and keeps your financial information out of the probate process.

2. An estate plan is comprehensive

An estate plan accounts for all your assets like real estate, investments, cash, savings, and other physical & intangible assets.

3. An estate plan identifies key players

Part of estate planning includes appointing people to play key roles for “in the event of” scenarios such as healthcare and powers of attorney, guardians of your children, Trustee, or executor.

4. An estate plan puts you in control

Not preparing for what happens to your assets can open you and your loved ones up to risk. The courts will appoint an administrator to settle your estate, which can be expensive and one you wouldn’t have control over.

Regardless of your finances or age, talking with a professional about your estate plan can help ensure your loved ones are cared for when you are no longer around.

20/01/2023

Whether you’re already in the process of establishing a Trust to protect your assets, or you’re considering adding a Trust to your overall estate plan, there’s a vital question you should factor in: Who can I rely upon to oversee & administer my Trust & protect my financial legacy?

Here’s what you need to consider when making this decision.

The role of a trustee
Designating a trustee is one of the most important financial decisions you’ll make. Whoever you select will be legally bound to manage the Trust per the terms of the Trust document & to always act in your & your beneficiaries’ best interests.

Selecting a corporate trustee
Serving as a trustee is a serious responsibility — which is why it’s smart to consider taking advantage of professional expertise in the form of a corporate trustee. They’ll have significant expertise & resources, including a deep understanding of fiduciary requirements & extensive investment management experience.

Perhaps equally important, a corporate trustee lends an unbiased & objective approach to the process as they have a fiduciary duty to carry out the terms of the Trust objectively.

Trusted since 1988 and being one of the oldest Trust companies in Malaysia, UBB Amanah Berhad has some of the best & most ethical minds within the Trust industry.

We provide tailored Trust solutions to individuals and corporations, making us the desired Trust company across all Trust structures.

20/01/2023

Who has access to your online accounts, and how will those accounts be managed or distributed if you become incapacitated or pass away?

While the username and password might be considered a digital asset, liquid funds within the account are not digital assets – they are part of the estate. Therefore, different laws apply to the management and distribution of these funds.

A digital Estate Plan protects your online assets from risks like identity theft, hacking, and fraud and, gives your family greater peace of mind (as well as access to important information).

Ready to protect your legacy? Reach out to us to get started!