Trust Service | Pet Trust | Private Trust | Family Trust | Insurance Trust

I want to deal with people I trust

Rockwills Trustee Berhad provides a wide range of Trust services, from private trust to pet trust, insurance trust, buy-sell trust and family trust. We also have specialists who can provide comprehensive planning, structures for succession and family office services.

What are your concerns?

Trustee for Specific Purpose

When you have various people or causes that you want to take care of, it makes sense to set up a Trust. For instance, you can setup a family trust to take care of your aged parents and/or loved ones when you are no longer around, for children’s education and even for charity gifting. The assets in your specific purpose Trust will not form part of your estate and therefore can flow easily to your beneficiaries, with minimum hassle.

Annuity Trust

When you invest in properties you may choose to channel any rental income towards your spouse, children and loved ones. Our Annuity Trust can help to maximise savings in a tax efficient manner by providing an optimum solution for you and your family.

Declaration Trust

It pays to be prepared for the future. You can do this by setting up a Declaration Trust and appointing yourself as the Trustee with us as your back-up Trustee. In the event of a specified matter such as death, total and permanent disability, critical illness and so on, we will step in as Trustee to help administer your assets according to your wishes.

Prepaid Gold/Silver

To hedge against inflation, you can plan ahead by locking in the costs of estate administration with Prepaid Gold/Silver. Your beneficiaries will enjoy annual discounts on the administration of your estate by us. In addition, if you have taken up any of our trust services, there will be annual discounts on the administration of your trust by us.

Pet Trust

Your beloved dog, cat or whole menagerie of pets may be of concern to you, should you not be around to take care of them. We truly understand how much your pet means to you. Rockwills is the first in Malaysia to provide Pet Trust services so you can appoint a guardian, allocate funds and anything else needed to take care of the welfare of your pets.

Buy-Sell Trust

As a business owner, you want to ensure that your family will always enjoy the current lifestyle that you provide. With our trust services, we can help to ensure a smooth transition of business interests with a pre-determined Buy-Sell Trust with your business partners. A fair value can be agreed upon between you and your partners and the method of payment to buy over each other’s business interest can be prearranged. A trust deed for sales proceeds will ensure that the needs of your loved ones are met, according to your wishes.

Benefits of Buy-Sell Trust

Fair Value
You determine the selling price for your shares that is agreed upon with your partners, so your beneficiaries will receive a fair value in proceeds.

Smooth Transition
Your business can carry on without issue as your Buy-Sell Trust prevents inexperienced individuals from getting involved. You are assured that we will carry out our Trustee duties according to your expressed wishes.

Life Insurance
Taking out a life insurance policy will ensure that the buyer(s) of your shares will have the necessary funds to pay for them when the time comes.

Impartiality
It is good to know that we are completely impartial and professional in carrying out our duties, safeguarding the interests of your beneficiaries and partners at all times.

Liquidity
Cash flow is important to maintain the lifestyle of your beneficiaries. Buy-Sell Trust ensures that your business shares are easily converted into cash, with timely payments to your loved ones according to your written instructions.

OPC Trust

A One Person Company (OPC) is a company incorporated with only a single shareholder and director. While an OPC company enjoys flexibility and separate legal entity status, everything rests on the shoulders of the owner. To minimise disruption to the business if anything should happen to the owner, set up an OPC Trust that will bypass the need to obtain probate and appoint a successor if you are no longer around. Most importantly, it will preserve the value of the business for the wellbeing of your loved ones.

Benefits of OPC Trust

Speedy distribution
Your successor will receive the shares in the OPC without delay, just as you wish.

Full control
As you are the appointed Trustee during your lifetime, you maintain complete control over your shares and continue in your role as a director.

Flexibility
Aside from being the Trustee, you can also appoint yourself as a beneficiary and continue to benefit from the Trust.

Cost Savings
Before the need to transfer to Rockwills as the Trustee to your successor, there will be no charges for the Trustee’s annual fees.

Continuity
You have the assurance that as a corporate entity, Rockwills Trustee will be around to transfer your shares to your successor.

Can Change Anytime
At any point during your lifetime, you can change the instructions in your Trust, to reflect your latest intentions.

Special Needs Trust

When you have a special needs child, you will be concerned about how he/she will be taken care of when you are no longer around or if you were to suffer from disability or critical illness. We understand and our Special Needs Trust provides the solution where you will be able to allocate funds and anything else needed to take care of the welfare of your child.

Insurance Trust

Our Insurance Trust is ideal for you when you want a structured solution to distribute the insurance proceeds for your minor child for their education and medical needs, or to your aged old parents for their maintenance and medical needs, or even for your own benefit in case of incapacity or critical illness. In addition, you can opt to use part of the proceeds to pay your debts and provide instructions on the investments of the insurance proceeds.

Benefits of Insurance Trust

Funds distributed according to your wishes
Our Insurance Trust service can ensure that your named beneficiaries receive payouts for specific purposes such as education fees, and even opt for staggered rather than lump sum release of funds to your beneficiaries.

Protected with quick disbursements
When your policies are under Insurance Trust, they do not form part of your estate. Therefore your beneficiaries will have quick access to payouts as there is no need to wait for a Grant of Probate or Letters of Administration.

No stress for your beneficiaries
As your Trustee, we will carry out the steps necessary to deal with the insurance company so your beneficiaries do not have to handle the hassles of claims.

Avoid the legal limitations of insurance nomination
By setting up Insurance Trust, you can name any person or organisation as your beneficiary as you are not subject to the conditions of insurance nomination laws.

Can change anytime
At any point during your lifetime, you can change the instructions in your Trust, to reflect your latest intentions.

Advantages of Appointing
Rockwills Trustee as Executor and Trustee

Legal Knowledge

We have more than 30 in-house legal experts and professionals to assist and advise in the event of any issues that arise in the administration of your Will and Trust.

Perpetuity

You are assured that the company will exist in perpetuity, unlike a named individual Executor who may pass away before or in the midst of carrying out his/her duties.

Adequate Resources

Unlike an individual Executor, we have experienced and skilled staff with the time and resources on hand to administer to your estate and Trust.

Impartiality & Security

You are secure in the knowledge that we are completely impartial when executing our duties and our only aim is to carry out your written wishes while adhering to structured processes and procedures.