MWD Wills Depository Sdn Bhd announced a solution that enables Malaysians to search for a will.<\/p>\n
WillKey, Malaysia\u2019s first will registry, serves as a central registry where testators can register information about the whereabouts, or deposit copies of their wills.<\/p>\n
\u201cSearching for a will to facilitate the rightful execution and distribution of wealth and assets is no exception.<\/p>\n
\u201cHaving a will is important for anyone who has properties, insurance policies, bank accounts and other types of assets to determine who inherits them, but knowing where the person has stored a will is just as important,\u201dsaid MWD Wills Depository Sdn Bhd\u2019s director, Su Tiang Joo.<\/p>\n
He added, if the users wish, they can also store them with MWD Wills Depository Sdn Bhd and have their wills located easily.<\/p>\n
With a purpose-built business model of registration, storage and search of wills only, WillKey serves as a centre for effective will search and custodian services.<\/p>\n
\u201cThis is especially important for families who experience sudden death, where they were financially dependent on the deceased and need a speedy resolution to move on with their lives.\u201d<\/p>\n
\u201cWe have people who knows that a will exists, but there is little information on where it is.<\/p>\n
\u201cWillKey serves as the centralised registry that allows predetermined persons for e.g. lawyers, executors or next-of-kin, on production of appropriate documents, to access information on a particular will, conveniently and without hassle,\u201d he added.<\/p>\n
And, with a secure vault with a fire suppression facility in place that leverages on technology, WillKey consolidates information for testators, executors and beneficiaries to simplify and expedite the process of searching for and retrieving wills.<\/p>\n
\u201cWillKey wants to ensure that their will is registered and stored safely so that the testator\u2019s wishes can be rightfully executed,\u201d Su explained.<\/p>\n
WillKey is not just for those who are looking for a deceased\u2019s will, but also serves as a platform for lawyers and will writing service providers to register their clients\u2019 wills.<\/p>\n
\u201cWe encourage all people to register and store their wills with WillKey as this makes the search process for a will less tedious.<\/p>\n
\u201cWe wanted our services not to be an added burden for testators and their families who have already spent a fair bit on the entire will-writing process.<\/p>\n
\u201cBy entering this interconnected system, WillKey intends for all parties to benefit from this relationship,\u201d he concluded.<\/p>\n
The opportunities are open-ended for partners who are on board with WillKey and they will be able to enjoy an additional income stream from will registration and storage.<\/p>\n
A testator only needs to register once with WillKey with a one-time fee of RM133.33 and will storage subscription fees are available for as low as RM3.33 per month.<\/p>\n
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MWD Wills Depository Sdn Bhd announced a solution that enables Malaysians to search for a will. WillKey, Malaysia\u2019s first will registry, serves as a central registry where testators can register information about the whereabouts, or deposit copies of their wills. \u201cSearching for a will to facilitate the rightful execution and distribution of wealth and assets […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-1970","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=1970"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1970\/revisions"}],"predecessor-version":[{"id":4542,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1970\/revisions\/4542"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=1970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=1970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=1970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}