Article: The Devolution of the Inheritance Management Toward the Beneficiaries in Klang Valley, Malaysia
Mohammad Firdaus Ishak, Mohd Hasrol Haffiz Aliasak, Abdul Hadi Nawawi, and Mohamad Isa, Siti Fatimah Hashim recently published an article entitled, The Devolution of the Inheritance Management Toward the Beneficiaries in Klang Valley, Malaysia, Wills, Trusts, & Estates Law ejournal (2021). Provided below is the abstract to the Article:
Inherited estate is an inherited property upon the existence of a person who dies leaving behind property to those who are still alive. However, in the cases of claiming inherited estate, it should follow the same procedures that have been established for routine estates. This paper presents the finding of a study done to evaluate the level of awareness in Malaysia, Klang Valley’s community in terms of the division of inheritance of property management. In line with the purpose of this study, the researcher wants to asses the cause of the problem with the general public in the management of their estates and property distribution types available in the Sharia which is the faraid, wasiat, and hibah. Primary data were gathered through a semi-structured interviews that were used on four (4) estate management agencies in Malaysia namely the Majlis Agama Islam Selangor (MAIS), As-Salihin Trustee Berhad, Amanah Raya Berhad (ARB) and Wasiyyah Shoppe Sdn. Bhd. Based on the findings of this study, knowledge of the community and the lack of understanding in regards to inheritance of property that occurred resulted in the failure in carrying out the procedure of division of property through inheritance. A string of pending cases increases and indirectly withheld assets which in turn contributes to the problems as big as the global economy. This clearly showed that a mechanism needs to be exercised so that the community has some form of guidance in managing estates to avoid complication and confusion alongside ensuring social and economic relations in the future.