In the age of rapid digitalization and data-driven decision-making, the concept of credit scoring has become increasingly prevalent. Among these scoring systems, the Credit Tip-Off Service (CTOS) score holds significant sway, influencing various aspects of individuals’ financial lives, from loan approvals to job opportunities. However, what happens when this crucial metric is marred by inaccuracies?…
In the context of Malaysian society, where family values are deeply entrenched and the legal system intertwines with cultural norms, the concept of prenuptial agreements may seem foreign to some. However, as financial landscapes become more complex and marriages more diverse, understanding the intricacies of prenuptial agreements under Malaysian law has never been more crucial….
Q1: What is a Probate? A1: A probate is an official or legal document issued by the relevant authority in order for the executors to execute the deceased’s estates in accordance to his wishes stated in his last will and testament. Q2: What is resealing of Probate? A2: Resealing of Probate is a legal process…
1. What is the Last Will and Testament? A Last Will and Testament is a legal document in which an individual, known as the testator, specifies the distribution of their assets post-mortem according to their wishes. 2. What are the requirements to make a valid Will? Testator must not be under the age of…
1. Deposit of Purchase Price It could be 10% of the purchase price, or it could be any different amount as determined by the agreement between the seller and the buyer. 2. Legal Fees for Sale and Purchase Agreement & Loan RM % Up to 10,000.00 2.50 For the next 40,000.00 1.00 For the next…
Dalam menuntut perceraian di Mahkamah Syariah, ramai pihak bimbang sekiranya suami/isteri beliau tidak mahu memberikan kerjasama dan tidak bersetuju dalam tuntutan perceraian yang telah difailkan. Oleh itu, wujudnya HAKAM sebagai alternatif bagi memudahkan tuntutan perceraian. 1. Apakah itu Hakam ? Hakam adalah seseorang yang dilantik oleh suami, isteri atau mahkamah sebagai penimbangtara dengan tujuan menyelesaikan…
I. ILLUSTRATION Ali was made bankrupt in 2023. However, Siti and Mark wish to sue him for the following matters, respectively: Siti wishes to file a civil suit against Ali for a debt due and owed by Ali of RM50,000.00. Mark, a famous influencer, also wishes to file a defamation suit against Ali for a…
1. By Way of Transfer & Transmission • Transmission between Deceased to Executor/Administrator and the transfer between Executor/Administrator to the Beneficiary is deemed no loss or gain. • In this event, no RPGT will be imposed. 2. Transfer of Deceased’s Property in Sub-sales Situation • Transfer of Deceased’s property in sub-sales situation is depending on…
Here the general steps you may need to take when you receive a single divorce petition:- Review the Petition – carefully read the divorce petition to understand the grounds for divorce, requests made by the Petitioner (the person filing for divorce), and any supporting documents attached; Consult a Lawyer – it is highly advisable to…
The choice between mediation and Trial depends on the specific circumstances of the legal dispute and the preferences of the parties involved. Here’s a brief overview of both options:- Mediation Mediation is effectively a supervised negotiation process, especially useful for resolving disputes in a less adversarial manner. One party will put forward their position as…
