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Fee Schedule Ass-Salihin 2023
Fee Schedule Ass-Salihin 2023
Head Office :
101 – 301 Block A, Glomac Business Centre, No. 10, Jalan SS6/1, Kelana Jaya, 47301 Petaling
Jaya, Selangor
Tel : 03-7880 9595 | Fax : 03-7880 8190 | Email : general @as-salihin.com
Southern Branch :
No. 44-01, Jalan Setia Tropika 1/1, Taman Setia Tropika, Kempas, 81200 Johor Bahru, Johor
Tel : 07-2355 993 | Fax : 07-2356 993 | Email : southern@as-salihin.com
Northern Branch :
No. 32A, Jalan Todak 2 , Bandar Sunway, 13700 Seberang Jaya, Pulau Pinang
Tel : 04-390 9595 | Fax : 04-386 6595 | Email : northern@as-salihin.com
Perak Branch :
No. 23A, Tingkat, 1, Jalan Meru Bestari A2, Medan Meru Bestari, 30200 Ipoh, Perak,
Malaysia Tel: 05-529 9695 | Email: northern.perak@as-salihin.com
www.as-salihin.com
UPDATED 2023 FEE SCHEDULE
A. RANCANG HIBAH
C. RANCANG WARISAN
D. PAKEJ KELUARGA
E. RANCANG LEGASI
2. SINGLE PRODUCTS
A. WASIAT WRITING
B. PRI-HIBAH
*Revocation/Termination: RM300
D. PRI-WARISAN
AREA PRI-WARISAN
Price 1,688
Estate Administration Discount 20% discount
Validity Period Perpetual Until Distribution
Yes
Transferable (husband/wife and children only)
(With a RM100 transfer fee charged)
3. WASIAT RE-WRITING
Note : 70% discount for 1st time rewrite 50% discount for subsequent rewrite (applicable for client who
has subscribed Premier Lifetime Custody)
NO. NO. OF CLAUSES FEE (RM) Other Cost/ 3rd Party Cost
6. PRI NIAGA
7. TRUST ADMINISTRATION
A) MOVABLE ASSETS
GROSS ESTATE VALUE CHARGEABLE RATE OF FEES
The first RM1 million 0.75% p.a (with min of RM2,000)
Value in excess of RM1 million 0.5% p.a
Value in excess of RM10 million 0.25% p.a
Trust revocation / Trustee replacement 1%
B) IMMOVABLE ASSETS (INCOME BEARING)
CHARGEABLE RATE OF FEES
1% or RM6,000 p.a per title/lot, whichever is lower
Annual Administration Fee
Rental income will be charged under (A)
Trust revocation / Trustee replacement 1% or RM2,000 per title/lot whichever is lower
C) IMMOVABLE ASSETS (NON INCOME BEARING)
CHARGEABLE RATE OF FEES
Annual Administration Fee RM2,000 p.a per title/lot
Trust revocation / Trustee replacement 1% or RM2,000 per title/lot whichever is lower
D) HOLDING OF COMPANY SHARES
CHARGEABLE RATE OF FEES
• RM8,000 p.a for holding shares in every three (3) companies or lesser in the same trust
• Dividend will be charged under (A)
• Immediate distribution of company shares fee is RM2,000 for every three (3) companies or
lesser in the same trust
* During the trust period, when the immovable asset(s) is a non-income bearing becomes income bearing,
that particular immovable asset will be classified accordingly and vice versa.
Note: the fees quoted does not include stamp duty, expenses and 3rd party fees such as legal fees, fund
manager, property agent and tax agent fees.
8. PRI-EMAS ADMINISTRATION
MOVABLE ASSETS
GROSS ESTATE VALUE CHARGEABLE RATE OF FEES
The first RM1 million 0.75% p.a (with min of RM7,500)
Value in excess of RM1 million 0.5% p.a
Value in excess of RM10 million 0.25% p.a
Trust revocation / Trustee replacement 1% p.a
Note: the fees quoted does not include stamp duty, expenses and 3rd party fees such as legal fees, fund
manager, property agent and tax agent fees.
NOTES:
•
Additional fees may be applicable in addition to the above e.g. service tax, stamp duty, expenses,
disbursement and 3rd party fees including but not limited to legal fees, fund manager, property agent
and tax agent fees
•
as–Salihin Trustee Berhad (aST) will start to charge the Annual Estate Administration Fee in
FULL upon obtaining Grant of Probate or Letters of Administration with Will Annexed or Letters of
Administration.
•
The Annual Estate Administration Fees (%) rates are locked at the point that client signed up for
the Wasiat and remains so regardless of whether there is any increase in the Estate Administration
Fee Rates in future.
•
Should the distribution period take less than 1 year, the chargeable rate of Estate Administration
Fees is charged in FULL and will not be pro-rated. If the distribution period takes more than 1 year,
the chargeable
rate of Estate Administration fees for the final year distribution will be pro-rated.
•
Replacement fee is incurred when aST is terminated as an executor. The replacement fee is charged
on the gross estate value at the point of termination of aST as the executor.
•
Gross Estate Value includes both movable and immovable assets. It is the total value of a person’s
assets before liabilities such as debts and taxes are deducted
•
Generally, the immovable asset is valued one time only from the date aST administers the estate
which is the date when the Grant of Probate or Letters of Administration with Will Annexed or Letters
of Administration is obtained but may be revalued from time to time if the appreciation in value is
significant.
BENEFICIARIES