Percentage
Probate and Administration Act 1959 (Malaysia) s 43 refers to a commission not exceeding 5% on the value of the assets collected by them.
There is no fixed rate of 5% commission on the value of the assets of the estate of the deceased, whether or not there be appreciable trouble (Wanchee Incheh Thyboo v Golam Kader (1883)1 Ky 611).
Any award is discretionary.
This preview is an excerpt from the following publication. this publication for access to all the commentary and precedents.
Probate - Step by Step Guide & Precedents
by By Lawyers For Lawyers author - C M Teng
Overview
This publication gives practical guidance through the law governing the process of obtaining letters of administration in Western Malaysia.
The commentary and precedents provides systematic instruction through all issues likely to arise in general practice including;
- Grant of Probate
- Estate Taxes
- Reseal of Probate
- Application for Executor and Administrator Commission
This guide will ensure compliance with the Probate and Administration Act 1959 and the extensive procedural law as set out in the Rules of the High Court 1980. The precedents in this work are for use in the states of West Malaysia.