1. AMANAH RAYA BERHAD WEALTH PLANNING:THE ROLE OF A R B
BY RAFIE BIN OMAR, GENERAL MANAGER SALES & MARKETING

2. Introduction Amanah Raya Berhad
formerly known as the Public Trustee and Official Administrator, established in 1921
offers a complete range of trust and legacy management services targeted at wider market segments
corporatised in 1995 and established under the Public Trust Corporations Act (PTCA)1995 and Companies Act 1965
specialises in individual and corporate trusts, legacy and investment management
commenced operations as a new corporatised entitiy on 1st August 1995

3. [Supervising Minister]
Corporate Structure
99.99% - M.O.F. Inc.
0.01% - Federal Land Commissioner Inc.
MINISTER OF FINANCE
INCORPORATED
[Shareholders]
MINISTER IN PRIME
MINISTER’S DEPT.
[Supervising Minister]
BOARD OF DIRECTORS
AMANAH RAYA BERHAD

4. AMANAH RAYA (LABUAN) LTD
Group Business
Nominee
AMANAH RAYA NOMINEES
AMANAH RAYA CAPITAL
provides custodial and nominee services for clients’ assets.
Dormant.
Offshore
Fund Mgmt
AMANAH RAYA (LABUAN) LTD
AMANAH RAYA ASSET MGMT
Property
provides custodial, trust management services for offshore clients.
manages investments, mainly in equity, fixed income and property markets.
AMANAH RAYA HARTANAH
maintains and manages ARB Group’s properties.

5. Human Capital
ARB’s team comprises of professionals in the field of law, accounting, audit, investment, finance, marketing and information technology, trained specifically in the area of trust and wealth management.
Board of Directors
Management
Chairman
Dato’ Hj. Dusuki Ahmad
Directors
Ahmad Rodzi Pawanteh
Mohamed Bazain Idris
Hj. Ab Gani Haron
Datin Hajjah Aminah Pit
Hj. Ahmad Kamal Abdullah AlYaafi
Tn Hj. Yaacob Hussin
Shamsuddin Hj. Tahir
Managing Director/CEO
General Managers
Habsah Bakar - Operations
Sudirman Masduki – Corp. Services
Rafie Omar – Sales & Marketing

6. Expertise Corporate Trust Legacy Management Trust Management
Ensure the interests of unit trust holders and bond holders are protected at all times Provide efficient and cost-effective backroom solutions for investment / unit trust managers
Legacy Management
Administrator for movable and immovable assets of unlimited value and is empowered to issue Letter of Administration for movable assets less than RM 600,000
Trust Management
Manage assets entrusted by the donor for the future use of beneficiaries; ensure management of assets is done in accordance to the mandate specified in the trust deed
Estate Planning
Provide advisory services on the process of making arrangements for the protection, preservation and provision of a person’s total assets through application of estate planning tools such as Wills and Trust Management
Will Writing
Prepare, safekeep and execute Wills for Muslims and Non-Muslims; ensure settlement of estate and distribution of assets are done expeditiously

7. Products & Services

8. Branch Network PERLIS ALOR SETAR SUNGAI PETANI PULAU PINANG PERAK
SABAH
CAWANGAN UTAMA
SARAWAK
KUALA KRAI
KUALA LUMPUR
SHAH ALAM
KOTA BHARU
TERENGGANU
B B BANGI
KUANTAN
SEREMBAN
TEMERLOH
JOHOR BHARU
MUAR
MELAKA

9. Powers & Functions Parties Petitioner Powers to issue L.A.
Estate Value
ARB
Section 13 Act 532
Section 8 Act 98
Section 17 (1) Act 532
Section 17 (2) Act 532
Movable property <RM600,0000
Movable property <RM50,000
Land Office
N/A
Section 13 Act 98
Section 4 Act 98
Section 3(2) Act 98
Movable & immovable property <RM600,000
Court
Section 77A Act 97
O71 RHC 1980
Movable & immovable property
>RM600,000
Individual
File at Land Office / Court or appoint ARB
Solicitors

10. Administration of your estate could be as complicated as sorting out the entangled chains !

11. Administration and distribution of deceased’s estate
The Concept
Administration and distribution of deceased’s estate
Assets under Trust will be separately managed by the Trustee as per the Trust Deed
Intestate
Testate
assets frozen
Died without a Will
Letter of Administration required to administer the estate
Muslim estate – based on Islamic Faraid Law
Non Muslim estate – based on Distribution Act 1958
Died with a Will
Grant of Probate required to execute the wishes of Testator in the Will

12. Effects of Neglect
Died as an intestate
Estate not distributed according to deceased aspirations
Bureaucracies of obtaining LA
Estate distributed according to laws
A person who died without will is said to have died intestate. Under the Section 2 of Public Trust Corporation Act 1995, intestate is defined as “includes a person who leaves a will but dies intestate as to some beneficial interest in his property.
The estate of intestate person will be distributed according to the law which in the case of Muslim, the Islamic Faraid Law will govern the estate distribution whereas the Distribution Act 1958 shall be used for the administration of Non Muslim’s estate.
Generally, depending on the complexity of the estate, the process of obtaining the Letter of Administration from the Courts is longer than the time taken to attain Grant of Probate required for the administration of testate’s estate.
As the estate will be distributed in accordance with the applicable legislations/laws, the estate may not be distributed according to deceased aspirations.
Financial constraints faced by heirs
Wealth accumulated during lifetime may shrink and not
able to benefit loved ones due to lack of planning!!!

13. Wealth Management Wealth Protection and Legacy Management
Acquisition
Legacy Management
Wealth
Protection
Wealth Protection and Legacy Management
are the components of Wealth Management
Products & Tools for ARB
WASIAT ISLAM (MUSLIM WILL) ; HIBAH TRUST;
TRUSTS ACCOUNTS (SAFECARE); EDUCARE

14. The Tools Will < = > Wasiat Islam Will Services Features Writing
Allows testator to distribute estate in accordance to one’s wishes
Allows choice of Executor
Reduces likelihood of a prolonged estate administration case
Avoids family disputes over rights of ownership to the estate
Allows for the appointment of guardians for any minors of the testator
Will Services
Writing
Custodian
Executor

15. The Concept Will < = > Wasiat Islam ARB
Testator
Executor
= The person making Will
= The person named in the
Will to execute the Will
Beneficiaries
= The person inherit or
benefit under the Will
***A Will is valuable document and should be kept with a Custodian to ensure its safekeeping!!!***

16. Will { = } Wasiat Islam ARB
The Concept
Will
{ = } Wasiat Islam ARB
Document stating intention
Wills Act 1959
How estate to be administered and distributed
After death
Iqrar of a person during life time
Who to administer
With respect to property
Carried out for purposes permissible by Islamic Law
After the testator’s death
Muslim Wills Enactment (Selangor) 1999

17. Will < = > Wasiat Islam ARB

18. Will < = > Wasiat Islam ARB

20. Will< = > Wasiat Islam

21. Will < = > Wasiat Islam ARB
StarBiz, Wednesday
3 March 04

22. Will < = > Wasiat Islam

23. Will < = > Wasiat Islam

24. The STAR 4 October 2004 - Pg 23 (Metro)

25. The Tools Trust Products
Trust can be established by individuals as well as corporates and managed by A R B as a trustee.
Trust assets can be in the form of cash or cash equivalents, stocks, insurance policies and landed properties.
Trustee administers and manages the account in accordance to the mandate detailed in the trust deed.
Trust was designed to suit individuals and corporates with diverse financial needs and requirements.

26. Trust Products Benefits:
Maintains privacy as estate is not disclosed to public
Provides valuable financial protection
Provide for minors, persons under disability and charitable purposes
Assets continue to be managed as intended even after death
Provides expert management of trust property

27. Trust t h e p r o c s Trust Deed DONOR BENEFICIARIES / DONOR TRUSTEE
Capital preservation
Dividend
Trust
DONOR
Transfer assets
Structure
Administration and management of assets in accordance to Trust Deed
Dividend guaaranteed and 5% not appropriate
BENEFICIARIES / DONOR
Benefits
TRUSTEE

28. Products Features Trust
Institutional Trust : Investment oriented product for institutional client
Safecare Trust : Investment oriented product for individuals
Educare Trust : Education savings plan with protection features
Amanah Hibah : Effective means to transfer assets to the loved
ones but still maintaining certain level of controls
over the assets
Normal Trust : Customised in accordance to donor’s
requirements

30. Trust DONOR TRUSTEE RECIPIENT DONOR RECIPIENT “Amanah Hibah ARB”1
TRANSFER/
IJAB&QABUL
“normal hibah”
DONOR
RECIPIENT 2
TRUST DEED
“Amanah Hibah ARB”
TRUSTEE

32. Knowledge
Integrity
Pride
Teamwork
Customer Service Excellence

33. For enquiries please contact:
Thank You
For enquiries please contact:
Sales Department
Tel: /1905, Fax: