Saturday, January 16, 2010

Declaration of Harta Sepencarian

What is a Harta Sepencarian?

Harta sepencarian is a property jointly acquired by husband and wife during the subsistence of a valid marriage. The surviving spouse is entittled to claim her portion thereof from the deceased spouse's estate before distribution in accordance with the Faraid rules.


Harta Sepencarian Services at as-Salihin

It can sometimes happen that beneficiaries of a Muslim deceased contest a surviving spouse's harta sepencarian claim. To avoid the unpleasant family disputes that might arise among the beneficiaries after the testator's death on this issue, as-Salihin has devised documents which would avoid such situations.


Advantages of Harta Sepencarian Declaration

>> Both parties can decide and agree upon the quantum of distribution.

>> Rights of both spouses fully protected as what is agreed in the Declaration is incontestable.

>> Expedite distribution process as parties do not have to go to court to assert their claim.

>> Cost saving as without the Declaration parties have to go through court to prove their contribution.

>> No dispute as the Declaration already records the agreement between the parties.

>> Convenient and easy since all that needs to be done is for the parties to instruct as-Salihin on their agreed portion of interest in the subject property.


Source: Islamic Estate Planning, as-Salihin Trustee Berhad.

Please contact Mansid at abdrahaman@gmail.com (013-366-1242) for more information
Authorised Estate Planner for as-Salihin Trustee Bhd.

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