Financial Planning: Family Trust Planning – Different Ways To Do It

Financial Planning: Family Trust Planning – Different Ways To Do It

    • Categories CPE


    Title : Financial Planning: Family Trust Planning – Different Ways To Do It

    Course Fees : Sold Out

    Date : 17 June 2023

    Time: 8.45am – 12.00pm (Part 1) ; 2.00pm – 5.30pm (Part 2)

    Venue: Zoom (Online)

    CPE : 10 Points

    CPD : 8 Points

    Speaker : Azhar Iskandar Hew (LL.B, STEP, AEPP)

    Course Details

    Learning Outcome

    There has always been a misnomer that Trust is only for the wealthy. It is no longer true. You do not need to be a millionaire or billionaire to have a Trust. Though Trust is not common to the man on the street, unlike a Will, it is nevertheless an important one to have to provide for your loved ones.

    Trust is so versatile that it can be customized to fulfill multiple objectives for a family. This session aims to explore the different ways to have a family trust for Muslims and non-Muslims.

    Participants will be able to:

    1. Explain the concept and structure of an express trust consisting of inter vivos trust, declaration of trust and testamentary trust
    2. Identify the suitable type of express trust to be used to fulfil different objectives for the family as well as creating the right structure for chosen type of trust.
    3. Determine the right type of assets for the trust and amount required for it.
    4. Evaluate the advantages and disadvantages of the chosen type of trust for each particular case.


    This is to test the understanding of the participants before the class


    This session explains:

    1. Differences between inter vivos trust, declaration trust and testamentary trust – structure, features, revocability and beneficial interests.
    2. Whether the trust is creditor proof from the creditors of the estate and/or in bankruptcy of the settlor or beneficiary?
    3. Tax implications on the assets used to create a trust and trust income.


    This session explains suitable situation for a trust, the right and wrong Trust structure to use:

    1. The only child who wants to make sure aged old parents are cared if the child dies first or becomes disabled before parents’ death.
    2. A soon-to-be-divorced father wanting to ensure his minor children will be provided for when they stay with their mother.
    3. Parents who are very concerned about maintaining the family wealth in the family for multiple generations and not to be diluted due to inheritance, divorce, children’s creditors and their spendthrift habits.
    4. A grandfather who does not trust the financial maturity of his children wants to ensure that his grandchildren will have a good education.
    5. Parents needing to ensure their special needs child is financially secured with a guardian to take care of their child.
    6. Ensuring an adopted child receives a bigger portion of wealth in addition to the one-third inheritance in a Muslim family.
    7. Setting aside for perpetual charitable giving for a road to heaven.
    8. Single parent is worried about her five young children.
    9. Smooth transition from patriarch to successor to continue the family business.
    10. Control and continuation of family business for multiple generations.


    This session explains:

    1. The advantages of a Trust such as avoidance of probate, Faraid, avoids fragmentation and wealth preservation.
    2. The disadvantages of a Trust in Malaysia such as the impact of taxation, poor understanding of Trust by intermediaries and inability of the settlor to understand the language in the trust deed


    This is to test the understanding of the participants after the class

    End of class

    Azhar Iskandar Hew, LL.B, AEPP, STEP, AFP

    Azhar Iskandar Hew is the Group CEO of Rockwills International Berhad and is a Director in Rockwills Advisory Services Sdn Bhd. He was previously the CEO of Rockwills Trustee Berhad. He is trained as a lawyer and holds a law degree from the University of London. He has more than 25 years of experience in the estate planning industry as a practitioner and guest speaker in Malaysia, Singapore and Hong Kong.

    Azhar is well known in the estate planning industry due to his wealth of experience in the industry. He is currently the Vice Chairman of the Malaysian Chapter of the Society of Trust and Estate Practitioners (STEP), an internationally recognized estate planning association. He is also a Committee Member of the Association of Trust Companies, Malaysia (ATCM). Over the years, he has written many articles on estate planning for financial planning magazines in Malaysia and was interviewed numerous times by BFM radio on estate planning matters.

    Azhar continues to advise clients and families in their estate plan, succession planning and business continuation to ensure that it will be carried out effectively and fulfil the intentions of the clients and their families.

    1. Registration is on a first-come-first-served basis, limited seats available.

    2. Participants need to sit in for both sessions in order to accumulate the points.

    3. Confirmation is subject to payment before the workshop.

    4. The program, speaker, date, etc is subject to change without prior notice.

    1. How long will each digital programme take?

    Each digital programme is the equivalent of a day’s training for approximately 8 hours. With the lunch break in between, the digital programme will usually take place for 6 hours.

    2. Can I attend only half sessions of the training?

    Yes, you may. However, you will not be granted full points from respective parties.

    3. Which forms of payment can I use?

    We accept payment by Online Bank Transfer.

    4. Who should I contact if there is any transactional issue or problem purchasing any product / service?

    Kindly contact our customer careline @ 013-3438829 or email to for further assistance.

    Enrolment validity: Lifetime