Boy is sleeping now. Not cooking dinner tonight so I have a bit of time (at the expense of a tidy house, actually).
Some updates:
1. We *may* move to a new place. Signed some forms which allow the buyer a 21-day period to pull out. If they pull out, all deals are off. So, we have surrendered everything to Allah. Allah knows best.
2. We wish we got a better price for the sale of our present home. It is $15k below what we expect to get from the sale. But, again, I must tame my heart and accept that this is rezeki from Allah. We still get a tidy profit so one cannot be too greedy.
3. TheHusband and I have been thinking about our mortality. So, these are the things that I've lined up for myself. Holiday planning (1.5 weeks to go and our itinerary still looks so kosong.), renovating and moving house (if everything mentioned in #1 worked out), plan and write will.
4. Will writing will involve a lawyer. But you will save your children and relatives a lot of headache. Having witnessed this process when an elderly relative passed on without a will (which of our makcik/pakcik in their 60s/70s/80s bothered with wills?), the process of releasing her estate from the bank/CPF was a cumbersome process involving lawyers. So, it is best to write a will. That will will change over time. For now, the will which I'll be writing will be for the next 16-18 years when the children are still young. Who will take care of them? (Which aunt? Uncle?) Housing arrangement? Schools? Funds to cover their living expenses.
Once they are all adults, the will changes again and again and again. We shall see. (Those who are interested in this should check MUIS' faraid calculator. It shows who will receive the money you'll leave behind. You can will away 1/3 of your wealth in any way you please.)
5. Must help Huda improve her Malay AND English. SA1 results. :crying face:
Will stop now. More things for me to check on the computer. Must resist going to home reno pages and forums. Must plan holiday itinerary.
2 comments:
I'm sure you're having ur holiday now.. Enjoy yourselves!!!
Wah u're moving near to ur mom's place?? Exciting indeed!
I've been thinking about writing a will for a while now too. Must find out and write that will soon. I want to give everything i hv to hazim, can? Hehe.. will find out.
-yati
Eh, i missed this!
Aku kepo and used a faraid calculator (muis website ada) and most likely hazim will get a big chunk.
if you want to, you can also will off 1/3 of your harta in any way you want not according to faraid. think of me when you do this eh. lols!
for me, the will writing part is also about caring for the kids when we are gone, just in case both kman and i die when they are still young. we need to decide on caregivers and think of setting up some kind of trust fund that can only be used for the pursuit of education and if there's any leftovers, they can have access to the money when they are 30 or so. i also want to make sure that the caregivers will be given an amount so that they can take good care of the kids and that my kids wont be a financial burden to the caregivers. so many things to think about!
but for now, must focus on the home reno. by early next year, can start looking for lawyers to draw up some kind of will, insya Allah.
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