{"id":51908,"date":"2025-09-30T11:17:20","date_gmt":"2025-09-30T11:17:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/51908\/"},"modified":"2025-09-30T11:17:20","modified_gmt":"2025-09-30T11:17:20","slug":"institute-proposes-rm1000-tax-relief-for-wills-trusts-estate-planning-services-in-budget-2026-wishlist","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/51908\/","title":{"rendered":"Institute proposes RM1,000 tax relief for wills, trusts, estate-planning services in Budget 2026 wishlist"},"content":{"rendered":"<p>\nFacebook<br \/>\nTwitter<br \/>\nLinkedIn<br \/>\nThreads<br \/>\nWhatsApp<br \/>\nTelegram\n<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-1280869\" class=\"size-full wp-image-1280869\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/09\/ok-kch-260925-lhp-miepbudget-p1.jpg\" alt=\"\" width=\"1000\" height=\"668\"\/><\/p>\n<p id=\"caption-attachment-1280869\" class=\"wp-caption-text\">See says these measures are not just for the wealthy group.<\/p>\n<p>KUCHING (Sept 28): The government should offer a RM1,000 tax relief for wills, trusts and estate-planning services under Budget 2026.<\/p>\n<p>This is among the highlighted items on the Malaysian Institute of Estate Planners\u2019 (MIEP) \u2018Budget Wishlist\u2019, which it has submitted to the Finance Ministry.<\/p>\n<p>The organisation also calls for practical measures to make estate-planning easier, reduce unclaimed monies, protect family businesses, and grow Malaysia\u2019s position as a regional wealth hub.<\/p>\n<p>Other key highlights are raising stamp duty exemption for family property transfers from RM1 million to RM1.5 million \u2013 RM2 million in Sabah and Sarawak, and exempt succession of family businesses from capital gains tax to ensure continuity.<\/p>\n<p>The MIEP also calls for a central database to reduce missing wills and delays, as well as a digital system to resolve simple cases within 30 to 60 days.<\/p>\n<p>Other highlights include the \u2018Insurance Trusts\u2019, the one-time RM300 rebate to encourage adoption, and the \u2018Forest City Hub\u2019, out to improve family office schemes with lower entry thresholds, wider investment scope and 10-year tax certainty.<\/p>\n<p>According to MIEP president See Kok Loong, these measures are not just for the wealthy group.<\/p>\n<p>\u201cThey will help ordinary families protect their homes, keep SMEs (small-medium enterprises) alive, and make Malaysia a stronger financial hub,\u201d he said in a statement.<\/p>\n<p>\nFacebook<br \/>\nTwitter<br \/>\nLinkedIn<br \/>\nThreads<br \/>\nWhatsApp<br \/>\nTelegram<\/p>\n","protected":false},"excerpt":{"rendered":"Facebook Twitter LinkedIn Threads WhatsApp Telegram See says these measures are not just for the wealthy group. KUCHING&hellip;\n","protected":false},"author":2,"featured_media":51909,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[44640,138,44641,246,7240,44642,111,139,69,244,245,44643,9438,24943],"class_list":{"0":"post-51908","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-budget-2026","9":"tag-business","10":"tag-estate-planning-services","11":"tag-finance","12":"tag-lead","13":"tag-miep","14":"tag-new-zealand","15":"tag-newzealand","16":"tag-nz","17":"tag-personal-finance","18":"tag-personalfinance","19":"tag-tax-relief","20":"tag-trust","21":"tag-wills"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/51908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=51908"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/51908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/51909"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=51908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=51908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=51908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}