Small Estate Distribution Act

Definition of small estate.

Small estate distribution act. P eninsular m alaysiañ 1 m ay 1958. A 446. Saraw akñ 12 d ecem ber 1986 p u. Distribution under the small estates distribution act 1955 the administration of a small estate is governed by the small estates distribution act 1955 in malaysia.

Act 300 distribution act 1958 incorporating all amendments up to 1 january 2006 published by the commissioner of law revision malaysia under the authority of the revision of laws act 1968. Small estates distribution act 1955 an act relating to the distribution of small estates of deceased persons and matters incidental thereto. Johore negeri sembilan pahang perak perlis selangor and terengganu 1 july 1957 l n. The act provides a method through a court proceeding to distribute personal property only of a deceased person in a summary distribution manner to a surviving spouse or appropriate distributees of the decedent without full probate.

What are the value limits for summary distribution under this act. This is done under the small estates distribution act 1955. A small estate means an estate of a deceased person not exceeding rm2 million in total value without deduction of debts and the estate must at least consists of a land or building i e. Small estates distribution 7 laws of malaysia act 98 small estates distribution act 1955 an act relating to the distribution of small estates of deceased persons and matters incidental thereto.

Interpretation given under section 3 2 the small estates distribution act 1955 describes a small estate is the assets of the deceased consists in whole or in part is immovable property located in any state and the total value of not more than rm2 million on the date of application made from 1 september 2009. First the total value of his assets must not exceed rm2mil. A n a ct relating to the law of distribution of intestate estates. Short title and commencement 1.

1 this act may be cited as the small estates distribution act 1955 and shall come into force in relation to any state on such date as the minister may by notification in the gazette appoint and the minister may appoint different dates for different provisions of this act. Second the deceased person must not have left a will. What is the alabama small estates act. This act provides a method through a court proceeding to distribute personal property of a deceased person in a summary distribution manner to a surviving spouse or appropriate distributees of the decedent without full probate administration.