Secure Trust Client Testimonials – Jacky Nga

Why Estate Planning Matters: Jacky Nga’s Perspective

In this client feature, Jacky Nga shares his proactive approach to legacy planning and why he chose Secure Trust by CNB Amanah to protect his family’s financial well-being.

The Problem: The Risk of “Asset Freezing”

Many Malaysians are unaware that upon death, personal bank accounts are immediately frozen. Jacky highlights a common concern among professionals and business owners:

“I worked hard to build my wealth, but I realized that if something happened to me, my family wouldn’t be able to access a single cent until the legal probate process is over. That could take months or even years.”

The Solution: Instant Liquidity with Secure Trust

To bridge this gap, Jacky set up a Secure Trust—a specialized Cash Trust designed to act as an immediate emergency fund. Unlike a Will, which requires a court order to execute, a Secure Trust offers:

• Immediate Access: Beneficiaries receive funds within days of a death or TPD (Total Permanent Disability) event.
• No Legal Delays: The trust bypasses the complex and lengthy probate process entirely.
• Family Security: It covers immediate expenses like funeral costs, household bills, and loan repayments while the main estate is being settled.

Why CNB Amanah?

Jacky commends CNB Amanah for their professionalism and transparency. As a licensed Trust Company in Malaysia, CNB Amanah provided him with the regulatory assurance and expert advice needed to structure his trust correctly.