Secure Trust Launching - 31/03/2023

Innovating Estate Planning: The Official Launch of Secure Trust

On March 31, 2023, CNB Amanah Berhad proudly announced the launch of our newest estate planning solution: Secure Trust.

Designed to address the critical gap in financial liquidity during emergencies, Secure Trust serves as a dedicated Cash Trust. Its primary purpose is to act as an immediate emergency fund for beneficiaries upon the Settlor’s death or Total Permanent Disability (TPD).

Why Secure Trust?

In Malaysia, the probate process can often take months or even years, leaving families with frozen assets. Secure Trust solves this by:

• Bypassing Probate: Funds are available immediately without waiting for court orders, avoiding the long delays often associated with the Probate and Administration Act 1959.
• Instant Liquidity: Providing accessible cash for medical bills, funeral expenses, or daily living costs when it matters most.
• Simple Setup: A straightforward, hassle-free trust arrangement focused specifically on cash assets.

This launch marks a significant milestone in CNB Amanah’s mission to provide comprehensive and accessible trust services to all Malaysians.