Trust Services
A trust is a legal arrangement where a trustee holds and manages assets on behalf of beneficiaries according to the terms of a trust agreement.
CNB Amanah provides professional trust and trustee services in Malaysia, helping individuals, families and business owners establish suitable trust arrangements. Our customised trust solutions support the management and distribution of assets according to the settlor’s wishes and the terms of the trust.
Professional Trustee Services in Malaysia
Benefits of Trust Services
Professional trustee services help individuals, families and business owners manage assets under an established trust arrangement. As a licensed trust company in Malaysia, CNB Amanah supports suitable trust structures, trustee responsibilities and beneficiary arrangements according to the terms of each trust.
Whether planning for family members, future asset distribution or business continuity, choosing the right trustee is an important part of effective estate and legacy planning.
Avoid Probate
Trusts allow assets to be transferred to beneficiaries without the need for probate, which can be a lengthy and expensive process.
Asset Protection
Trusts can protect your assets from creditors and potential legal claims.
Control Over Distribution
You can specify when and how your assets are distributed, ensuring they are used according to your wishes.
Support for Minor or Disabled Beneficiaries
Trusts can provide financial support and management for minor or disabled beneficiaries.
Tax Benefits
Some trusts offer tax advantages, helping to reduce estate and gift taxes.
Types of Trust
Asset Management
Revocable Living Trust
Can be altered or revoked during your lifetime, providing flexibility in managing your assets.
Asset Protection & Tax Benefits
Irrevocable Trust
Once established, cannot be changed, offering greater asset protection and potential tax benefits.
Disability
Special Needs Trust
Designed to provide for a disabled beneficiary without affecting their eligibility for government benefits.
Charitable Giving & Tax Benefits
Charitable Trust
Established to benefit a charitable organisation, offering both philanthropic satisfaction and potential tax deductions.
Life Insurance Management
Insurance Trust
Designed to hold life insurance policies. Ensures the funds are used according to the policyholder's wishes.
Flexible Asset Distribution
Hybrid Trust
Combines elements of both discretionary and fixed trusts, offering flexibility and control over the distribution of assets based on changing needs.
Asset Management & Beneficiary Protection
Private Trust
Created for the benefit of specific individuals, such as family members, providing tailored management and distribution of assets while protecting them from creditors.
Emergency Fund & Avoiding Probate
Secure Trust
Uses cash placed as a trust asset for the benefit of your beneficiaries, serving as an emergency fund for the settlor upon Total Permanent Disability (TPD) or for beneficiaries upon the settlor's death.
Long-term Financial Planning
Saving Trust
Allows the accumulation of savings within a trust structure, providing benefits for
Corporate Asset Management
Corporate Trust
Established for corporate entities, providing management and administration of corporate assets and responsibilities.
Flexible Estate Planning
Customised Trust
Tailored to meet the specific needs and goals of the settlor, offering flexible solutions to complex estate planning needs.
Types of Trust Services
Insurance Trust
Life Insurance Management
Designed to hold life insurance policies. Ensures the funds are used according to the policyholder's wishes.
Hybrid Trust
Flexible Asset Distribution
Combines elements of both discretionary and fixed trusts, offering flexibility and control over the distribution of assets based on changing needs.
Private Trust
Asset Management & Beneficiary Protection
Created for the benefit of specific individuals, such as family members, providing tailored management and distribution of assets while protecting them from creditors.
Secure Trust
Emergency Fund & Avoiding Probate
Uses cash placed as a trust asset for the benefit of your beneficiaries, serving as an emergency fund for the settlor upon Total Permanent Disability (TPD) or for beneficiaries upon the settlor's death.
Saving Trust
Long-term Financial Planning
Allows the accumulation of savings within a trust structure, providing benefits for long-term financial planning and security.
Corporate Trust
Corporate Asset Management
Established for corporate entities, providing management and administration of corporate assets and responsibilities.
Corporate Asset Management
Customised Trust
Flexible Estate Planning
Tailored to meet the specific needs and goals of the settlor, offering flexible solutions to complex estate planning needs.
Revocable Living Trust
Asset Management
Can be altered or revoked during your lifetime, providing flexibility in managing your assets.
Irrevocable Trust
Asset Protection & Tax Benefits
Once established, cannot be changed, offering greater asset protection and potential tax benefits.
Special Needs Trust
Disability
Designed to provide for a disabled beneficiary without affecting their eligibility for government benefits.
Charitable Trust
Charitable Giving & Tax Benefits
Established to benefit a charitable organisation, offering both philanthropic satisfaction and potential tax deductions.
Our Trust Services Process
At CNB Amanah, our trust services process begins with understanding your family circumstances, assets and long-term planning goals. Our team will guide you through suitable trust arrangements, trustee responsibilities and the key considerations involved in establishing a trust in Malaysia.
Each arrangement is reviewed according to your individual needs, the intended beneficiaries and the applicable trust requirements.
Why Choose Our Trust Services
Choosing a professional trustee is an important part of estate and legacy planning. As a licensed trust company in Malaysia, CNB Amanah provides trust and trustee services tailored to the needs of individuals, families and business owners.
Our approach focuses on understanding your objectives, establishing suitable trust arrangements and supporting the responsible administration of assets for your intended beneficiaries.
What Does a Professional Trustee Do in Malaysia?
A professional trustee is responsible for administering assets held under a trust according to the trust deed and applicable Malaysian law. Depending on the trust arrangement, these responsibilities may include managing trust assets, maintaining records, carrying out permitted distributions and safeguarding the interests of beneficiaries.
Professional trustee services can provide continuity in trust administration, particularly when arrangements involve multiple beneficiaries, long-term family planning or business succession needs.
Don't Hesitate to Contact Us, We Will Give You The Best!
Looking for professional trust or trustee services in Malaysia? Speak with the CNB Amanah team to better understand the available trust arrangements and explore suitable options for your family, assets or business planning needs.
FAQ About Trust & Trustee Services in Malaysia
Frequently Asked Questions About Trust & Trustee Services in Malaysia
1. What is a trustee service in Malaysia?
A trustee service involves an appointed trustee holding, managing or administering assets for beneficiaries according to the terms of a trust deed. Professional trustee services in Malaysia can help individuals, families and business owners establish suitable arrangements for long-term asset management and distribution.
2. What is the difference between trust services and trustee services?
Trust services generally refer to establishing and supporting trust arrangements, while trustee services focus on the responsibilities of the appointed trustee. These responsibilities may include administering trust assets, maintaining records and distributing assets according to the trust deed.
3. Do I need a professional trustee in Malaysia?
Not every trust requires a professional trustee. However, appointing a professional trustee may be helpful when managing complex assets, multiple beneficiaries, long-term family arrangements or business succession matters.
4. Can a trustee manage assets for children or family members?
Yes. Depending on the trust arrangement, a trustee may manage assets for children, family members or other designated beneficiaries. The trust deed sets out how and when assets may be managed or distributed, subject to applicable Malaysian law.
5. How much do trustee services cost in Malaysia?
Trustee service fees depend on the type of trust, assets involved, administrative responsibilities and complexity of the arrangement. Individuals and families can contact CNB Amanah to discuss their requirements and request information about applicable fees.
6. How can I appoint CNB Amanah as my trustee?
You can contact CNB Amanah to discuss your objectives, intended beneficiaries and the assets involved. The team can explain suitable trust arrangements, the relevant documentation and the process for appointing a trustee, subject to assessment and acceptance.
