1. 1 1 Creating a Wealth Preservation Blueprint for your Loved Ones Private Trustee Services RHB Trustees Berhad (formerly known as OSK Trustees Berhad)

2. 2 Private Trustee Services At RHB Trustees Berhad, we believe in planning ahead… …by using our Private Trustee Services, you can protect your loved ones and your assets!

3. 3 WHAT IS A TRUST? Private Trustee Services

4. 4 What is a Trust? It is where you (“Settlor”) settle assets to the Trustee who is under a legal obligation to hold and manage assets for the benefit of your beneficiaries for a duration of time. Trustee Trust Deed Beneficiary Funding of the Trust You can use any asset that is free from encumbrances or lien. Commonly used assets include: Cash Insurance policies Unit trust Stocks and Shares Landed property Assets transferred during the Settlor’s lifetime to Trustee holds and manages the trust assets Enjoys the benefits of the trust Written instructions on terms of Trust Settlor Private Trustee Services

5. 5 1) Distribution according to your instructions Ensure proceeds are used for the actual intended purpose(s) and beneficiaries You can decide on when and how to distribute The trust can be tailor-made to meet various needs and objectives 2) Immediate usage of funds and easy to create No Probate or Letters of Administration is required Fund is not frozen upon demise Requires only payment of a small insurance premium to create a large trust fund (for Insurance Trust) Private Trustee Services – Why Set Up A Trust?

6. 6 3) Choice of beneficiaries Any persons Any organizations Inheritance (Family Provision) Act 1971 does not apply 4)Creditor proof For irrevocable trust only After 5 years upon creation of trust Full protection against creditor during bankruptcy Private Trustee Services – Why Set Up A Trust?

7. 7 5) Applicable to Muslims Can be used to distribute assets to the beneficiary(ies) of choice Exempted from Faraid distribution (for irrevocable trust only) 6)Confidential Terms of the trust are confidential to ensure privacy It is a private document between the Settlor, Trustee and Beneficiary, unlike a Will (which becomes a public document when applying for Probate) Private Trustee Services – Why Set Up A Trust?

8. 8 Our Private Trustee Services Private Trustee Services

9. 9 Insurance Trust Business Succession Trust Business Succession Trust Investment Charity Private Purpose Trust Private Purpose Trust RHB’s Private Trustee Services Private Trustee Services

10. 10 Settlor Insurance Policy Insurance Policy Absolute Assignment Absolute Assignment RHB Trustees Beneficiary Trust Deed (Contains the terms of the trust) (Holds and manages trust fund) Insurance Trust - Structure

11. 11 This Trust allows the Settlor to: Distribute insurance proceeds to anyone or organization Have multiple levels of beneficiaries Determine the percentage the beneficiaries receive State any legal conditions for the income to be enjoyed Have staggered payments to the beneficiaries Consolidate multiple insurance policies into the trust Proceeds are exempted from Faraid Distribution Insurance Trust

12. 12 Settlor Any Asset free from encumbrances Trustee Beneficiary(ies): Individual Charitable organization Trust Deed Fulfill the various objectives of the Trust Education expenses Lifestyle and maintenance Charitable objectives Successive generations Creditor protection Investment Trust Assets can be invested Private Purpose Trust - Structure

13. 13 A multi-purpose and flexible trust that protects your wealth and assists you in your estate, investment, retirement, and education planning Multiple type of assets that are free from encumbrances can be settled into the trust It can be catered to benefit successive generations Trust can be customized to cater for various needs Private Purpose Trust

14. 14  Surviving partners and heirs of deceased partner can’t get along  Heirs of deceased partner can’t or are unwilling to contribute to the business  Heirs of deceased partner interferes in the management of the business  Heirs of deceased partner sells their stake in the business to outside parties  Agreement can’t be reached on selling price What are the potential problems when a partner dies? Business Succession Trust

15. 15 Guarantees sale of share of partnership at a full and fair value. Provides a smooth transfer of partner's interest at death or disability with the implementation of a trust deed Ensures that non-liquid stock is converted to liquid income, providing a fund for the benefit of the deceased's family. The Objectives Business Succession Trust

16. 16 A B C Life Insurance Policy (on their own life) Buy-Sell Agreement Trust Deed & Power of Attorney Absolute Assignment A B C Individual Trust Deeds RHB Trustees Business Succession Trust - Structure

17. 17 It obligates:  Surviving shareholders to buy; and  Personal Representative of deceased shareholder to sell a deceased shareholder’s stake in the business BUY-SELL AGREEMENT Business Succession Trust

18. 18 Transfer Deceased Shareholder’s shares to remaining shareholders Pays shares consideration to Deceased shareholder’s estate RHB Trustees Collects proceeds pays Surviving shareholders notifies Insurance Co. THE TRIGGER EVENT Business Succession Trust

19. 19 Why Choose RHB Trustees? Private Trustee Services

20. 20  Our People – Our team’s ability to combine our legal expertise with knowledge in financial planning  Our Products – We offer a variety of innovative trust products to provide clients with wealth preservation and estate planning services  Our Brand Name – We are an established trust company backed by RHB Banking Group and has been continuously creating awareness of trusts by way of seminars and articles  Our Marketing Channels – We have a strong distribution network with thousands of agents nationwide RHB Trustees’ Competitive Edge

21. 21 Our Wide Range of Services Private Trustee Services

22. 22 1.Will / Wasiyyah Writing 2.Professional Executor Services 3.Custodian Services 4.Professional Private Trustee Services: a)Insurance Trust b)Private Purpose Trust (includes Investment & Charity) c)Business Succession Trust d)Testamentary Trust e)Offshore Trust 5.Estate Administration 6.Attorney/Agent for Executor 7.Trustee for Unit Trust Schemes, Real Estate Investment Trusts (REITs), Private Retirement Schemes (PRS), Employee Share Option Scheme (ESOS), Memorial Parks, provident and retirement funds 8.Stakeholders Our Wide Range Of Services