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Administration of the deceased’s estates: an analysis to the effect of nomination

Drs Nasrul, Muhammad Amrullah and Halim, Akmal Hidayah and Mohd Salim, Wan Noraini and Abdul Hak, Nora (2018) Administration of the deceased’s estates: an analysis to the effect of nomination. In: 9TH UUM International Legal Conference 2017, 23-24 September 2017, School of Law, UUMCOLGIS, Universiti Utara Malaysia.

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Abstract

In the administration of estate, the asset related to nomination is governed under the nomination rules set by the different authorities, which gave rise to several nomination effects. Some of these nomination prevents the asset to be distributed to the rests of beneficiaries, other than the nominee. Other nomination effect grants the authority to the nominee as an administrator to that particular asset, without considering the capacity and ability of such nominee in distributing the asset. While the purpose of nomination is to ensure a quick and smooth process in extracting the deceased’s asset, the differences in the nomination effect tend to cause confusion, leading to disputes between the nominee and the beneficiaries in claiming the ownership of the estate. This paper discusses the position of the asset under nomination through the analysis of provisions under the Islamic Financial Services Act 2013 in relation to the administration and the distribution of the deceased’s estate. The research is conducted through the means of a library-based method which utilises written materials in several sources including journal articles, statutes, textbooks and cases. The finding in this study indicates that the lack of control by the institutions over the nomination process has led to the adverse implication involving the disputes between the parties. It is therefore suggested that the lawmaker needs to amend the nomination rules in order to harmonise the rights of the nominee and the beneficiaries of the deceased’s estates respectively.

Item Type: Proceeding Paper (Plenary Papers)
Uncontrolled Keywords: Administration of Estates, Nomination, Islamic Financial Services Act 2013, Administrator, Takaful, Conditional Hibah.
Subjects: K Law > K720 Property Law
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Ahmad Ibrahim Kulliyyah of Laws > Department of Legal Practice
Depositing User: Assoc Prof Akmal Hidayah Halim
Date Deposited: 09 Dec 2024 17:07
Last Modified: 09 Dec 2024 17:17
URI: http://irep.iium.edu.my/id/eprint/116413

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