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Kent, 4 0 , widower, is an executive director in a multinational company. He has a downsyndrome child, aged 1 5 , who currently studies

Kent, 40, widower, is an executive director in a multinational company. He has a downsyndrome
child, aged 15, who currently studies in a special care centre.
4015
Kent has invested in few high-end properties located in Mont Kiara and two town houses in
the outskirts of KL city. He intends to create a trust to provide maintenance to his downsyndrome
child with his liquid assets (bank account/FD/unit trust) and all the properties in
the event of his death.
//
However, Kent concerned about the huge amount of stamp duty if he transfers his
properties into the trust and he would like to reserve control on his liquid assets during his
lifetime.
As an estate planner, how do you advise Kent?

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