Estate Taxes: What You Should Know

This article provides a foundational overview of estate taxation, defining the assets that comprise a deceased person's estate and distinguishing between testate and intestate administration. While it clarifies that Malaysia abolished estate tax in 1991, the guide details other critical tax obligations that remain relevant, including Real Property Gains Tax (RPGT) on asset disposals, stamp duty on property transfers, and the income tax responsibilities of an executor during the estate's administration.