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What Is UBB Cash Trust and
How Does It Work?

The UBB CASH TRUST is a trust that you establish in which you deposit funds that can be made available to your specified beneficiaries in the event of an emergency.

It provides rapid cash for expenses and relief during times of crisis, allowing your family to live by until the insurance pay out and/or access to your money in bank accounts following probate and will execution.

UBB Cash Trust To Access Cash

It will help your family with the fees of acquiring the Letters of Administration or Grant of Probate (mandatory legal documents) needed to unfreeze your assets (such as a bank account) after your untimely demise. This legal process will typically take more than 6 months and will be a significant strain on your family, who is already grieving. You should set up a reasonable amount in a UBB Cash Trust to cover these legal charges as well as your family’s living expenses during that time.

Cash Trust Quick Facts:

  • RM 60,000 (For Malaysian)
  • RM 300,000 (Non- Malaysian /PR)
  • RM 500,000 (Corporate/Company)
  • Tenure: 36 months
UBB Cash Trust Is Creditor Proof
It is a sum of money that you or your beneficiaries can withdraw at any time; however, terms and conditions will apply, if the funds are withdrawn before the maturity period. UBB Cash Trust cannot and will not be frozen in the event of death and it will not be claimed by creditor as the asset is legally owned by the trust.
UBB Cash Trust As A Safety Net
UBB CASH TRUST will keep your family solvent until the insurance claim is paid and your bank accounts are freed following probate. This money can also be utilised to pay for legal expenditures linked with obtaining inheritances and funeral expenses.

Be Prepared For The Worse

Planning for an unexpected event in your life is like wearing your seatbelt. On any given day, you expect to drive safely to your destination,
but you wear seatbelts every time you get in your car as a precaution.

UBB Cash Trust Can Help You With

01
Maximize the benefits

We help you to plan your estate to maximize the benefits of your wealth for family members and others

02
Fees

We help you cover the probate fees and legal fees

03
Wishes

We help you to transfer wealth to your beneficiaries in accordance with your wishes and not in accordance with the laws of the country where you live

04
Wealth Protection

We help you to preserve your wealth against uncertainty, economic or family

05
Emergency Cash

We help you to ensure your surviving spouse/family member has the swift cash to deal with emergency expenses, ie. funeral cost and probate

We help you to create a financial impact to your future

Let’s Build A Powerful Legacy Today