ARTICLES & IDEAS

If I Am Gone, Who Keeps Paying?

Home, car and business financing can put pressure on family cash flow if income changes.

Original visuals in Bahasa Melayu. English explanations are provided on this page.

Tap the visual to enlarge.

If I Am Gone, Who Keeps Paying? — home, car and other financing commitments — Example figures to begin a review. The actual gap depends on assets, financing protection, loan terms and dependants; it is not a debt amount automatically payable by heirs.

When We Are Gone, Who Bears the Debt? — estate debts, heirs and joint commitments — Read together with the first visual. Heirs do not automatically inherit all personal debts. Review joint borrowing, guarantors and related protection with the appropriate parties.

Start with a review.

List outstanding commitments, financing protection and dependants. Children do not automatically inherit all personal debts. Seek estate guidance for complex circumstances.

List family needs, commitments and existing protection.
Discuss benefit amounts and conditional hibah nomination with an adviser.
Review when dependants or family circumstances change.

Understand first. Review first. Then choose.

Everyone has different needs. Use this idea to start a discussion, not as a personal product recommendation.

Review my needs