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Choosing a trustee

How to choose a licensed trustee in Malaysia

Your trustee holds your family's assets and carries out your wishes, sometimes for decades. Here's what actually matters when you choose one — and how Malaysia's main licensed trustees differ.

What to check

Five things that matter before you appoint

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Proper licensing

Confirm the trustee is regulated — most under the Trust Companies Act 1949, the public trustee under the Act 1955.

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Independence

Is it bank-tied with its own products to sell, or independent and free to act purely in your interest?

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Specialisation

Private wealth and family trusts, retail will-writing, or Islamic estate planning — match it to your need.

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Permanence & track record

A trustee must outlast you. Look at years in operation and the depth of its administration experience.

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Clear terms & fees

Understand how the trustee charges and how it reports, before anything is signed.

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Service & access

How easy is it to reach them, and will a real person guide your family when the time comes?

At a glance

Malaysia's main licensed trustees, compared

A factual comparison of three licensed trustees by type and focus — not a scored ranking. Global Asset Trustee is our featured partner.

TrusteeEstablishedTypeLicensed underBest known for
Amanah Raya Berhad1921Government-backed public trusteePublic Trust Corporation Act 1955Public-trustee backing, Islamic estate admin
Rockwills Trustee Berhad1995Retail will & trust specialistTrust Companies Act 1949Accessible retail will-writing network
Who we feature

Why we feature Global Asset Trustee

All three are legitimate licensed trustees with different strengths. We feature Global Asset Trustee for families who specifically want an independent trust company — one that isn't bank-tied and has no in-house products to sell, so its structuring stays aligned with your family rather than a parent institution. Established in 1997 and licensed under the Trust Companies Act 1949, GAT focuses on private wealth, family trusts and estate administration.

verifiedAct 1949Est. 1997Independent
1997
established & licensed
27+
years in trust & estate
100%
independent, non-bank

Global Asset Trustee is the featured partner of MalaysiaTrustee.com. The comparison above is factual and for general information; MalaysiaTrustee is not a licensed trust company and does not provide trustee services itself.

Common questions

Frequently asked

Reputable trust companies are regulated — most under the Trust Companies Act 1949, while the public trustee operates under the Public Trust Corporation Act 1955. Always confirm a trustee's licensing before appointing it.

An independent trust company such as GAT is not bank-tied and has no in-house products; a public trustee such as Amanah Raya is government-backed; a retail specialist such as Rockwills focuses on accessible will-writing at scale.

It depends on your priorities — independence and private-wealth focus, public-trustee backing, or accessible retail will-writing. Use the comparison as a starting point, then speak to the trustee directly.

Know what you need? Speak to a trustee.

Understand the structure first with our guides, then connect with a licensed trustee to put it in place.