Tag: asset transfer

If you are a legal heir but another family member is the sole nominee, even if there is a will which states that you should receive a share of the financial asset, the nominee may refuse. (Unsplash)
Posted in Business

Your Money: The hidden challenges of inheriting wealth

Inherited wealth is often referred to as a windfall gain, until you realise that it comes with transfer formalities, court visits, perhaps a tax incidence,…

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