Friday, August 30, 2019

write it in a will


The assets owners
While you are living
You shouldn’t transfer it all
To your children or close relatives

You can will it
Without telling them a reason
You can stay quiet
Let your lawyers do the talking

There are cases of poor judgement
Once they transferred the assets
The former owners become homeless
The former owners become poor

A case in Thailand
The father bought a land built a house
All under in his young son’s name
When the son grew up, he wanted his property
It resulted in a legal dispute in court

The father lost his case
It is registered under his son’s name
The court awarded his son the sole right
The son kicked out his own father!

The father paid for the land and house
He showed his documentary receipts
Yet the judge didn’t accept his arguments
His son is the sole rightful owner of the land

Similarly, it can happen here
So, the assets owners think hard on it
Once you transfer it all to your children
You have no sole right at all

Write it in a will
You don’t have to tell anybody
Let your lawyer handle it
When the time you leave the stage

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