Personal Finance
What Happens to Your Assets When You Pass On
By Doctor Wealth  •  June 30, 2015
William Shakespeare bequeathed his second best bed to his wife, Alexander McQueen left £50,000 of his £16M fortune to his pet dogs, while inventor of the iconic Pringles can Frederic Baur requested to be cremated and buried in – no guesses – a Pringles can. Do you know what will actually happen to your assets should you pass on without a will? Let’s find out. Words by Timothy Ho — A discussion about death is not something anyone enjoys. However, as the saying goes, nothing in this world can be said to be certain, except death and taxes. Not making a will or having a candid discussion beforehand on how your assets should be distributed after your death may actually cause more trouble in future for your family and loved ones. But before going to a company that does estate planning (i.e., a company that helps you with ......
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By Doctor Wealth
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