Posted by
nixodian
16 yrs ago
l have been thinking about it and have come up with an idea, anybody got any views about feasibility?
If you have someone you wholeheartedly trust, in my case, my mother, then you can put all / most of your financial assets in her name. She then puts these assets in her will which appoints you as the inheritor. I live in Hong Kong where there is no CGTax on property or the much hated IHTax so this should work. Can anyone see any disadvantages? I also have a bank account in her name, I have the ATM card which l use as if it was my named account. This, as with everything else, is appointed to me in her will.
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