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Q.

Should Senior Citizens while alive disclose their wealth to their children ? ?

Tags: money, citizens, senior citizens
Asked by Mahesh Gopal Shanbhag, 09 Jan '13 03:32 pm
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Answers (4)

 
1.

More than disclosing, its better if they prepare a will in advance
Answered by rajnikant raiyarela, 09 Jan '13 03:40 pm

 
  
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2.

Disclose ok, but they should only make a will but should not transger their property in the name of their children as long as they are alive
for example my children know the value of my propery and the bank fds, and i have made a will, registered it and given both on e copy each there is no harm in children knowing what u own. rather they must know
Answered by iqbal seth, 09 Jan '13 03:35 pm

 
  
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3.

Yes in detail
Answered by saranathan Narasimhan, 09 Jan '13 03:33 pm

 
  
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4.

Yes .....It is better to know that.
Answered by anantharaman, 09 Jan '13 07:14 pm

 
  
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