A lot of people, for various reasons, keep their bank accounts, investment accounts, lands, cars, and other properties hidden from the whole world, including their wives, husbands, siblings, friends and even children.
This is a very huge mistake you cannot afford to make. This mistake is often realised in the grave, after one dies.
In most instances, rich men and women leave behind millions of dollars or cedis in secret bank and investment accounts, and after their death nobody comes forward to make a claim to them.
Strangers such as bank managers and other stakeholders become the beneficial owners of your hard-earned cash, just because you made the mistake of keeping relevant information hidden from your close friends, trusted colleagues, spouses, siblings and family members, when you shouldn’t have.
For this reason, in dealing with a financial institution, you are advised to:
1. Identify a particular person you can trust with details of your hidden accounts;
2. Make sure the said person has knowledge of all the financial institutions you bank with or invest with;
3. Make sure this said person, again, has knowledge of your accounts’ numbers and details with each of the financial institutions, since knowledge of the financial institutions alone is not enough; and
3. Finally, make sure to give each financial institution a special directive to always seek your approval on every transaction on your accounts. This helps prevent fraudulent transactions by your trusted person.
Regarding documents covering your secret cars and landed properties, including any other properties, make them available or accessible to your trusted friends, spouses, children, colleagues and family relations, so that after your demise, your properties don’t go missing.
Good one
Who to trust is the issue.
Friends have become enemies overnight over a simple quarrel but it is important someone has knowledge of your investment to avoid the points espoused above.
Every educative
Thank you
That would have been enough if the banks were calling on them to make a claim. It is unfortunate that the most banks are hiding the accounts of deceased persons from their next of kin.