The will is a unilateral non-receptive legal actcause of death through which a person expresses his will and has his rights for the time in which he has ceased to live.
Def.Wikipedia
Four out of ten investors in the world do not have an updated will or a plan for transferring assets to their heirs.
This can be read in the investigation UBS Investor Watch “Dividing and sharing at its best” aimed at studying the themes of succession and generational passage.
Here are the answers given by you 4.500 investors with significant assets in the United States, in America Latina, in Europe and Asia.
And in Italy? There's no mention of it in the family!
In Beautiful country of superstitious citizens, the Italians, it is taboo to even broach the topic of death (testament, succession, etc..).
And so very often the accumulated wealth* from the generations of grandparents and fathers (case, money, etc..) faces financial losses and disagreements among heirs.
Read here on the topic of estate planning
Read here on the topic of generational transition
Alex Gaetani