Status of property nominee for employees provident fund
The movable and immovable assets owned by the deceased while he was alive are categorized, as asset inheritance including any incomes, interests, rentals or dividends derived from those assets as long as not yet divided and distributed to the rightful heirs. Nonetheless, there are confusions in...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Medwell Journals
2017
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| Subjects: | |
| Online Access: | http://ddms.usim.edu.my:80/jspui/handle/123456789/15451 |
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| Summary: | The movable and immovable assets owned by the deceased while he
was alive are categorized, as asset inheritance including any incomes,
interests, rentals or dividends derived from those assets as long as not
yet divided and distributed to the rightful heirs. Nonetheless, there are
confusions in determining new societal issues of inheritance whether this
inheritance can be categorized as a bequest or not, inter alia is the
Employees Provident Fund (EPF) savings with assigned nominees. Hence,
this working study will explain the status of property nominee for EPF
and the role of the nominee over those savings. © 2013 Medwell
journals. |
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