Here is a question from a mortal investor:
What happens if an investor past away? To whom will the fund go?
Here is a short answer from our friend Sir Aya Laraya:
It is handled like other assets of the deceased under Phil law. Estate taxes have to be paid first before the heirs can get the shares.
Just a quick-reality check for you.
Have fun (and be healthy) investing!
PS1: If you’re a beginner investing in the Philippine Stock Market, download your investing book here – Investing in the Philippine Stock Market for Beginners! If not, share it to your beginner friends!