A question from a mortal investor investing in the Philippines Stock Market

Here is a question from a mortal investor:

What happens if an investor past away? To whom will the fund go?

http://www.flickr.com/photos/12836528@N00/1804080776

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.

Live long!

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!

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