Are contents of vaultbox subject to will and inheritance laws?

Modified on Wed, 10 Nov 2021 at 06:12 PM

Q: Are the contents of vaultbox subject to will and inheritance laws or would this act like a direct transfer of assets in the event of passing on?


A: vaultbox is an efficient way to catalog/inventorise your assets and subsequently pass that information to your loved ones after death or incapacity (but not to legally transfer ownership of the assets, which is why wills, trusts, and other planning tools are still necessary).

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