There are some family secrets that end up becoming great regrets in the long run. Have you imagined why some people who lost their lives, perhaps accidentally, never get anyone to claim some of their assets somewhere? That is because they never see it as a necessity to disclose every piece of information to their close family members.
Life is really unpredictable, and death doesn't announce when it is taking anyone away from the world. Due to some personal reasons, there are people whose wealth ends up sitting somewhere without their family or friends knowing anything about them.Sometimes, it's usually in the favor of the banking sector to use their millions of naira for business and investment when no one comes to claim the money. Of course, who will go claim what he isn't aware of?
I was in a conversation with a friend yesterday evening, and he was telling me how his wealthy uncle died and the wife and children never knew about most of the man's assets all over the state. Obviously, when he was alive, he made the family aware of some and didn't think it was necessary to carry them along in all his assets, not knowing that a day would come when he would no longer be on this earth to keep protecting his wealth. After 7 years of the man's death, a friend of his, maybe out of his conscience, came to the wife and informed her of his husband's assets. Can you just imagine? He must have swam in the man's wealth and saved much before letting the man's family know. Of course I wouldn't blame the friend; I would blame the dead, but of what use now? It then becomes a lesson to you and me to always let a family member know of our assets for wealth continuity. No one knows what tomorrow will turn out to be.
There was also a case of a guy who died during COVID lockdown; his wealth came from crypto, and when he died, his family couldn't get a pin out of his wealth because they couldn't access his wallet, and over $50,000 was left in one wallet without any use.
I am wondering why he would hide everything from everyone; does it mean that he doesn't have anyone he can trust in his life?.
Aside from that, I thought that letting your kids or your siblings know much about the business you are into would enhance wealth continuity. If it's only you who know about that business, it might close tomorrow if you are found wanting. There are some things one needs to be intentional about, and setting a good standard for family is one of them.
I deliberated on the short story above, and I feel it's painful for a stranger to enjoy my asset somewhere because I kept it secret from my family. Things like assets, investments, and business are not meant to be kept secret from your family; at least a close family member should be aware, and in the case of a man with a wife and children, they should also be guided in the line of business for continuity should anything happen, and they should have knowledge of all assets and investments.Even with this, it would make life easier for the family a deceased person leaves behind in the world because they would continue things from where the deceased stopped. A lot of families have fallen from grace to grass because of these issues, and because many do not see it as a big deal, their families end up suffering for the deceased's lack of understanding.
These are my little thoughts to share today. What do you think about this? Let me hear your viewpoint in the comment section.
Thank you!
