US Congress rules on TikTok ban, China’s Ministry of Commerce said would
defend company’s legitimate rights · TechNode
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TikTok’s fate in the US appears doomed as the Senate passed a sell-or-ban
bill on Tuesday with 79 to 18 votes. The bill, tied to the US’s foreign aid
packa...
1 hour ago
No speculation of nominees upon demise. RIP!
ReplyDeleteHeheh, for those who keep their annual CPF statements, or leave them lying around the house ... family members will know the rough total amounts. If the total tabulated after disbursement is nowhere close to the annual statements, then the family ought to know that there's some other nominee(s). Hohoho!
ReplyDeleteCPF takes about 1.5 to 2 months to disburse into nominees' bank accounts. So if after 2 months no money or much less than expected ... like that lorr!
For me it's simple since my CPF quantum is not 7-figures LOL ... I just upfront tell my family members my nominations & the respective % :)
Hmmm, I wonder what happens for cases where the nominee is also deceased when I up lorry ... I'm guessing it will be treated as part of the nominee's estate? Then either follow the nominee's Will, or follow intestate act if no Will.
1. Any nominee deceased we need to re-nominate.
ReplyDelete2. If no, go to nominee's estate
Go to deceased nominee estate. No estate will mean unclaimed cpf. Plenty of unclaimed cpf hor
ReplyDeleteNo CPF nominations means $$$$ will be transferred to public trustee's office. Family or relatives need to pay some fee to PTO for the $$$$ to be distributed according to intestate act.
ReplyDeleteUsually cases where persons are loners, don't have any close family/relatives, are those end up with CPF monies unclaimed in PTO.