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To note, your bank money getting parked somewhere else because of X years of inactivity actually happens depending on where you live. It's not straight given to
by makeitdouble 3y ago
To note, your bank money getting parked somewhere else because of X years of inactivity actually happens depending on where you live. It's not straight given to someone else, but it probably disappears in maintenance fees after a long enough time ?
Same for real estate: specific conditions need to be met, but solely having the land at your name isn't enough to guarantee you keep owning the property.
On cars, I assume you keep paying for the license plate even if you don't drive, or it's revoked and reattributed ?
Basically, reality has a bias against permanent passive ownership.