Live Rich and Don't Die Rich
Most of the Indian Senior Citizens die rich but they do not live rich. The younger generation is moving away from Real Estate, whereas the Seniors are still engrossed emotionally in Real Estate. The Seniors have built houses not only for themselves but also for their children, and even for those who have settled abroad or outside their home state. The next generation is least interested in these houses. They have no time to look at these gigantic properties. The next generation is very asset light. One such Senior Citizen died at the age of eighty five. His wife had already passed away a few years ago. One son lives in London and the other one lives in New Zealand. They have the nationality of those countries. Neither was interested in the house their father had built when they were younger. The father had written a Will before his death to divide all the property equally between his two children. The sons did not have the time or the inclination to get the property transferred in thei...