Mrs Chan is 65 years old this year. Two years ago she used her hard earned savings to buy a house and registered the house under his son's name. The reason for this is because she felt that sooner or later this house will be given to her son, thus, writing a Will is not necessary.
Last year, without her knowledge, the son sold the house used the proceeds of the sale to buy a new house and registered the new house jointly under his name and his spouse.
Mrs Chan was very angry on the sale of the house, however she can not do anything to stop the sale as the son is the legal owner of the house.
To all parents, please do not do what Mrs Chan did, write a Will and protect your assets.
Please call 03-7782 1993 for more information on Will.
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