Joint assets from Louis XIV to The Simpsons
Holding assets in a tontine is illegal in England, but proper joint ownership is hardly less stressful, says Ed Powles of Maurice Turnor Gardner.
Tontines have captivated authors and screenwriters for centuries. In the original form, a group of investors pool sums in a common fund, and receive an annuity. As members of the fund die, their share passes to others, increasing the income that flows out to the survivors.
To read more on this, please read Ed's article in full in Spear's Wealth Management Magazine.
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