Indonesian Deposit Insurance Corporation (LPS) Replaces IDR 261.14 Billion in Customer Savings from Two Bankrupt Banks

Indonesian Deposit Insurance Corporation (LPS) Replaces IDR 261.14 Billion in Customer Savings from Two Bankrupt Banks

Jakarta, CNBC Indonesia – The Deposit Insurance Corporation (LPS) has replaced a total of IDR 261.14 billion in customer savings from two bankrupt banks throughout 2023. LPS noted that two banks went bankrupt during this year, namely PT Bank Perkreditan Rakyat Bagong Inti Marga (BPR BIM) and the Regional Public Company Bank Perkreditan Rakyat Karya … Read more

Estate Planning: Protecting Your Assets and Blended Family

Estate Planning: Protecting Your Assets and Blended Family

My husband and I just created a trust with the help of an attorney. I’m 68 and he’s 76, and we’re both in good health. I have a 26 year old married daughter. My partner has no children. He and my daughter don’t get along, and so far neither has been able to mend the … Read more

Co-Signing a Mortgage: Should I Have Done It?

Estate Planning: Protecting Your Assets and Blended Family

I went through a terrible divorce 15 years ago. I will finally finish paying my ex-husband in July. My divorce was so costly that I never remarried. My boyfriend of 14 years was having financial problems and needed to refinance his house to pay off his debt. It could not be approved without a co-signer. … Read more

The Cuban Government extends the obligation to operate with bank accounts to farmers and artists

The Cuban Government extends the obligation to operate with bank accounts to farmers and artists

Food producers will be required to have and declare a fiscal bank account in Cuba through which they must carry out all operations related to their activity, a measure that also affects artists and intellectuals, communicators, usufructuaries of state lands, owners of agricultural land and landless livestock keepers. Any repair, maintenance, purchase of equipment and … Read more

Understanding the Risks: Co-Signing a Mortgage and Potential Consequences for Parents

Estate Planning: Protecting Your Assets and Blended Family

My mother and stepfather just co-signed a mortgage for my brother. My mother said their house was used as collateral. If my brother can’t pay his mortgage, our mother will have to pay it for him, or the bank will take his house, right? Also, what happens if my mother and stepfather both pass away … Read more