A tontine can apply both in respect of all undistributed assets or in respect of a number of possessions. |
The later we leave it, the more the pension becomes a tontine in which the survivor takes all. |
In the event that a policyholder dies during the tontine policy, his or her beneficiary will be entitled to benefits, but no dividends. |
When it was discovered that Loka was nowhere in the immediate vicinity, tontine was furious. |
It is therefore very important that if you wish to draw up a will, a cohabitation agreement or tontine, you do get advice from a notary. |
We advise actual cohabitants to draw up a will, a cohabitation agreement or tontine. |