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Why an e-mail on big family decision is better than no records

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A recent dispute involving a family business provides a good lesson on why it is prudent to make records in writing.

A recent dispute involving a family business provides a good lesson on why it is prudent to make records in writing.

PHOTO ILLUSTRATION: PIXABAY

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SINGAPORE - If you are making an important financial decision in a family meeting, make sure there is a proper record to avoid any disputes later.

Many families have ended up in court fighting over precisely such things because when relationships sour, it usually boils down to your word against their word.

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