Family divided over late woman's $48 million in assets

TN News

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A woman's adopted daughter and siblings are considering asking a court to divide the VND 1 trillion (US$48 million) in assets she left without a will.

The assets, including jewelry, 100 ounces of gold, bank deposits, cash, and property ownership titles, were kept in a safe and only known to the family after the woman died suddenly last year at 65. Her property stretches across neighboring provinces Binh Duong and Dong Nai.

In March 2011, the 22-year-old adopted daughter and the woman's siblings had the assets officially deopsited with Sacombank for one year.

More than two months after the deposit contract ended on May 30, the family and the adopted daughter are still divided over how to share the assets.

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A source from the bank said the assets are huge and a deputy general director from the bank, in charge of legal consultancy, will be closely supporting the family.

The woman, only identified as T.K.P., used to run a rice noodle factory, before starting a property rental business. Neighbors said she usually gave money to charity.

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