Here is a thought. In a communist country, a formula calculates how much a person needs for a lifetime of basic living. Example rm 1 mil.
So when a person dies, only up to 1 mil can be handover to each next of kin. The rest go to social security of the citizens.
Basic retirement savings of RM240,000 by age 55
Sep 26 2024, 06:37 PM
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