Older generations are expected to hand down a huge amount of wealth to their millennial children in the form of property, stock portfolios, cash, and businesses.
Continue reading “Generational Wealth Transfer Coming”REDARE
Globally Unbiased Journalism
REDARE: Etymology: reda (“heiress; heir”) + -are
From the wealthy to the poorest, we expose the divide and inequality, with global awareness formed from the diplomatic work of our associates and contributing writers.
Learn so much here and from network of global sovereign perspectives that help one another.
Presented by Redare Journals in May 2022, is this exploration of the need for FINANCIAL LITERACY; from the teens to aging adults, we need to educate on how money works. The outspoken viewpoints are to determine solutions. Send us comments on how you wish to get involved!
KYC / CIS / AML
Regulatory landscapes around financial transactions have a lot of abbreviations and acronyms, but perhaps none more important than:
- KYC — Know Your Customer / Client ;
- KYC Template (CORP or INDIVIDUAL)
- AML — Anti-Money Laundering (see example)
- CIS — Client Information Sheet (CIS)
- LOI – Letter of Intent
LOR – Letter of Request (See example)