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Angeles City Sub Branch Philippines www.rslangelescity.com ‘Lest We Forget’ President Vice Presidents Secretary Treasurer
James Curtis-Smith Greg Mann Bob Barnes Dallas Drake Ron Parrott
Editor
Larry Smith
Email address’:
Clubhouse: Ponderosa Hotel president@rslangelescity.com
secretary@rslangelescity.com treasurer@rslangelescity.com
editor@rslangelescity.com
NEWSLETTER # 63 ** JUNE 2012 PRESIDENTS REPORT – June 2012 Over the last few months there have been a number of deaths of Australians living here in Angeles City. None are suspicious or involve anything but illness or old age, but why I mention this fact is that in so many cases the deceased has failed to pre plan ”what is to happen on his death and who is in charge”. My advice has often been sought by those left behind and in some cases the deceased had failed to make provision of funds easily accessed to provide for his death, burial or cremation, doctors or hospital accounts, and also funds to enable wife/partner and children to have funds to pay rent, utilities, etc. The Australian Embassy does not assist in these cases except to assist in notifying relatives in Australia. In some cases the money was there in a bank account, but not accessible without considerable legal work which in one case I assisted in, took over 3 years through the local regional Trial Court and cost over ₱290,000.00 in legal costs and death taxes! Yes there are death duties payable in the Philippines assessed by the BIR, and payable before you can access the bank account. I estimate that upon your passing, those you leave behind will need at least ₱200,000.00 immediately to provide for your funeral (about ₱75,000.00) and for sustenance, rent etc, until your estate can be administered and