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MR. Carlo Lua has been terminally ill since December of 2022. eventually he died on February 20, 2023. He has a legal wife, 5 legitimate
MR. Carlo Lua has been terminally ill since December of 2022. eventually he died on February 20, 2023. He has a legal wife, 5 legitimate children and 2 illegitimate children. All his parents are dead and no siblings. A month after his death, an inventory list of his total properties were finally completed Properties Cash in bank [capital] Shares of stocks [capital] Proceeds of Grepalife insurance revocably assigned to executor as beneficiary Proceeds of PhilAm life insurance irrevocably assigned to his wife House and lot [common] Cars and other vehicles [capital] 3 door apartment held as trustee Inventory of spare parts held as consignee A piece of land held as fiduciary Paintings and jewelry collection [capital] Other information: Cash balance includes: Cash withdrawal of 900K was made for wake and funeral expenses Rental revenue of 90K since deathwas included in the cash in bank Consignment commission since death 150000 Cars and other vehicles balance includes: vehicle located in the Phils. amounting to 600,000 is registered to his wife Car amounting to 1.2M in Cebu is wife's paraphernal An Antique worth 5M not included in the estate inventory list was transferred to his youngest daughter in contemplation of death youngest daughter
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