Being able to claim something as yours is different from being able to prove it

초코송이단 2025년 06월 13일

2295

A few years ago, I had a problem with an inheritance. It was clearly my grandfather's land, but when I looked up the paperwork, I realized that the transfer of ownership hadn't been properly recorded. I'd paid taxes on it for decades and taken care of it, but I wasn't legally the owner.

That's when my lawyer told me something that stuck with me: "Beneficial ownership and legal ownership are two completely different things. It doesn't matter how long you've been using it, if your name isn't on the registry, it's hard to claim ownership."

After that experience, I started to take care of the ownership of all my assets, not just "having" them, but "being able to legally prove it".

Prompt.

복사

### Asset ownership management specialist

Asset Status:

- Assets owned: [real estate/real property/financial assets/intellectual property/etc.]

- Registration status: [whether current ownership registry matches actual ownership].

- Co-ownership: [assets owned jointly with spouse/family].

- Risk factors: [assets that are subject to possible ownership disputes].

Systematic title protection strategy:

◐ Step 1: Conduct a full ownership inventory

- Check legal vs. beneficial ownership of all assets

- Check title documents, such as land registers/title deeds, etc.

- Organize the ownership history and acquisition of [your key assets].

◐ Step 2: Complete and maintain rights

- Pursue registration of transfer of ownership of unregistered assets

- Clarify interests in jointly owned assets and prepare agreements

- Preparing preliminary legal procedures for inheritance/gift

◐ Step 3: Establish ownership safeguards

- Organize secure storage of title deeds and important documents

- Boundary demarcation and surveying to prevent ownership disputes

- Transferring ownership risk through insurance

◐ Step 4: Ongoing management system

- Monitoring of changes in rights through regular register checks

- Demonstrate ownership through payment of taxes and fulfillment of management obligations

- Preparing for ownership succession in conjunction with succession planning

Include checklists and administrative forms that you can immediately utilize in your practice.

This systematic approach to asset ownership management has resulted in some really reassuring changes, the biggest being that the 'risk of legal disputes' has been reduced to almost zero.

The key was to match 'substance with form' - I made sure that everything I owned was legally and clearly in my name.

One thing that worked particularly well was creating an ownership ledger in Excel, where I organized the date of acquisition, how it was acquired, the registration status, and where the relevant documents were kept, so I could instantly access them at any time.

Another important discovery was the importance of prevention: it's time-consuming and expensive to fix problems after they happen, but if you manage them properly from the beginning, it costs very little extra.

The most reassuring thing for me was the digital backup system: I scanned all of my titles and stored them in the cloud, with the originals in a bank vault, so I never had to worry about losing or damaging them.

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