What happens to people's portfolios/other assets when they go to prison?
I was just thinking... let's say someone goes to prison, what happens to their things? They can no longer manage their car, bank accounts, broker account/portfolios, or their home or other possessions.
So what happens? If you go to prison for numerous years can you freeze your bank and broker accounts? Do you tell your landlord then pack your shit and put it in a storage locker? Same with car? Can you pay in advance multiple years for those?
But most importantly your bank and broker accounts. What happens to them since you cant manage them for many years, can you request them frozen?
your bank account and investments stays the same, if you have bank fees, they will keep deducting untill you run into the negatives
>>1436968
What if your money gets stolen and you're not available to report it to the bank for 5 years?
That happens sometimes, would you be fucked then or get it back?
You can use a phone in jail right? So you can call all these people if you want to? Everything goes as normal and the govt would likely seize anything significant as proceeds of crime anyway
>>1436966
What the fuck are you planning to do?
>>1436979
Nothing, was just curious about it all for a while. When I was following the Martin Shkreli thing in particular it made me think about what happens to their shit, since they have cars, homes full of stuff and whatnot
>>1436976
Could someone not impersonate you if it was that easy? Struggling to see how the security would hold up here.