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Estate Planning | December 20
Estate Planning

“An effective estate plan can minimize hassles and cost on and after your death, and provide benefits to your surviving family members over the long term.” As an Estate Planner, I encounter a lot of clients who are still not aware about or conscious of Estate Planning.  An overwhelming majority of Indians still do not have a professionally written Will and the actual numbers will be closer to 85%+. They think they don’t need to ....

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Estate Planning | December 19
What is a Will ?

“Even if you're a long way from old, don't leave the family unprotected” Through this article I would like to share the details on the commonly used tool of Estate Planning i.e. “Will” from Indian Law point of view and especially from the perspective of "Hindu Succession Act" and “Gift”. What is a Gift? Who can make it? India is a country of close knitted families and having a lot of reasons to celebrate owing to i....

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Estate Planning | December 11
What is a Trust ?

What is a Trust?A trust is a fiduciary relationship in which one party, known as a Settlor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. Trusts are established to provide legal protection for the trustor’s assets, to make sure those assets are distributed according to the wishes of the Settlor, and to avoid or reduce inheritance or estate taxes. St....

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