BUSINESS
Plan to write your Will? Here’s the data you need to collect before you begin
In case of immovable property, details such as full address, plot/survey number, names of all the joint owners and area, especially in the case of land must be mentioned in the Will.
BUSINESS
Estate Planning 101: looking beyond wills and trusts
Estate planning is critical to ensure that your loved ones inherit only your wealth, and not a messy estate with legal complications and family disputes.
BUSINESS
How a ‘Living Will’ can help you die with dignity
Living wills, also known as advance medical directives, are legal documents that allow individuals to specify their preferences for medical treatment in the event they become incapacitated and are unable to communicate their wishes.
BUSINESS
Making a list of things to give away in a Will, but don’t know where to look? A step-by-step guide to dig them out
There are many who want to write a Will but do not do so because of the cumbersome data-gathering exercise involved. Here’s how you can overcome that inertia and go about it
BUSINESS
How to write wills that are easier to execute and minimises chances of disputes
To avoid any chances of a dispute, one should as far as possible bequeath a particular asset to the named nominee.
BUSINESS
Tech-enabling of estate planning – need of the hour
Today, where technology has practically transformed almost all businesses, estate planning and legal services can’t be far behind. We need to impress upon and push our policy makers to introduce the right laws and amendments to embrace these technologies, eventually making it convenient for all stakeholders.
BUSINESS
Want to pass on values in addition to wealth? Write an ethical Will
An ethical Will is a special kind of legacy letter that aims to pass on guiding principles, memories, spiritual beliefs, and wishes for your family’s future
BUSINESS
Explained: All about various Wills for smooth wealth transmission
Writing a Will is an extremely important activity, and it is highly advisable to take proper guidance from an experienced professional
BUSINESS
Avoid giving unlimited rights while handing the Power of Attorney to manage your assets
A PoA can end up in a messy litigation between the principal and attorney holder. Choosing the right person to represent and deal with your hard-earned money is a critical
BUSINESS
Why the rich must make life insurance an integral part of estate planning
Life insurance provides a large, tax-free sum of money to the beneficiaries
BUSINESS
One year after COVID: Are you financially prepared for career disruptions?
Job losses and pay cuts due to the pandemic may have abated with the economic revival. But how prepared are you for the next black swan?
BUSINESS
How to bequeath your digital assets
When planning for your estate, you should consider preparing an e-register of all the digital assets
BUSINESS
Will or Trust? Here’s how you must choose the best way to transfer assets to your loved ones
A Will works for smaller families with simple inheritance objectives, is cost-effective and easy to draft and modify for the testator. Through a Trust, you can achieve advanced and tailor-made estate-planning objectives
BUSINESS
Follow these 7 steps to transfer assets smoothly to heirs after your time
Missing or incomplete documents could lead to delay and perhaps avoidable legal costs
