It is important to keep in mind that as per the law, you are either married or divorced. There is nothing in between
Though it is not mandatory to video record the Will, there are a few situations in which the video recording is recommended by the estate planners.
In the absence of a Will or Nomination even day-to-day functioning gets affected, as the heirs don’t have access to the funds.
Under the Indian laws, the registration of the Will is not at all compulsory. It is an option on part of the Testator to register the Will.
Mis-selling continues unabated and everybody seems to be doling out financial advise.
One NRE savings account, one NRO savings account and one demat account in case you still hold shares from when you were resident, are typically enough for most NRIs.
No one knows the outcome of elections and even if one knew the election outcome, the impact on the markets may be unpredictable.
It’s advisable to review your monthly credit card and bank statements for any unauthorised and sham transactions.
The student travel insurance plan you pick should provide cover for medical emergencies, expenses for dental treatment, accident, evacuation and repatriation, personal liability, tuition fee, travel and sponsor protection.
Make sure you do extensive research before you apply for an education loan so that you can get the best possible rate and reduce your repayment burden later on.
On 10th December, the Government announced that the tax exemption limit for lump sum withdrawal on exit has been enhanced to 60 percent. With this, the entire withdrawal will now be exempt from income tax.
Good advisors are better used for creating financial plans and may not be the right fit of you if you only want to use them for picking stocks
Senior members of the family need to educate the young on savings and make it fun by awarding the points if specific saving targets are met
Instant transfer directly to bank account is the biggest plus point of using UPI, compared to other cashless modes.
To identify the fund's suitability and the percentage allocation to each category and fund, it is really important to identify the risk profile and financial goals of the investor.
Credit rating agencies (CRAs) such as CRISIL, ICRA, CARE usually assign ratings to financial instruments in the form of symbols such as AAA, AA+ and BB.
Prepare a shopping list before stepping out of the house. Stick to that list and avoid window shopping.
A separate will can be drafted as per the local laws so that it can be easily executed in each jurisdiction and interpreted by the Court
Review your existing term insurance cover and it should shield future expenses of children goals from uncertainty.
Parents can use the occasion of Children’s Day as an opportunity to let their children practice money management.
If you want your children to inherit true wealth, make them financially literate.
By investing for a little longer you let compounding play in your favour, thus generating more out of little invested.
While exciting car offers fill the marketplace, ensure you shop smart by considering safety, car finance and fuel apart from the features alone
Cost of investing in equities is that it is a volatile asset class- there will be times when your portfolio value will be lower than what you invested
You can’t postpone your child’s education. In such circumstances, it is better to start early so that you can manage finances better.