GIFT City FundsAn HUF is bigger than the group that can enforce a partition of ancestral property. The coparcenary is the smallest group. That confusion between those two circles..
Category: Estate and Succession Planning
Family Trust in India: Creation, Deed & Tax Rules
A will speaks after death.” A trust can hold and manage assets during the family’s lifetime. This difference is the reason why the searches for family trust..
Testamentary Succession: Will, Hindu Law & ISA Guide
Property will not wait for a family gathering. The law already has an answer when a person dies: the will speaks or the statute speaks. That fork..
11 Ways to Choose Financial Consultants in Bangalore
Arjun, a senior engineer at Whitefield, opened his latest RSU vesting statement and felt the familiar tightness in his chest. A solid base salary, reasonable equity, two..
Estate Planning India: Costs, Wills, Digital Platforms and How to Choose Services
Most Indian families delay estate planning until they are forced to deal with it as a crisis. The result is evident in the large number of unclaimed..
Living Trust in India: How It Works, Will Comparison and Practical Creation Guide
Living Trust is a term that many Indian families come across in the overseas context, especially in the US. The functional equivalent in India is an inter..
Revocable Living Trust India: Practical Guide to Private Trusts under the Indian Trusts Act
Trusts are emerging as a preferred option for Indian families for succession planning over wills. The term ‘revocable living trust’ is borrowed from common law jurisdictions, but..