1+ mon, 1+ week ago   (353+ words) When you invest in a mutual fund, buy insurance, or open a bank account, picking a nominee is one of the first things you are asked to do. It allows these institutions to know whom to contact if the account…...

1+ mon, 2+ week ago   (301+ words) A financial master sheet can help bridge this gap. It is a single, carefully maintained record that maps the family’s financial and administrative life: what exists, where it is held, where the supporting documents are stored and whom to contact....

3+ mon, 2+ week ago   (1037+ words) When a 57-year-old woman in Bengaluru was diagnosed with cancer a few years ago, the possibility of entering remission prompted her to think practically about life ahead. Her elder daughter lived in the US, while her younger daughter was in…...

4+ mon, 5+ day ago   (563+ words) If you think children automatically have a legal right over everything their father owns, the law says otherwise. In India, a child's legal claim depends on whether the property is ancestral or self-acquired. While both sons and daughters are beneficiaries…...

9+ mon, 3+ week ago   (225+ words) Any form of US-listed stocks–either stock options or direct stocks–can create significant wealth, but they also carry the risk of US estate taxation When it comes to paying the estate tax, the process is handled by the estate…...

10+ mon, 2+ week ago   (353+ words) In India, there is currently no specific legal framework for digital estate planning or for the inheritance of digital assets such as emails, social media, and cloud storage. The Indian Succession Act, 1925 governs the transfer of physical, movable, and immovable…...