1+ day, 3+ hour ago   (696+ words) When an Indian resident holding mutual funds, shares or other financial assets passes away, their nominees act as a custodians of those assets until they are transferred to the legal heirs or the investor's family. In some cases, where the…...

1+ week, 11+ hour ago   (331+ words) When an individual leaves property to specific beneficiaries through a Will, several critical questions naturally arise, including whether the document must be registered before the property can be transferred. What are the other essential elements required (if any) in order…...

2+ week, 1+ day ago   (252+ words) Managing assets across global jurisdictions involves navigating intricate and distinct succession laws. For Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) with global families and investments, understanding how property transfers upon death is crucial to mitigating legal delays and…...

6+ day, 8+ hour ago   (509+ words) Making a will is becoming easier as online platforms such as Yellow, Aasan Will, KustodianLife and No Grey offer digital estate-planning services. Prices range from ₹499 for DIY options to around ₹30,000 for fully assisted services. But the cheapest will is not…...

1+ week, 4+ day ago   (294+ words) Under Indian income-tax law, the residential status of a trust determines the scope of income that may be subject to tax in India—broadly, worldwide income for a resident trust and India-sourced income for a non-resident trust. Indian tax law…...

2+ week, 5+ day ago   (481+ words) If you have taken a joint home loan and the co-borrower dies, you may assume that continuing to pay the EMIs will give you full ownership of the house. But that is not necessarily the case. Amitraj Kaushal, Advocate, Supreme…...

1+ week, 2+ day ago   (457+ words) The Post Office Monthly Income Scheme (MIS) is a popular small-savings scheme for investors seeking predictable income and steady cash flow. It can be a suitable option for conservative investors who prefer stable returns and want to avoid the volatility…...

2+ week, 4+ day ago   (669+ words) Naming a nominee for your investments does not necessarily mean that the nominee becomes the final owner after your death. For investments such as shares, demat securities and mutual funds, the nominee generally receives the assets on behalf of the…...

6+ day, 14+ hour ago   (530+ words) Twenty years ago, Nina and Saurabh Joshi returned to India after living abroad for many years. In their early thirties and raising two young children, they began planning for the family’s future. They bought two apartments in addition to the…...

1+ week, 6+ day ago   (570+ words) As familiarity with legacy planning grows, web-based services like Yellow, Aasan Will, KustodianLife, and No Grey are stepping in to streamline document creation. Gaining clarity on how these services function, the prices they charge, and their potential constraints helps individuals…...